Two Duplex Residential Income
For Sale
$219,000
516 N Eastwood St, Houston, TX 77011
Two separately metered duplexes provide four 1-bedroom units across 1,200 total square feet.
Property Size1,200 SF
Price / SF$91.25
Days on Market64
Property Features for 516 N Eastwood St
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Investment
Occupancy
75%
Lease Term
12 months
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$4,778
Building Details
Building Size
1,200 SF
Year Built
1940
Stories
1
Units
1
Tenancy
Multi
Listed By:
Lisa Morales
(713) 240-1227
Source:
Elliman
Added: Jul 1
Changed: Aug 21
Last Checked: Sep 1 at 4:48PM
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 Lisa Morales
Investment Insights
Based on property information with market context.
This offering includes two duplex properties sold together: 516 N Eastwood St and 518 N Eastwood St. Together, the assemblage provides four residential units across two duplex buildings. Each duplex is described as having 1,200 square feet total, with two 600-square-foot units per duplex. Each unit includes 1 bedroom, 1 bathroom, a living area, and a kitchen.
Each duplex is separately metered with two electrical, gas, and water meters, providing operational flexibility for management and billing. The property is described as having three units currently tenant occupied. For due diligence, please do not disturb tenants.
For buyers seeking a residential income setup with multiple units under one purchase, this configuration offers two duplex buildings and the ability to manage each duplex separately based on the metering information provided. The layout supports straightforward unit-by-unit occupancy, with the current mix of tenant-occupied units offering immediate operational continuity at the time of sale.
Each duplex is separately metered with two electrical, gas, and water meters, providing operational flexibility for management and billing. The property is described as having three units currently tenant occupied. For due diligence, please do not disturb tenants.
For buyers seeking a residential income setup with multiple units under one purchase, this configuration offers two duplex buildings and the ability to manage each duplex separately based on the metering information provided. The layout supports straightforward unit-by-unit occupancy, with the current mix of tenant-occupied units offering immediate operational continuity at the time of sale.
Key Highlights
- Two duplexes sold together (516 & 518 N. Eastwood) with four total 1‑bedroom, 1‑bath units
- Each duplex offers 1,200 SF total, split into two 600 SF units
- Three of the four units are tenant occupied and generating income
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
698
Businesses Nearby
Explore this area
Business Placement
Demographics for 77011, TX
16,841
Population
7,366
Households
2.3
Avg Household Size
37
Median Age
10%
College-Educated
59%
High-School Grad
3.4 sq mi
ZIP Area
4,953
Density / Sq Mi
$49,163
Median Household Income
$36,517
Median Earnings
$1,063
Median Rent
$187,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered duplexes provide four 1-bedroom units across 1,200 total square feet.
Where is this duplex located?
The property is located at 516 N Eastwood St Houston, TX.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Two duplexes sold together (516 & 518 N. Eastwood) with four total 1‑bedroom, 1‑bath units; Each duplex offers 1,200 SF total, split into two 600 SF units; Three of the four units are tenant occupied and generating income
