Four-Unit
For Sale
$675,000
4-1826 Rosedale St, Houston, TX 77006
Two buildings provide separate entries, individually metered utilities, and assigned parking near Houston’s Museum District.
Property Size4,630 SF
Price / SF$145.79
Days on Market51
Property Features for 4-1826 Rosedale St
General Information
Standard status
Active
Size
4,630 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Museum Park
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 1BR, 2 x 2BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$13,722
Amenities
private entry
Building Details
Buildings
2
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
David Outlaw
(832) 501-3227
Source:
Exprealty
Added: Sep 5
Changed: Oct 17
Last Checked: Oct 24 at 11:30PM
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 Real Broker, LLC
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 4630 SF quadplex consists of two separate buildings with four residential units. The garage building contains two one-bedroom apartments, while the two-story brick duplex includes two residences with two bedrooms and one bathroom each. Every unit has its own entrance, individual electric and gas metering, and assigned parking. The layout supports both short-term and conventional rental strategies.
The property is positioned in Houston’s Museum District, with proximity to Downtown Houston, the Texas Medical Center, Hermann Park, the Houston Zoo, Midtown, EaDo, Rice University, the University of Houston, and Texas Southern University. METRORail and regional routes including TX 288, I 45, and I 69 provide access to surrounding employment, education, cultural, and medical destinations.
The property is positioned in Houston’s Museum District, with proximity to Downtown Houston, the Texas Medical Center, Hermann Park, the Houston Zoo, Midtown, EaDo, Rice University, the University of Houston, and Texas Southern University. METRORail and regional routes including TX 288, I 45, and I 69 provide access to surrounding employment, education, cultural, and medical destinations.
Key Highlights
- 4630 SF four‑unit property in Houston’s Museum District
- Two one‑bedroom units located above the garage
- Two‑story brick duplex with two two‑bedroom, one‑bath residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,642
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,212,840
$1.2M
Cap Rate 7%
$866,314
$866.3K
Cap Rate 9%
$673,800
$673.8K
Market Conditions
NOI Build-Up for 4,630 SF
Gross rent
$91.7K $19.80/SF
− Vacancy
−$5.0K −$1.09/SF
EGI
$86.6K $18.71/SF
− OpEx
−$26.0K −$5.61/SF
NOI
$60.6K $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%
$1,212,840
Cap Rate 7%
$866,314
Cap Rate 9%
$673,800
Alternative Uses
Best Use
Multifamily LT 5
$866.3K
$758.0K – $1.01M
NOI $60,642 @ 7.0% cap · market cap 8.98%
Second Best
Apartment 5plus
$749.3K
$655.7K – $874.2K
NOI $52,454 @ 7.0% cap · market cap 7.77%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,340 @ 7.0% cap · market cap 12.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,991
Businesses Nearby
Explore this area
Business Placement
Demographics for 77006, TX
24,129
Population
16,654
Households
1.4
Avg Household Size
36
Median Age
80%
College-Educated
98%
High-School Grad
2.3 sq mi
ZIP Area
10,491
Density / Sq Mi
$102,003
Median Household Income
$73,275
Median Earnings
$1,761
Median Rent
$599,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Two buildings provide separate entries, individually metered utilities, and assigned parking near Houston’s Museum District.
Where is this quadplex located?
The property is located at 4-1826 Rosedale 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: 4630 SF four‑unit property in Houston’s Museum District; Two one‑bedroom units located above the garage; Two‑story brick duplex with two two‑bedroom, one‑bath residences
