5-Unit Apartment
For Sale
$675,000
3522 Sampson St, Houston, TX 77004
Fully furnished units with separate utility meters, gated on-site parking, and a rear patio area.
Property Size3,072 SF
Price / SF$219.73
Days on Market480
Property Features for 3522 Sampson St
General Information
Standard status
Active
Size
3,072 SF
Total Parking Spaces
7
Property subtype
Residential Income
Occupancy
100%
Additional Details
Furnished
Yes
Utilities to Site
Yes
Multifamily Units
5
Amenities
patio area
gated parking
Listing Agency:
S&P Interests
(832) 797-5698
Listed By:
Nelson Senegal
(832) 797-5698
Source:
Exprealty
Added: Apr 14, 2025
Changed: Jul 31
Last Checked: Jul 31 at 2:27PM
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 S&P Interests
Investment Insights
Based on property information with market context.
This 5-unit apartment property at 3522 Sampson St in Houston includes 10 beds, fully furnished units, and fully executed leases. The 3,072-square-foot property offers separate utility meters for all units, with tenants paying their own utilities. A relaxing rear patio area provides shared outdoor space.
The property includes spacious gated parking with 7 on-site spots, plus additional street parking. Its location is minutes from the University of Houston and the Downtown area.
The property includes spacious gated parking with 7 on-site spots, plus additional street parking. Its location is minutes from the University of Houston and the Downtown area.
Key Highlights
- 5‑unit apartment property with 10 beds
- 3,072‑square‑foot property at 3522 Sampson St, Houston, TX
- Fully furnished units with fully executed leases
Financial Insights For Apartment 5plus
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 | $67.5k | $21.96 |
| − Vacancy | −$4.2k | −$1.36 |
| EGI | $63.3k | $20.60 |
| − OpEx | −$28.5k | −$9.27 |
| NOI | $34.8k | $11.33 |
3,072 SF · lease $21.96/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$497.2K
$435.0K – $580.1K
NOI $34,803 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$789.9K
$691.2K – $921.6K
NOI $55,296 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,324
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully furnished units with separate utility meters, gated on-site parking, and a rear patio area.
Where is this apartment building located?
The property is located at 3522 Sampson St Houston, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 5‑unit apartment property with 10 beds; 3,072‑square‑foot property at 3522 Sampson St, Houston, TX; Fully furnished units with fully executed leases
