Contemporary Houston
For Sale
$519,000
4502 Aledo Street A/B, Houston, TX 77051
Newly built duplex with two separately accessed residences and modern interior finishes.
Property Size2,678 SF
Price / SF$193.80
Days on Market151
Property Features for 4502 Aledo Street A/B
General Information
Standard status
Active
Size
2,678 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,201
Amenities
Engineered Hardwood,Tile,Carpet,Hardwood
Yes
2
3
Washer Hookup,Dryer Hookup
Appraiser
Fireplace,Quartz Counters,Ceiling Fan(s)
5200
Two
Electric Gate
2678
Building Details
Building Size
2,678 SF
Year Built
2026
Buildings
1
Stories
2
Listing Agency:
Camelot Realty Group
(281) 486-1900
Listed By:
Bulent Diker
(832) 847-0011
Source:
Garygreene
Added: May 12
Changed: Oct 7
Last Checked: Oct 7 at 10:53AM
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 Camelot Realty Group
Investment Insights
Based on property information with market context.
Completed in 2026, this Houston duplex contains two distinct residences within one property. Each side offers three bedrooms, two-and-a-half baths, a private entrance, and an open living arrangement. Contemporary interiors include stainless-steel kitchen appliances, substantial cabinetry, islands, fireplaces, and finished flooring.
The property is positioned near the Texas Medical Center, Downtown Houston, and other major Houston destinations. Separate living areas provide flexibility for an owner-occupant arrangement, rental use, or households seeking independent spaces within the same building. The address is 4502 Aledo St A/B, Houston, TX 77051.
The property is positioned near the Texas Medical Center, Downtown Houston, and other major Houston destinations. Separate living areas provide flexibility for an owner-occupant arrangement, rental use, or households seeking independent spaces within the same building. The address is 4502 Aledo St A/B, Houston, TX 77051.
Key Highlights
- Two‑residence duplex completed in 2026
- Each unit includes 3 bedrooms and 2.5 baths
- Private entrances and open‑concept living areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,076
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$701,520
$701.5K
Cap Rate 7%
$501,086
$501.1K
Cap Rate 9%
$389,733
$389.7K
Market Conditions
NOI Build-Up for 2,678 SF
Gross rent
$53.0K $19.80/SF
− Vacancy
−$2.9K −$1.09/SF
EGI
$50.1K $18.71/SF
− OpEx
−$15.0K −$5.61/SF
NOI
$35.1K $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%
$701,520
Cap Rate 7%
$501,086
Cap Rate 9%
$389,733
Alternative Uses
Best Use
Multifamily LT 5
$501.1K
$438.5K – $584.6K
NOI $35,076 @ 7.0% cap · market cap 6.76%
Second Best
Apartment 5plus
$433.4K
$379.3K – $505.7K
NOI $30,340 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$688.6K
$602.6K – $803.4K
NOI $48,204 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
480
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Newly built duplex with two separately accessed residences and modern interior finishes.
Where is this duplex located?
The property is located at 4502 Aledo Street A/B Houston, TX.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Two‑residence duplex completed in 2026; Each unit includes 3 bedrooms and 2.5 baths; Private entrances and open‑concept living areas
