Two-Unit Duplex with Private
307 Quitman Street, Houston, TX 77009
For Sale
$674,950
Both sides are leased and have separate one-car garages.
Property Size3,330 SF
Lot Size0.11 Acres
Price / SF$202.69
Days on Market123
Property Features for 307 Quitman Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Occupancy
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Parking per Unit
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
fenced yard
automatic gate
security system
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Boulevard Realty
Listed By:
Dustee Gutierrez
(713) 253-2017
Source:
Kaystimsonproperties
Added: Jul 10
Changed: Nov 8
Last Checked: Nov 8 at 3:50PM
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 Boulevard Realty
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Investment Insights
Based on property information with market context.
Built in 2026, this two-story duplex contains 3,330 square feet across two separate units. Each 1,665-square-foot side has three bedrooms, two-and-a-half bathrooms, an open-concept layout, custom closets, and a private one-car garage. Tile finishes and selected countertops complete the interiors. The property occupies a 5,000-square-foot lot with space for parking and private backyard areas. A wood fence runs along three sides, while an iron fence and automatic gate enclose the remaining side; built-in alarm systems are also included.
The property is at 307 Quitman Street in Houston, with partial views of the downtown skyline. Both units are currently leased.
The property is at 307 Quitman Street in Houston, with partial views of the downtown skyline. Both units are currently leased.
Key Highlights
- Two‑story duplex completed in 2026
- 3,330 square feet total; two units of 1,665 square feet each
- Each unit has 3 bedrooms, 2.5 bathrooms, and a private one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,615
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$872,300
$872.3K
Cap Rate 7%
$623,071
$623.1K
Cap Rate 9%
$484,611
$484.6K
Market Conditions
NOI Build-Up for 3,330 SF
Gross rent
$65.9K $19.80/SF
− Vacancy
−$3.6K −$1.09/SF
EGI
$62.3K $18.71/SF
− OpEx
−$18.7K −$5.61/SF
NOI
$43.6K $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%
$872,300
Cap Rate 7%
$623,071
Cap Rate 9%
$484,611
Alternative Uses
Best Use
Multifamily LT 5
$623.1K
$545.2K – $726.9K
NOI $43,615 @ 7.0% cap · market cap 6.46%
Second Best
Apartment 5plus
$538.9K
$471.6K – $628.8K
NOI $37,726 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$856.3K
$749.3K – $999.0K
NOI $59,940 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
952
Businesses Nearby
Explore this area
Business Placement
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
$403,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Houston, TX
Properties on Market for Duplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both sides are leased and have separate one-car garages.
Where is this duplex located?
The property is located at 307 Quitman Street Houston, TX.
What is the asking price?
The asking price for this property is $674,950.
What are key features of this property?
This property features: Two‑story duplex completed in 2026; 3,330 square feet total; two units of 1,665 square feet each; Each unit has 3 bedrooms, 2.5 bathrooms, and a private one‑car garage
