Apartment Property With Detached
For Sale
$649,990
4630 Woodside Street, Houston, TX 77023
Five-plex apartment property with an additional detached unit, updated interiors, stainless steel appliances, and shared outdoor space.
Property Size3,341 SF
Days on Market91
Property Features for 4630 Woodside Street
General Information
Standard status
Active
Size
3,341 SF
Property subtype
Multi Family,5 Plus
Additional Details
Public Transit
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$8,117
Amenities
stainless steel appliances
shared outdoor space
Building Details
Building Size
3,341 SF
Year Built
1940
Buildings
2
Listing Agency:
Eastwood Realty
(626) 826-5906
Listed By:
Loren Miner · License #688074
(626) 826-5906
Source:
Greenwoodking
Added: May 7
Changed: Aug 4
Last Checked: Aug 5 at 4:12AM
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 Eastwood Realty
Investment Insights
Based on property information with market context.
Built in 1940, this apartment property includes a five-plex and a separate detached unit. Interior updates include stainless steel appliances, while shared outdoor space provides an additional common-area feature.
The property is located on Woodside Street in Houston’s East End, near MetroRail, dining, entertainment, and Downtown Houston.
The property is located on Woodside Street in Houston’s East End, near MetroRail, dining, entertainment, and Downtown Houston.
Key Highlights
- Five‑plex configuration with an additional detached unit
- Updated interiors with stainless steel appliances
- Shared outdoor space
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.4k | $21.96 |
| − Vacancy | −$4.5k | −$1.36 |
| EGI | $68.8k | $20.60 |
| − OpEx | −$31.0k | −$9.27 |
| NOI | $37.9k | $11.33 |
3,341 SF · lease $21.96/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$540.7K
$473.1K – $630.9K
NOI $37,851 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$859.1K
$751.7K – $1.00M
NOI $60,138 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
962
Businesses Nearby
Explore this area
Business Placement
Demographics for 77023, TX
26,780
Population
11,850
Households
2.3
Avg Household Size
36
Median Age
24%
College-Educated
75%
High-School Grad
5.5 sq mi
ZIP Area
4,869
Density / Sq Mi
$50,018
Median Household Income
$35,730
Median Earnings
$1,079
Median Rent
$279,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-plex apartment property with an additional detached unit, updated interiors, stainless steel appliances, and shared outdoor space.
Where is this apartment building located?
The property is located at 4630 Woodside Street Houston, TX.
What is the asking price?
The asking price for this property is $649,990.
What are key features of this property?
This property features: Five‑plex configuration with an additional detached unit; Updated interiors with stainless steel appliances; Shared outdoor space
