Remodeled Two-Unit
For Sale
$260,000
2712 Brewster Street, Houston, TX 77026
Rehabilitated residential property with one occupied residence and one unit currently available for lease.
Property Size966 SF
Days on Market63
Property Features for 2712 Brewster Street
General Information
Standard status
Active
Size
966 SF
Property subtype
Multi Family,Duplex
Site & Location
Neighborhood
Greater Fifth Ward
Building Details
Building Size
966 SF
Year Built
1936
Listing Agency:
White Picket Realty LLC
Listed By:
Alan Hernandez
(832) 532-9229
Source:
Mpowerrealtygroup
Added: Aug 25
Changed: Oct 25
Last Checked: Oct 24 at 10:47PM
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 White Picket Realty LLC
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Investment Insights
Based on property information with market context.
Located at 2712 Brewster Street in Houston, this duplex contains two separate 2-bedroom, 1-bath residences. The property has undergone rehabilitation, with one home currently available for lease and the other occupied by a tenant. The layout provides a straightforward two-unit residential income configuration for an owner or investor.
Built in 1936, the property is near Downtown Houston, Hardy Yards, Saint Arnold Brewing, the East End, and major highways. The surrounding area includes new construction and redevelopment activity. Both residences offer the same two-bedroom, one-bath configuration, creating a consistent unit profile across the property.
Built in 1936, the property is near Downtown Houston, Hardy Yards, Saint Arnold Brewing, the East End, and major highways. The surrounding area includes new construction and redevelopment activity. Both residences offer the same two-bedroom, one-bath configuration, creating a consistent unit profile across the property.
Key Highlights
- Two separate 2‑bedroom, 1‑bath residences
- One residence currently available for lease
- Second residence is tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,652
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,040
$253.0K
Cap Rate 7%
$180,743
$180.7K
Cap Rate 9%
$140,578
$140.6K
Market Conditions
NOI Build-Up for 966 SF
Gross rent
$19.1K $19.80/SF
− Vacancy
−$1.1K −$1.09/SF
EGI
$18.1K $18.71/SF
− OpEx
−$5.4K −$5.61/SF
NOI
$12.7K $13.10/SF
Area
Houston, TX
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,040
Cap Rate 7%
$180,743
Cap Rate 9%
$140,578
Alternative Uses
Best Use
Multifamily LT 5
$180.7K
$158.2K – $210.9K
NOI $12,652 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$156.3K
$136.8K – $182.4K
NOI $10,944 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$248.4K
$217.4K – $289.8K
NOI $17,388 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
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Business Placement
Demographics for 77026, TX
23,405
Population
9,580
Households
2.4
Avg Household Size
36
Median Age
9%
College-Educated
70%
High-School Grad
6.6 sq mi
ZIP Area
3,546
Density / Sq Mi
$34,835
Median Household Income
$29,339
Median Earnings
$962
Median Rent
$104,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Rehabilitated residential property with one occupied residence and one unit currently available for lease.
Where is this duplex located?
The property is located at 2712 Brewster Street Houston, TX.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two separate 2‑bedroom, 1‑bath residences; One residence currently available for lease; Second residence is tenant occupied
