Occupied 4-Unit
For Sale
$649,900
4315 La Branch St, Houston, TX 77004
Four occupied residences with gated access near Midtown dining, nightlife, and coffee shops.
Property Size2,620 SF
Days on Market85
Property Features for 4315 La Branch St
General Information
Standard status
Active
Size
2,620 SF
Property subtype
Office
Occupancy
100%
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Amenities
remote-controlled gate
Building Details
Building Size
2,620 SF
Units
4
Listing Agency:
Coldwell Banker Universal
Listed By:
Arnold Garza · License #513669
(832) 760-1733
Source:
Commercialcafe
Added: Jul 26
Changed: Oct 10
Last Checked: Oct 16 at 6:01AM
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 Coldwell Banker Universal
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 quadplex contains four occupied residential units, each configured with one bedroom and one bathroom. A remote-controlled gate provides controlled access to the property.
The property is within walking distance of Midtown restaurants, bars, and coffee shops, placing everyday dining and entertainment nearby.
The property is within walking distance of Midtown restaurants, bars, and coffee shops, placing everyday dining and entertainment nearby.
Key Highlights
- Four fully occupied units
- Each residence includes 1 bedroom and 1 bath
- Remote‑controlled gate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,316
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$686,320
$686.3K
Cap Rate 7%
$490,229
$490.2K
Cap Rate 9%
$381,289
$381.3K
Market Conditions
NOI Build-Up for 2,620 SF
Gross rent
$51.9K $19.80/SF
− Vacancy
−$2.9K −$1.09/SF
EGI
$49.0K $18.71/SF
− OpEx
−$14.7K −$5.61/SF
NOI
$34.3K $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%
$686,320
Cap Rate 7%
$490,229
Cap Rate 9%
$381,289
Alternative Uses
Best Use
Multifamily LT 5
$490.2K
$429.0K – $571.9K
NOI $34,316 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$424.0K
$371.0K – $494.7K
NOI $29,682 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$673.7K
$589.5K – $786.0K
NOI $47,160 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,459
Businesses Nearby
Explore this area
Business Placement
Demographics for 77004, TX
37,005
Population
18,321
Households
2
Avg Household Size
31
Median Age
57%
College-Educated
96%
High-School Grad
5.2 sq mi
ZIP Area
7,116
Density / Sq Mi
$65,901
Median Household Income
$55,909
Median Earnings
$1,320
Median Rent
$384,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied residences with gated access near Midtown dining, nightlife, and coffee shops.
Where is this quadplex located?
The property is located at 4315 La Branch St Houston, TX.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Four fully occupied units; Each residence includes 1 bedroom and 1 bath; Remote‑controlled gate
