Two-Story Duplex with Modern
4010 Elmwood St A-B, Houston, TX 77051
For Sale
New
$489,900
Each residence has three bedrooms, two and a half bathrooms, and an open living area connected to a contemporary kitchen.
Property Size2,550 SF
Days on Market1
Property Features for 4010 Elmwood St A-B
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Brooks & Davis Real Estate
Listed By:
Andre Beraud · License TX #0667248
(832) 524-4526
Source:
Elliman
Added: Nov 10
Last Checked: Nov 10 at 2:14PM
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 Brooks & Davis Real Estate
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Investment Insights
Based on property information with market context.
Built in 2026, this two-story duplex is arranged as two residences, each with three bedrooms and two and a half bathrooms. Open main living areas connect with kitchens featuring quartz counters, two-tone cabinetry, stainless steel appliances, matte black hardware, and center islands. Light wood-look flooring, designer fixtures, and large windows complete the interiors.
The property is in Sunnyside, with access to Highway 288 and Interstate 610. The Texas Medical Center, Downtown Houston, and NRG Stadium are also identified among the nearby destinations.
The property is in Sunnyside, with access to Highway 288 and Interstate 610. The Texas Medical Center, Downtown Houston, and NRG Stadium are also identified among the nearby destinations.
Key Highlights
- Two‑story duplex completed in 2026
- Each side includes 3 bedrooms and 2.5 bathrooms
- Open living area and kitchen with quartz countertops and center island
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,399
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$667,980
$668.0K
Cap Rate 7%
$477,129
$477.1K
Cap Rate 9%
$371,100
$371.1K
Market Conditions
NOI Build-Up for 2,550 SF
Gross rent
$50.5K $19.80/SF
− Vacancy
−$2.8K −$1.09/SF
EGI
$47.7K $18.71/SF
− OpEx
−$14.3K −$5.61/SF
NOI
$33.4K $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%
$667,980
Cap Rate 7%
$477,129
Cap Rate 9%
$371,100
Alternative Uses
Best Use
Multifamily LT 5
$477.1K
$417.5K – $556.7K
NOI $33,399 @ 7.0% cap · market cap 6.82%
Second Best
Apartment 5plus
$412.7K
$361.1K – $481.5K
NOI $28,889 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$655.7K
$573.8K – $765.0K
NOI $45,900 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Explore this area
Business Placement
Demographics for 77051, TX
18,323
Population
7,453
Households
2.5
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
7.4 sq mi
ZIP Area
2,476
Density / Sq Mi
$40,030
Median Household Income
$31,914
Median Earnings
$1,332
Median Rent
$171,900
Median Home Value
Market
Average Price Trend$/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 - Each residence has three bedrooms, two and a half bathrooms, and an open living area connected to a contemporary kitchen.
Where is this duplex located?
The property is located at 4010 Elmwood St A-B Houston, TX.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Two‑story duplex completed in 2026; Each side includes 3 bedrooms and 2.5 bathrooms; Open living area and kitchen with quartz countertops and center island
