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Quadplex Residential Income Property
For Sale
$350,000

301 W 31st Street 103, Bryan, TX 77803

Four-unit residential income property available for sale at 301 W 31st Street 103 in Bryan, TX.

Property Size2,414 SF
Price / SF$144.99
Days on Market103

Property Features for 301 W 31st Street 103

General Information

Standard status Active
Size 2,414 SF
Property subtype Multi-Family

Taxes and HOA fees

Annual Taxes $8,867

Amenities

Living Room
1
Yes
3
2
Appraiser
Other
No
Public
2300
0.0528
Attached,Garage
Slab
2414

Building Details

Building Size 2,414 SF
Year Built 2021
Stories 2
Listing Agency: DBL Real Estate
Listed By: Wendy Saik · License #0663604
Source: Garygreene
Added: Jul 7 Changed: Oct 16 Last Checked: Oct 16 at 6:27AM

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 DBL Real Estate

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Investment Insights

Based on property information with market context.

This quadplex residential income property for sale consists of four units under one ownership structure. It is presented as a multifamily investment asset within the Residential income property category.

The property is located at 301 W 31st Street 103 in Bryan, Texas 77803.

Additional details about unit layout, condition, and building improvements are not provided in the available information.

Key Highlights

  • Four‑unit residential income property for sale at 301 W 31st Street 103 in Bryan, TX
  • Built in 2021 with 2,414 total building area (per appraiser)
  • 2‑bedroom, 3‑bath interior with 1 half bath; air conditioning and heating available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,951
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,020 $519.0K
Cap Rate 7%
$370,729 $370.7K
Cap Rate 9%
$288,344 $288.3K
Market Conditions
NOI Build-Up for 2,414 SF
Gross rent
$39.1K $16.20/SF
− Vacancy
−$2.0K −$0.84/SF
EGI
$37.1K $15.36/SF
− OpEx
−$11.1K −$4.61/SF
NOI
$26.0K $10.75/SF
Area
Brazos County, TX
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,020
Cap Rate 7%
$370,729
Cap Rate 9%
$288,344

Alternative Uses

Best Use
Multifamily LT 5
$370.7K
$324.4K – $432.5K (±1% cap)
NOI $25,951 @ 7.0% cap · market cap 7.41%
Second Best
Apartment 5plus
$330.8K
$289.5K – $386.0K (±1% cap)
NOI $23,158 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$594.4K
$520.1K – $693.5K (±1% cap)
NOI $41,610 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Pharmacy Carpet & Flooring Store Catering Service Veterinary Clinic Storage Facility

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

1,055
Businesses Nearby

Demographics for 77803, TX

30,533
Population
10,586
Households
2.9
Avg Household Size
32
Median Age
11%
College-Educated
72%
High-School Grad
13.6 sq mi
ZIP Area
2,245
Density / Sq Mi
$50,953
Median Household Income
$28,651
Median Earnings
$1,106
Median Rent
$141,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Quadplex - Four-unit residential income property available for sale at 301 W 31st Street 103 in Bryan, TX.
Where is this quadplex located?
The property is located at 301 W 31st Street 103 Bryan, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Four‑unit residential income property for sale at 301 W 31st Street 103 in Bryan, TX; Built in 2021 with 2,414 total building area (per appraiser); 2‑bedroom, 3‑bath interior with 1 half bath; air conditioning and heating available
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