Two-Unit Duplex with Covered
4618 & 4620 W Orange Street, Pearland, TX 77581
For Sale
$368,000
Mirrored residences each offer two upstairs bedrooms, private outdoor space, and separate utilities.
Property Size2,832 SF
Price / SF$129.94
Days on Market150
Property Features for 4618 & 4620 W Orange Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
private fenced backyard
covered patios
Building Details
Building Size
Year Built
Buildings
Listing Agency:
UTR TEXAS, REALTORS
Listed By:
Stephanie Bateman
(713) 383-8672
Source:
Bethwolff
Added: Jun 13
Changed: Nov 8
Last Checked: Nov 8 at 4:51PM
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 UTR TEXAS, REALTORS
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 2,832-square-foot duplex, built in 1978, contains two mirrored units. Each has two upstairs bedrooms and 1.5 baths, including a Hollywood-style bath with two vanities and access from the primary bedroom and hallway. Both residences have private fenced backyards, covered patios, extended driveways, and separate utilities. Owner-reported updates include flooring, appliances, the roof, foundation, landscaping, and exterior paint.
The property has a rental history and is zoned to Pearland ISD. A neighboring duplex is also for sale.
The property has a rental history and is zoned to Pearland ISD. A neighboring duplex is also for sale.
Key Highlights
- Two mirrored units, each with 2 bedrooms and 1.5 baths
- 2,832 square feet; built in 1978
- Upstairs Hollywood bath in each unit has two vanities and access from the primary bedroom and hallway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,750
Cap Rate
8.90%
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 9.97%
Second Best
Apartment 5plus
$467.9K
$409.4K – $545.8K
NOI $32,750 @ 7.0% cap · market cap 8.90%
Theoretical Best
Warehouse
$553.5K
$484.3K – $645.7K
NOI $38,744 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
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
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?
Duplex - Mirrored residences each offer two upstairs bedrooms, private outdoor space, and separate utilities.
Where is this duplex located?
The property is located at 4618 & 4620 W Orange Street Pearland, TX.
What is the asking price?
The asking price for this property is $368,000.
What are key features of this property?
This property features: Two mirrored units, each with 2 bedrooms and 1.5 baths; 2,832 square feet; built in 1978; Upstairs Hollywood bath in each unit has two vanities and access from the primary bedroom and hallway
