Two-Story Duplex with
For Sale
$650,000
3332 Francis Street Unit A/B, Houston, TX 77004
New construction duplex with separate entries, contemporary interiors, and private outdoor areas for each residence.
Property Size3,694 SF
Days on Market55
Property Features for 3332 Francis Street Unit A/B
General Information
Standard status
Active
Size
3,694 SF
Property subtype
Multi Family,Duplex
Site & Location
Neighborhood
Greater Third Ward
Building Details
Building Size
3,694 SF
Year Built
2026
Listing Agency:
Illustrious Realty, LLC
Listed By:
Champhaine Davis
(713) 836-9545
Source:
Livingvoguerealestate
Added: Sep 2
Changed: Oct 25
Last Checked: Oct 25 at 12:15AM
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 Illustrious Realty, LLC
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Investment Insights
Based on property information with market context.
This 2026-built duplex contains approximately 3,694 square feet across two stories, with two separate residences designed around privacy and modern functionality. Each unit has its own entrance, contemporary finishes, private outdoor space, and an attached one-car garage. The property is offered as a complete duplex, allowing an owner to occupy one residence while leasing the other, house extended family, or hold both units as a multifamily asset.
The property is located in Houston’s 77004 area, with access to Downtown, the Texas Medical Center, the University of Houston, TSU, and nearby dining and entertainment. Its two-unit configuration and separate garage accommodations provide a practical setup for residential occupancy or rental use.
The property is located in Houston’s 77004 area, with access to Downtown, the Texas Medical Center, the University of Houston, TSU, and nearby dining and entertainment. Its two-unit configuration and separate garage accommodations provide a practical setup for residential occupancy or rental use.
Key Highlights
- Approximately 3,694 square feet of total living space
- Two‑story duplex with two separate residences
- Attached one‑car garage for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,383
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$967,660
$967.7K
Cap Rate 7%
$691,186
$691.2K
Cap Rate 9%
$537,589
$537.6K
Market Conditions
NOI Build-Up for 3,694 SF
Gross rent
$73.1K $19.80/SF
− Vacancy
−$4.0K −$1.09/SF
EGI
$69.1K $18.71/SF
− OpEx
−$20.7K −$5.61/SF
NOI
$48.4K $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%
$967,660
Cap Rate 7%
$691,186
Cap Rate 9%
$537,589
Alternative Uses
Best Use
Multifamily LT 5
$691.2K
$604.8K – $806.4K
NOI $48,383 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$597.9K
$523.1K – $697.5K
NOI $41,850 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$949.9K
$831.2K – $1.11M
NOI $66,492 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
944
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - New construction duplex with separate entries, contemporary interiors, and private outdoor areas for each residence.
Where is this duplex located?
The property is located at 3332 Francis Street Unit A/B Houston, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 3,694 square feet of total living space; Two‑story duplex with two separate residences; Attached one‑car garage for each residence
