2022 Duplex
For Sale
$474,999
5202 Northridge Drive A/B, Houston, TX 77033
Two-unit residential income property with electric service and a complete kitchen appliance package.
Property Size2,480 SF
Price / SF$191.53
Days on Market32
Property Features for 5202 Northridge Drive A/B
General Information
Standard status
Active
Size
2,480 SF
Property subtype
Residential Income
Lease Term
12 Months
Taxes and HOA fees
Annual Taxes
$8,474
Amenities
Electric
Range, Disposal, Microwave, Dishwasher, Refrigerator
Building Details
Building Size
2,480 SF
Year Built
2022
Stories
1
Listing Agency:
(346) 368-4580
Listed By:
Ambrosia Hernandez
(346) 368-4580
Source:
Evrealestate
Added: Jul 5
Changed: Aug 4
Last Checked: Aug 5 at 6:17AM
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 Ambrosia Hernandez
Investment Insights
Based on property information with market context.
This duplex property at 5202 Northridge Drive A/B in Houston, Texas, contains 2,480 square feet and was built in 2022. The two-unit configuration offers a residential income property format with separately identified A/B units.
Interior features include electric service and a kitchen appliance package comprising a range, disposal, microwave, dishwasher, and refrigerator. The property is located in Harris County and is accessed from W Bellfort Avenue via Jutland Street and Northridge Drive.
Interior features include electric service and a kitchen appliance package comprising a range, disposal, microwave, dishwasher, and refrigerator. The property is located in Harris County and is accessed from W Bellfort Avenue via Jutland Street and Northridge Drive.
Key Highlights
- 2,480‑square‑foot duplex property
- Built in 2022
- Two‑unit A/B configuration
Financial Insights For Multifamily LT 5
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 | $49.1k | $19.80 |
| − Vacancy | −$2.7k | −$1.09 |
| EGI | $46.4k | $18.71 |
| − OpEx | −$13.9k | −$5.61 |
| NOI | $32.5k | $13.10 |
2,480 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$464.0K
$406.0K – $541.4K
NOI $32,482 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$401.4K
$351.2K – $468.3K
NOI $28,096 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$637.7K
$558.0K – $744.0K
NOI $44,640 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
Explore this area
Business Placement
Demographics for 77033, TX
28,369
Population
10,228
Households
2.8
Avg Household Size
36
Median Age
9%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
4,977
Density / Sq Mi
$37,081
Median Household Income
$28,459
Median Earnings
$1,204
Median Rent
$98,300
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?
Duplex - Two-unit residential income property with electric service and a complete kitchen appliance package.
Where is this duplex located?
The property is located at 5202 Northridge Drive A/B Houston, TX.
What is the asking price?
The asking price for this property is $474,999.
What are key features of this property?
This property features: 2,480‑square‑foot duplex property; Built in 2022; Two‑unit A/B configuration
