Stacked Duplex with Two
2609 Cleburne Street Houston, TX 77004
For Sale
$639,900
Newly built over-under duplex with a 3-bedroom unit upstairs and a 2-bedroom unit downstairs with garage access.
Property Size2,751 SF
Price / SF$232.61
Days on Market98
Property Features for 2609 Cleburne Street
General Information
- Standard status
- Active
- Size
- 2,751 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 2026
Listing Agency:
Mark Hubbard
(713) 725-1213
Listed By:
Pam Hughes
(713) 725-1213
Source:
Garygreene
Added: Apr 19
Changed: Jul 23
Last Checked: Jul 25 at 2:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mark Hubbard
Investment Insights
Based on property information with market context.
Newly built stacked duplex arranged as an over-under configuration, offering two separate residential units. The upper unit provides a spacious 3-bedroom, 2-bath layout, designed for comfortable everyday living. The lower unit features a 2-bedroom, 2-bath residence and includes garage access, supporting tenant convenience and separate use.
The property is located at 2609 Cleburne Street in Houston, TX 77004, and is described as minutes from the University of Houston, Downtown Houston, and the Texas Medical Center. Easy access to SH 288 is also noted.
This pre-sale opportunity is positioned for buyers seeking to own a duplex with flexible living options through the upstairs and downstairs unit configurations.
The property is located at 2609 Cleburne Street in Houston, TX 77004, and is described as minutes from the University of Houston, Downtown Houston, and the Texas Medical Center. Easy access to SH 288 is also noted.
This pre-sale opportunity is positioned for buyers seeking to own a duplex with flexible living options through the upstairs and downstairs unit configurations.
Key Highlights
- Newly built stacked duplex (over‑under) with approx. 2,751 SF total living area
- Upstairs unit: 3 bedrooms, 2 bathrooms with balcony and stone counters
- Downstairs unit: 2 bedrooms, 2 bathrooms with garage access
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.5k | $19.80 |
| − Vacancy | −$3.0k | −$1.09 |
| EGI | $51.5k | $18.71 |
| − OpEx | −$15.4k | −$5.61 |
| NOI | $36.0k | $13.10 |
2,751 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$514.7K
$450.4K – $600.5K
NOI $36,032 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$445.2K
$389.6K – $519.5K
NOI $31,167 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$707.4K
$619.0K – $825.3K
NOI $49,518 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Newly built over-under duplex with a 3-bedroom unit upstairs and a 2-bedroom unit downstairs with garage access.
Where is this duplex located?
The property is located at 2609 Cleburne Street Houston, TX.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Newly built stacked duplex (over‑under) with approx. 2,751 SF total living area; Upstairs unit: 3 bedrooms, 2 bathrooms with balcony and stone counters; Downstairs unit: 2 bedrooms, 2 bathrooms with garage access
