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Duplex with Separate Metering

2455 POLK, Brownsville, TX 78520

For Sale
$179,000
Pending

Residential Income, BROWNSVILLE, TX

Property Size1,378 SF
Lot Size0.14 Acres
Days on Market163

Property Features for 2455 POLK

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Carport
Interior features Ceiling Fan(s)
Fencing Chain Link
Subdivision BELLA VISTA
Elementary school LONGORIA
Middle school FAULK
High school PORTER
Elementary school district BROWNSVILLE I.S.D.
Middle school district BROWNSVILLE I.S.D.
High school district BROWNSVILLE I.S.D.
Standard status Pending
Size 1,378 SF
Lot size 0.14 Acres

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

carport

Building Details

Year built 1984
Floors in Building 1
Number of units 2
Flooring type Vinyl
Listing Agency: Zavaleta Realty, LLC
Listed By: Amanda Gonzalez
Added: May 31 Changed: Sep 19 Last Checked: Nov 9 at 7:06PM
MLS# 29776816

Copyright © 2026 Rio Grande Valley Multiple Listing Service Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1984, this 1,378-square-foot duplex contains two residential units, each arranged with 2 bedrooms and 1 bath. Central heating and central air serve the property, while ceiling fans provide an additional interior feature. Each unit has its own water and electric meter, supporting separate utility measurement. The property includes a carport for each unit and sits on a 0.14-acre corner lot enclosed by chain-link fencing.

Located at 2455 Polk in Brownsville, the property is connected to public water and public sewer. The duplex provides a defined two-unit layout with dedicated covered parking and separately metered water and electric service.

Key Highlights

  • Two‑unit duplex with 1,378 square feet of property size
  • Each unit includes 2 bedrooms and 1 bath
  • Separate water and electric meters for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,369
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,380 $227.4K
Cap Rate 7%
$162,414 $162.4K
Cap Rate 9%
$126,322 $126.3K
Market Conditions
NOI Build-Up for 1,378 SF
Gross rent
$17.4K $12.60/SF
− Vacancy
−$1.1K −$0.81/SF
EGI
$16.2K $11.79/SF
− OpEx
−$4.9K −$3.54/SF
NOI
$11.4K $8.25/SF
Area
Brownsville, TX
Vacancy
6.46%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,380
Cap Rate 7%
$162,414
Cap Rate 9%
$126,322

Alternative Uses

Best Use
Multifamily LT 5
$162.4K
$142.1K – $189.5K (±1% cap)
NOI $11,369 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$148.9K
$130.3K – $173.8K (±1% cap)
NOI $10,426 @ 7.0% cap · market cap 5.82%
Theoretical Best
Healthcare Medical
$237.3K
$207.6K – $276.8K (±1% cap)
NOI $16,609 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

398
Businesses Nearby

Demographics for 78520, TX

64,949
Population
22,543
Households
2.9
Avg Household Size
34
Median Age
23%
College-Educated
69%
High-School Grad
39.7 sq mi
ZIP Area
1,636
Density / Sq Mi
$47,331
Median Household Income
$27,529
Median Earnings
$842
Median Rent
$129,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Brownsville, TX

$232 Jul
$189 Aug
$188 Sep
$188 Oct

Properties on Market for Duplexes in Brownsville

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer individual utility meters, private carports, and a corner-lot setting in Brownsville.
Where is this duplex located?
The property is located at 2455 POLK Brownsville, TX.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,378 square feet of property size; Each unit includes 2 bedrooms and 1 bath; Separate water and electric meters for each unit
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