Leased Duplex with Private
New
For Sale
$274,900
3909 Olive Street, Bryan, TX 77801
MULTI_FAMILY - Bryan, TX
Property Size1,722 SF
Lot Size0.14 Acres
Price / SF$159.64
Days on Market3
Property Features for 3909 Olive Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
B01
Subdivision
Woodson Hills
Elementary school district
Bryan
Middle school district
Bryan
High school district
Bryan
Directions
From Welborn Rd turn East on Old College Rd, turn left on Olive St Go to second block of Olive, brick Duplex on right.
Standard status
Active
APN
3909 Olive B01
Size
1,722 SF
Lot size
0.14 Acres
Utilities
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Central Air, Electric
Amenities
washer/dryer connections
covered back patios
private backyard areas
Building Details
Year built
1976
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Roof type
Composition, Shingle
Listing Agency:
RE/MAX 2020 · RE/MAX International
(979) 383-2020
Listed By:
Chelsie Breaux · License #544295
(979) 255-8637
Added: Jul 28
Changed: Jul 30
Last Checked: Jul 30 at 8:06PM
MLS# 26009604
Copyright © 2026 Bryan-College Station Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained duplex offers two income-producing units. Both units are currently leased, with washer/dryer connections and covered back patios, along with spacious private backyard areas. Recent updates include fresh interior paint in one unit and a full plumbing replacement in both units in April 2026. Major system improvements include HVAC and water heater replacements completed in recent years.
The property is located at 3909 Olive Street in Bryan, Texas, in Brazos County. Zoning is listed as B01.
One unit is on a month-to-month lease, while the other is leased through April 2027, providing a mix of flexibility and longer-term rental stability.
The property is located at 3909 Olive Street in Bryan, Texas, in Brazos County. Zoning is listed as B01.
One unit is on a month-to-month lease, while the other is leased through April 2027, providing a mix of flexibility and longer-term rental stability.
Key Highlights
- Duplex with 2 leased units: one at $900/month on a month‑to‑month lease and the other at $900/month through April 2027
- Fresh interior paint in one unit and full plumbing replacement in both units (April 2026)
- Each unit includes washer/dryer connections, plus covered back patios and spacious private backyard areas
Financial Insights For Multifamily LT 5
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 | $27.9k | $16.20 |
| − Vacancy | −$1.5k | −$0.84 |
| EGI | $26.4k | $15.36 |
| − OpEx | −$7.9k | −$4.61 |
| NOI | $18.5k | $10.75 |
1,722 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$264.5K
$231.4K – $308.5K
NOI $18,512 @ 7.0% cap · market cap 6.73%
Second Best
Apartment 5plus
$236.0K
$206.5K – $275.3K
NOI $16,519 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$424.0K
$371.0K – $494.7K
NOI $29,682 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Explore this area
Business Placement
Demographics for 77801, TX
15,097
Population
7,221
Households
2.1
Avg Household Size
27
Median Age
23%
College-Educated
81%
High-School Grad
3.1 sq mi
ZIP Area
4,870
Density / Sq Mi
$35,575
Median Household Income
$24,587
Median Earnings
$998
Median Rent
$172,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with two leased units, each with washer/dryer connections and covered back patios.
Where is this duplex located?
The property is located at 3909 Olive Street Bryan, TX.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Duplex with 2 leased units: one at $900/month on a month‑to‑month lease and the other at $900/month through April 2027; Fresh interior paint in one unit and full plumbing replacement in both units (April 2026); Each unit includes washer/dryer connections, plus covered back patios and spacious private backyard areas
