Detached Duplex with Fenced
For Sale
$250,000
3900 Tuam Street, Houston, TX 77004
Two separate single-story homes provide flexible residential income use with private outdoor areas and driveway parking.
Property Size770 SF
Days on Market179
Property Features for 3900 Tuam Street
General Information
Standard status
Active
Size
770 SF
Property subtype
Multi Family,Multiple Detached Dwellings
Site & Location
Neighborhood
Greater Third Ward
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,077
Amenities
covered entries
driveway parking
fenced yard areas
Building Details
Building Size
770 SF
Year Built
1958
Buildings
2
Stories
1
Construction
brick
Listing Agency:
Keller Williams Signature
Listed By:
Michael Flores · License #0627210
(713) 903-2220
Source:
Livingvoguerealestate
Added: May 1
Changed: Oct 25
Last Checked: Oct 25 at 2:35AM
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 Signature
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Investment Insights
Based on property information with market context.
Built in 1958, this duplex consists of two detached, single-level residences positioned side by side on one shared lot. Each home includes an open living and dining arrangement, wood-look flooring, neutral paint, and ample natural light. The kitchens provide cabinet storage and dedicated dining areas, while the bedrooms connect to full bathrooms with tub-and-shower combinations.
Both residences feature brick exteriors, covered front entries, driveway parking, fenced yard areas, and side access. The property is tenant occupied under month-to-month agreements. Its location at 3900 Tuam St in Houston places the homes near neighborhood amenities, shopping, dining, and major roadways.
Both residences feature brick exteriors, covered front entries, driveway parking, fenced yard areas, and side access. The property is tenant occupied under month-to-month agreements. Its location at 3900 Tuam St in Houston places the homes near neighborhood amenities, shopping, dining, and major roadways.
Key Highlights
- Two detached single‑story residences on one shared lot
- Tenant occupied with month‑to‑month agreements
- Built in 1958
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,085
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,700
$201.7K
Cap Rate 7%
$144,071
$144.1K
Cap Rate 9%
$112,056
$112.1K
Market Conditions
NOI Build-Up for 770 SF
Gross rent
$15.2K $19.80/SF
− Vacancy
−$839 −$1.09/SF
EGI
$14.4K $18.71/SF
− OpEx
−$4.3K −$5.61/SF
NOI
$10.1K $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%
$201,700
Cap Rate 7%
$144,071
Cap Rate 9%
$112,056
Alternative Uses
Best Use
Multifamily LT 5
$144.1K
$126.1K – $168.1K
NOI $10,085 @ 7.0% cap · market cap 4.03%
Second Best
Apartment 5plus
$124.6K
$109.0K – $145.4K
NOI $8,723 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$198.0K
$173.3K – $231.0K
NOI $13,860 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
801
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 - Two separate single-story homes provide flexible residential income use with private outdoor areas and driveway parking.
Where is this duplex located?
The property is located at 3900 Tuam Street Houston, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two detached single‑story residences on one shared lot; Tenant occupied with month‑to‑month agreements; Built in 1958
