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Two-Unit Duplex with Separate Meters
For Sale
$255,000

373 San Eugenio, Brownsville, TX 78521

Each residence includes designated parking, a refrigerator, and a stove.

Property Size1,918 SF
Price / SF$132.95
Days on Market76

Property Features for 373 San Eugenio

General Information

Standard status Active
Size 1,918 SF
Property subtype Multi-Family
Occupancy 100%

Financials

Gross Income $22,800
Average Monthly Rent $950

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Building Details

Year Built 1995
Listing Agency: Zavaleta Realty, LLC
Listed By: Bruno Zavaleta · License #296559_561
Source: Accessrealtyrgv
Added: Aug 5 Changed: Oct 13 Last Checked: Oct 7 at 4:56PM

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 Zavaleta Realty, LLC

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Investment Insights

Based on property information with market context.

This 1918-square-foot duplex was built in 1995 and contains two residences, each with two bedrooms and one bathroom. Both sides include designated parking, and the sale includes a refrigerator and stove for each unit. Separate water and electric meters serve the residences individually, supporting straightforward utility administration. The roof was replaced approximately two years ago.

Both units are currently rented. The property is located at 373 San Eugenio in Brownsville, Texas, with a residential income configuration suited to continued rental use.

Key Highlights

  • 1918 SF duplex with two bedrooms and one bathroom on each side
  • Separate water and electric meters serve each unit
  • Designated parking provided for both residences

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,824
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,480 $316.5K
Cap Rate 7%
$226,057 $226.1K
Cap Rate 9%
$175,822 $175.8K
Market Conditions
NOI Build-Up for 1,918 SF
Gross rent
$24.2K $12.60/SF
− Vacancy
−$1.6K −$0.81/SF
EGI
$22.6K $11.79/SF
− OpEx
−$6.8K −$3.54/SF
NOI
$15.8K $8.25/SF
Area
Brownsville, TX
Vacancy
6.46%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,480
Cap Rate 7%
$226,057
Cap Rate 9%
$175,822

Alternative Uses

Best Use
Multifamily LT 5
$226.1K
$197.8K – $263.7K (±1% cap)
NOI $15,824 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$207.3K
$181.4K – $241.9K (±1% cap)
NOI $14,512 @ 7.0% cap · market cap 5.69%
Theoretical Best
Healthcare Medical
$330.2K
$289.0K – $385.3K (±1% cap)
NOI $23,117 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

194
Businesses Nearby

Demographics for 78521, TX

88,708
Population
29,576
Households
3
Avg Household Size
32
Median Age
15%
College-Educated
62%
High-School Grad
93.7 sq mi
ZIP Area
947
Density / Sq Mi
$41,276
Median Household Income
$24,781
Median Earnings
$864
Median Rent
$90,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence includes designated parking, a refrigerator, and a stove.
Where is this duplex located?
The property is located at 373 San Eugenio Brownsville, TX.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 1918 SF duplex with two bedrooms and one bathroom on each side; Separate water and electric meters serve each unit; Designated parking provided for both residences
More about this property
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