Houston Duplex with
For Sale
$225,000
4412 Orange Street, Houston, TX 77020
Duplex with new roof, windows, and recent paint.
Property Size1,296 SF
Days on Market155
Property Features for 4412 Orange Street
General Information
Standard status
Active
Size
1,296 SF
Property subtype
Multi Family,Duplex
Taxes and HOA fees
Annual Taxes
$2,931
Building Details
Building Size
1,296 SF
Year Built
1936
Listing Agency:
RE/MAX East
Listed By:
Claudine Blackshire · License #440991
(832) 206-7108
Source:
Mpowerrealtygroup
Added: Apr 2
Changed: Aug 23
Last Checked: Sep 1 at 10:41PM
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 RE/MAX East
Investment Insights
Based on property information with market context.
This duplex features two bedrooms and one bathroom on each side. The exterior has been upgraded with a new roof, new windows, and recent paint. One bathroom is unfinished and requires flooring. Both sides have been finished with new drywall. The property is located close to schools and churches, behind a business establishment, and within walking distance to a bus stop. It is also located five minutes from downtown. The bike score is 49, indicating it is somewhat bikeable. The walk score is 37, indicating car dependence, and the transit score is 42, indicating some transit options are available.
Key Highlights
- Upgraded Exterior: New roof, new windows, and recent paint.
- Duplex: Two units, each with 2 bedrooms and 1 bathroom.
- New Drywall: Both sides have been finished with new drywall.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,975
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$339,500
$339.5K
Cap Rate 7%
$242,500
$242.5K
Cap Rate 9%
$188,611
$188.6K
Market Conditions
NOI Build-Up for 1,296 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$25.7K $19.80/SF
− Vacancy
−$1.4K −$1.09/SF
EGI
$24.2K $18.71/SF
− OpEx
−$7.3K −$5.61/SF
NOI
$17.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$339,500
Cap Rate 7%
$242,500
Cap Rate 9%
$188,611
Alternative Uses
Best Use
Multifamily LT 5
$242.5K
$212.2K – $282.9K
NOI $16,975 @ 7.0% cap · market cap 7.54%
Second Best
Apartment 5plus
$209.8K
$183.5K – $244.7K
NOI $14,683 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$333.3K
$291.6K – $388.8K
NOI $23,328 @ 7.0% cap · market cap 10.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
Explore this area
Business Placement
Demographics for 77020, TX
24,846
Population
10,054
Households
2.5
Avg Household Size
35
Median Age
13%
College-Educated
65%
High-School Grad
7.8 sq mi
ZIP Area
3,185
Density / Sq Mi
$49,481
Median Household Income
$32,573
Median Earnings
$942
Median Rent
$133,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with new roof, windows, and recent paint.
Where is this duplex located?
The property is located at 4412 Orange Street Houston, TX.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Upgraded Exterior: New roof, new windows, and recent paint.; Duplex: Two units, each with 2 bedrooms and 1 bathroom.; New Drywall: Both sides have been finished with new drywall.
