Modern 4-Unit
New
For Sale
$1,280,000
3510 Adair Street Unit ABCD, Houston, TX 77004
Four independent residences offer three-bedroom, three-bathroom layouts with contemporary kitchen and bathroom finishes.
Property Size5,544 SF
Days on Market6
Property Features for 3510 Adair Street Unit ABCD
General Information
Standard status
Active
Size
5,544 SF
Property subtype
Multi Family,Duplex
Site & Location
Neighborhood
Greater Third Ward
Units
Unit Mix
4 x 3BR/3BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$4,315
Building Details
Building Size
5,544 SF
Year Built
2026
Listing Agency:
Atlas Real Estate
Listed By:
Zain Momin
(346) 418-8229
Source:
Livingvoguerealestate
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 24 at 10:39PM
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 Atlas Real Estate
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Investment Insights
Based on property information with market context.
Completed in 2026, this quadplex contains four private residences, each measuring 1,386 square feet and arranged with three bedrooms and three full bathrooms. Interior features include stainless steel appliances, quartz counters, tile backsplashes and large kitchen islands. Owner’s suites have walk-in closets, oversized windows, frameless-glass showers and double vanities.
The property is steps from the University of Houston and near Texas Southern University, the Medical Center, Downtown, Midtown and Montrose. Each residence has the same bedroom and bathroom count, for a total of 12 bedrooms and 12 full bathrooms across the four-unit property.
The property is steps from the University of Houston and near Texas Southern University, the Medical Center, Downtown, Midtown and Montrose. Each residence has the same bedroom and bathroom count, for a total of 12 bedrooms and 12 full bathrooms across the four-unit property.
Key Highlights
- Four private units, each with 3 bedrooms and 3 full bathrooms
- Each residence measures 1,386 SF; 12 bedrooms and 12 bathrooms total
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,614
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,452,280
$1.5M
Cap Rate 7%
$1,037,343
$1.0M
Cap Rate 9%
$806,822
$806.8K
Market Conditions
NOI Build-Up for 5,544 SF
Gross rent
$109.8K $19.80/SF
− Vacancy
−$6.0K −$1.09/SF
EGI
$103.7K $18.71/SF
− OpEx
−$31.1K −$5.61/SF
NOI
$72.6K $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%
$1,452,280
Cap Rate 7%
$1,037,343
Cap Rate 9%
$806,822
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$907.7K – $1.21M
NOI $72,614 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$897.3K
$785.1K – $1.05M
NOI $62,809 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$1.43M
$1.25M – $1.66M
NOI $99,792 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
898
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four independent residences offer three-bedroom, three-bathroom layouts with contemporary kitchen and bathroom finishes.
Where is this quadplex located?
The property is located at 3510 Adair Street Unit ABCD Houston, TX.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Four private units, each with 3 bedrooms and 3 full bathrooms; Each residence measures 1,386 SF; 12 bedrooms and 12 bathrooms total; Built in 2026
