Updated Duplex with Covered
For Sale
$365,000
4614 & 4616 W Orange Street, Pearland, TX 77581
Mirrored units offer private outdoor space, separate utilities, and extended driveways for resident and guest parking.
Property Size2,832 SF
Price / SF$128.88
Days on Market58
Property Features for 4614 & 4616 W Orange Street
General Information
Standard status
Active
Size
2,832 SF
Property subtype
Multi-Family
Taxes and HOA fees
Annual Taxes
$3,912
Amenities
Laminate,Tile,Vinyl,Carpet
Yes
2
Window Coverings
Common Area,Washer Hookup,Dryer Hookup
Appraiser
Fireplace,Window Treatments,Ceiling Fan(s)
Partial
Other,Subdivision
7350
More than Two
80x100
Paved
Private Entrance
2832
Building Details
Building Size
2,832 SF
Year Built
1978
Stories
2
Listing Agency:
RE/MAX ONE - Premier
(281) 646-1136
Listed By:
Duane Stewart
(832) 917-9119
Source:
Garygreene
Added: Aug 11
Changed: Oct 7
Last Checked: Oct 7 at 10:22AM
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 ONE - Premier
Investment Insights
Based on property information with market context.
Built in 1978, this duplex contains two mirrored units with two bedrooms upstairs and 1.5 baths per side. Each residence includes a Hollywood bath shared by the primary bedroom and hallway, with two vanities. Private fenced backyards, covered patios, and extended driveways serve both units, providing outdoor space and parking for residents and guests.
Each side has separate utilities, and the property has no HOA. Recent owner-reported improvements include flooring, appliances, and the roof. The units have an established rental history, with 4616 currently leased. The property is located in Pearland, is zoned to Pearland ISD, and is near commuting roadways. The neighboring duplex at 4614 & 4616 W Orange St is also offered for sale and may be purchased together as a fourplex.
Each side has separate utilities, and the property has no HOA. Recent owner-reported improvements include flooring, appliances, and the roof. The units have an established rental history, with 4616 currently leased. The property is located in Pearland, is zoned to Pearland ISD, and is near commuting roadways. The neighboring duplex at 4614 & 4616 W Orange St is also offered for sale and may be purchased together as a fourplex.
Key Highlights
- Two mirrored units with two bedrooms and 1.5 baths per side
- Hollywood bath in each unit with two vanities
- Private fenced backyards and covered patios for both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,750
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,000
$655.0K
Cap Rate 7%
$467,857
$467.9K
Cap Rate 9%
$363,889
$363.9K
Market Conditions
NOI Build-Up for 2,832 SF
Gross rent
$63.9K $22.56/SF
− Vacancy
−$4.3K −$1.53/SF
EGI
$59.5K $21.03/SF
− OpEx
−$26.8K −$9.46/SF
NOI
$32.7K $11.56/SF
Area
Pearland, TX
Vacancy
6.80%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,000
Cap Rate 7%
$467,857
Cap Rate 9%
$363,889
Alternative Uses
Best Use
Multifamily LT 5
$524.3K
$458.8K – $611.7K
NOI $36,700 @ 7.0% cap · market cap 10.05%
Second Best
Apartment 5plus
$467.9K
$409.4K – $545.8K
NOI $32,750 @ 7.0% cap · market cap 8.97%
Theoretical Best
Warehouse
$553.5K
$484.3K – $645.7K
NOI $38,744 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
951
Businesses Nearby
Explore this area
Business Placement
Demographics for 77581, TX
49,198
Population
18,285
Households
2.7
Avg Household Size
38
Median Age
36%
College-Educated
94%
High-School Grad
24.6 sq mi
ZIP Area
2,000
Density / Sq Mi
$106,556
Median Household Income
$62,887
Median Earnings
$1,591
Median Rent
$309,100
Median Home Value
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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 - Mirrored units offer private outdoor space, separate utilities, and extended driveways for resident and guest parking.
Where is this duplex located?
The property is located at 4614 & 4616 W Orange Street Pearland, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Two mirrored units with two bedrooms and 1.5 baths per side; Hollywood bath in each unit with two vanities; Private fenced backyards and covered patios for both residences
