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Duplex with Private Garages
New
For Sale
$778,000

3012 & 3014 Beulah St, Houston, TX 77004

Modern duplex in Houston’s Third Ward with private 2-car garages per unit and private back yards.

Days on Market4

Property Features for 3012 & 3014 Beulah St

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Investment

Amenities

chef-style kitchen
spa-inspired ensuite
private back yard
secondary living with drive bar
soaring ceilings

Building Details

Building Size 4,036 SF
Year Built 2026
Buildings 1
Tenancy Multi
Listing Agency:
Listed By: Gustavo A Miquilarena
Source: Elliman
Added: Jul 28 Changed: Jul 29 Last Checked: Jul 31 at 10:57AM

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 Gustavo A Miquilarena

Investment Insights

Based on property information with market context.

Presenting Beulah Villas Duplex, a modern new construction duplex residence in Houston’s historic Third Ward. The property offers 6 beds and 6.5 baths with over 4,000 SF of thoughtfully planned living space. The open-concept first floor is anchored by a chef-style kitchen that flows into the dining and expansive living areas. Upstairs, there is a secondary living space with a drive bar, and the primary suite includes soaring ceilings, abundant natural light, and a spa-inspired ensuite with dual vanities. Additional bedrooms provide generous space and closet storage.

Each unit is complemented by a private 2-car garage and a private back yard. Area mobility is supported by BikeScore of 70 (Very Bikeable), WalkScore of 78 (Very Walkable), and TransitScore of 63 (Good Transit).

Key Highlights

  • New construction built in 2026: Beulah Villas duplex in Houston’s Third Ward
  • Duplex offers 6 beds and 6.5 baths with over 4,000 SF of living space
  • Open‑concept first floor with chef‑style kitchen flowing into dining and expansive living

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 $79.9k $19.80
− Vacancy −$4.4k −$1.09
EGI $75.5k $18.71
− OpEx −$22.7k −$5.61
NOI $52.9k $13.10
4,036 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$755.2K
$660.8K – $881.0K (±1% cap)
NOI $52,862 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$653.2K
$571.6K – $762.1K (±1% cap)
NOI $45,725 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$1.04M
$908.1K – $1.21M (±1% cap)
NOI $72,648 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Furniture & Home Goods Skin Care Clinic Pharmacy Kitchen & Bath Showroom Home Appliance Store

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

900
Businesses Nearby

Demographics for 77004, TX

37,005
Population
18,321
Households
2
Avg Household Size
31
Median Age
57%
College-Educated
96%
High-School Grad
5.2 sq mi
ZIP Area
7,116
Density / Sq Mi
$65,901
Median Household Income
$55,909
Median Earnings
$1,320
Median Rent
$384,100
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 - Modern duplex in Houston’s Third Ward with private 2-car garages per unit and private back yards.
Where is this duplex located?
The property is located at 3012 & 3014 Beulah St Houston, TX.
What is the asking price?
The asking price for this property is $778,000.
What are key features of this property?
This property features: New construction built in 2026: Beulah Villas duplex in Houston’s Third Ward; Duplex offers 6 beds and 6.5 baths with over 4,000 SF of living space; Open‑concept first floor with chef‑style kitchen flowing into dining and expansive living
More about this property
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