Renovated Two-Unit
3735 Mainer Street, Houston, TX 77021
For Sale
$455,000
Two three-bedroom residences feature open layouts, updated building systems, and quartz countertops.
Property Size2,280 SF
Price / SF$199.56
Days on Market210
Property Features for 3735 Mainer Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Keller Williams Realty Southwest
Listed By:
Wykila Green
(713) 497-4958
Source:
Skwrealty
Added: Apr 15
Changed: Nov 8
Last Checked: Nov 10 at 7:50PM
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 Keller Williams Realty Southwest
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two residences, each with three bedrooms, two bathrooms, and 1,100 square feet of open-plan living space. A 600-square-foot expansion is part of the property. Interior finishes include quartz countertops and luxury vinyl plank flooring, while updates to the PEX plumbing, electrical, and HVAC systems provide modernized building infrastructure. The property was built in 1970.
The duplex is 2 miles from NRG Stadium and 3 miles from the Medical Center. Its configuration combines two separate residential units within one property.
The duplex is 2 miles from NRG Stadium and 3 miles from the Medical Center. Its configuration combines two separate residential units within one property.
Key Highlights
- Two units, each with 3 bedrooms and 2 bathrooms
- Each residence offers 1,100 square feet of open‑concept living
- 600‑square‑foot expansion
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,863
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,260
$597.3K
Cap Rate 7%
$426,614
$426.6K
Cap Rate 9%
$331,811
$331.8K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$45.1K $19.80/SF
− Vacancy
−$2.5K −$1.09/SF
EGI
$42.7K $18.71/SF
− OpEx
−$12.8K −$5.61/SF
NOI
$29.9K $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%
$597,260
Cap Rate 7%
$426,614
Cap Rate 9%
$331,811
Alternative Uses
Best Use
Multifamily LT 5
$426.6K
$373.3K – $497.7K
NOI $29,863 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$369.0K
$322.9K – $430.5K
NOI $25,830 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$586.3K
$513.0K – $684.0K
NOI $41,040 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Explore this area
Business Placement
Demographics for 77021, TX
28,055
Population
12,819
Households
2.2
Avg Household Size
36
Median Age
34%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,599
Density / Sq Mi
$45,034
Median Household Income
$38,041
Median Earnings
$1,193
Median Rent
$203,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - Two three-bedroom residences feature open layouts, updated building systems, and quartz countertops.
Where is this duplex located?
The property is located at 3735 Mainer Street Houston, TX.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; Each residence offers 1,100 square feet of open‑concept living; 600‑square‑foot expansion
