Four-Unit Quadplex with Mixed
For Sale
$649,000
4311 Jack Street, Houston, TX 77006
Four occupied residences offer one-bedroom layouts, shared laundry, and short-term lease arrangements.
Property Size2,304 SF
Days on Market45
Property Features for 4311 Jack Street
General Information
Standard status
Active
Size
2,304 SF
Property subtype
Multi Family,Quadruplex
Occupancy
100%
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$10,916
Amenities
shared washer/dryer
Building Details
Building Size
2,304 SF
Year Built
1930
Listing Agency:
Compass RE Texas, LLC - Houston
Listed By:
Marnie Greenwood · License #0620007
(713) 416-8402
Source:
Nancyalmodovar
Added: Sep 3
Changed: Oct 10
Last Checked: Oct 16 at 3:39PM
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 Compass RE Texas, LLC - Houston
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Investment Insights
Based on property information with market context.
This 1930-built quadplex contains four separate residences arranged as a front duplex, a garage apartment, and a smaller bungalow at the rear. Each unit includes one bedroom and one bathroom, while the property shares a washer and dryer located in the garage. All residences are occupied under short-term leases, and the property is offered in as-is condition.
Located at 4311 Jack St in Houston’s Museum District, the property is near downtown, the Med Center, and area restaurants. Walk Score is 90, with a Transit Score of 59 and Bike Score of 74, providing documented access to walking, transit, and bicycle-oriented mobility.
Located at 4311 Jack St in Houston’s Museum District, the property is near downtown, the Med Center, and area restaurants. Walk Score is 90, with a Transit Score of 59 and Bike Score of 74, providing documented access to walking, transit, and bicycle-oriented mobility.
Key Highlights
- Four‑unit configuration includes a front duplex, garage apartment, and rear bungalow
- Each residence has 1 bed and 1 bathroom
- Shared washer and dryer located in the garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,177
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$603,540
$603.5K
Cap Rate 7%
$431,100
$431.1K
Cap Rate 9%
$335,300
$335.3K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$45.6K $19.80/SF
− Vacancy
−$2.5K −$1.09/SF
EGI
$43.1K $18.71/SF
− OpEx
−$12.9K −$5.61/SF
NOI
$30.2K $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%
$603,540
Cap Rate 7%
$431,100
Cap Rate 9%
$335,300
Alternative Uses
Best Use
Multifamily LT 5
$431.1K
$377.2K – $503.0K
NOI $30,177 @ 7.0% cap · market cap 4.65%
Second Best
Apartment 5plus
$372.9K
$326.3K – $435.0K
NOI $26,102 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$592.5K
$518.4K – $691.2K
NOI $41,472 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,033
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied residences offer one-bedroom layouts, shared laundry, and short-term lease arrangements.
Where is this quadplex located?
The property is located at 4311 Jack Street Houston, TX.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Four‑unit configuration includes a front duplex, garage apartment, and rear bungalow; Each residence has 1 bed and 1 bathroom; Shared washer and dryer located in the garage
