Multifamily
4114 Bell Street, Houston, TX 77023
For Sale
$375,000
Located on Bell Street, the property is accessible from I-45 South via Cullen Boulevard.
Property Size1,224 SF
Price / SF$306.37
Days on Market72
Property Features for 4114 Bell Street
General Information
Standard status
Size
Property subtype
Lease Term
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Amenities
Other
Building Details
Building Size
Year Built
Stories
Listing Agency:
Texas Signature Realty
Listed By:
Maria Garcia
(713) 471-3208
Source:
Evrealestate
Added: Sep 3
Changed: Nov 12
Last Checked: Nov 12 at 7:39AM
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 Texas Signature Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property was built in 1929 and is located at 4114 Bell Street in Houston, Texas. Access is available from I-45 South using the Cullen Boulevard exit, with Bell Street providing the final approach.
Key Highlights
- Built in 1929
- Located at 4114 Bell Street in Houston
- Access from I‑45 South via Cullen Boulevard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,867
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,340
$277.3K
Cap Rate 7%
$198,100
$198.1K
Cap Rate 9%
$154,078
$154.1K
Market Conditions
NOI Build-Up for 1,224 SF
Gross rent
$26.9K $21.96/SF
− Vacancy
−$1.7K −$1.36/SF
EGI
$25.2K $20.60/SF
− OpEx
−$11.3K −$9.27/SF
NOI
$13.9K $11.33/SF
Area
Houston, TX
Vacancy
6.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,340
Cap Rate 7%
$198,100
Cap Rate 9%
$154,078
Alternative Uses
Best Use
Apartment 5plus
$198.1K
$173.3K – $231.1K
NOI $13,867 @ 7.0% cap · market cap 3.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$314.7K
$275.4K – $367.2K
NOI $22,032 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
913
Businesses Nearby
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Business Placement
Demographics for 77023, TX
26,780
Population
11,850
Households
2.3
Avg Household Size
36
Median Age
24%
College-Educated
75%
High-School Grad
5.5 sq mi
ZIP Area
4,869
Density / Sq Mi
$50,018
Median Household Income
$35,730
Median Earnings
$1,079
Median Rent
$279,300
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Houston, TX
Properties on Market for Multifamily properties in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Located on Bell Street, the property is accessible from I-45 South via Cullen Boulevard.
Where is this multifamily property located?
The property is located at 4114 Bell Street Houston, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Built in 1929; Located at 4114 Bell Street in Houston; Access from I‑45 South via Cullen Boulevard
