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Northside Village Multifamily Investment Opportunity
For Sale
$419,990

2904 Chapman St, Houston, TX 77009

Six-unit multifamily property in Houston's growing Northside Village.

Property SizeContact for details
Lot Size0.16 Acres
Days on Market118

Property Features for 2904 Chapman St

General Information

Standard status Active
Lot size 0.16 Acres
Property subtype Investment

Building Details

Year Built 1940
Listing Agency: ROOTS BROKERAGE
Listed By: Mohammad Khatri · License #0572884
Source: Elliman
Added: Apr 10 Changed: Jul 10 Last Checked: Aug 5 at 8:42AM

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 ROOTS BROKERAGE

Investment Insights

Based on property information with market context.

This property, located on Chapman Street, features six tenant-occupied units across three duplexes. The property has been replotted into four lots, each measuring 1787 square feet, for a total lot size of 7150 square feet. All six units are currently leased at a monthly rent of $775 each. Situated in Northside Village, the property is positioned within proximity to major highways and bus routes, and is less than 3 miles from the East River development and Downtown Houston. The location is designated as a qualified opportunity zone, potentially offering tax benefits. The property is located in an up-and-coming neighborhood experiencing growth and new construction. The bike score is 44, indicating it is somewhat bikeable, the walk score is 47, indicating car-dependent, and the transit score is 46, indicating some transit options are available. The property presents an investment opportunity in the Northside Village area.

Key Highlights

  • Fully leased investment property generating $775 monthly rent per unit.
  • Located in a qualified opportunity zone, offering potential tax benefits.
  • Rare city block location in the rapidly growing Northside Village.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Garden Center Law Firm Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

523
Businesses Nearby

Demographics for 77009, TX

36,425
Population
17,890
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
78%
High-School Grad
6.2 sq mi
ZIP Area
5,875
Density / Sq Mi
$81,921
Median Household Income
$49,446
Median Earnings
$1,229
Median Rent
$403,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Six-unit multifamily property in Houston's growing Northside Village.
Where is this duplex located?
The property is located at 2904 Chapman St Houston, TX.
What is the asking price?
The asking price for this property is $419,990.
What are key features of this property?
This property features: Fully leased investment property generating $775 monthly rent per unit.; Located in a qualified opportunity zone, offering potential tax benefits.; Rare city block location in the rapidly growing Northside Village.
More about this property
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