Brick Duplex With Covered
For Sale
$679,000
528 Hawthorne Street, Houston, TX 77006
Two tenant-occupied residences offer private decks, in-unit laundry, and access to a shared backyard.
Property Size2,610 SF
Days on Market38
Property Features for 528 Hawthorne Street
General Information
Standard status
Active
Size
2,610 SF
Property subtype
Multi Family,Duplex
Occupancy
100%
Site & Location
Neighborhood
Midtown
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$17,456
Amenities
private deck
in-unit washer/dryer
covered parking
shared backyard
Building Details
Building Size
2,610 SF
Year Built
1930
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
eXp Realty LLC
Listed By:
Shahin Naghavi · License #0588746
(713) 965-7290
Source:
Greenwoodking
Added: Sep 19
Changed: Oct 25
Last Checked: Oct 25 at 12:40AM
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 eXp Realty LLC
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.
Built in 1930, this brick duplex contains two residences, each with 2 bedrooms, 1 bathroom, a kitchen, dining room, and living room. Both units include a private deck, in-unit washer and dryer, and covered parking, while the property also provides a shared backyard. Both residences are currently tenant occupied. The owner pays water and sewer; tenants handle all other utilities.
The property is in Montrose, within walking distance of dining, retail, entertainment, and parks. Downtown Houston and the Texas Medical Center are nearby, providing access to two major employment and activity centers. The two-unit configuration supports continued rental use, with the physical layout providing separate residential spaces and shared outdoor amenities.
The property is in Montrose, within walking distance of dining, retail, entertainment, and parks. Downtown Houston and the Texas Medical Center are nearby, providing access to two major employment and activity centers. The two-unit configuration supports continued rental use, with the physical layout providing separate residential spaces and shared outdoor amenities.
Key Highlights
- Two‑unit brick duplex built in 1930
- Each unit has 2 bedrooms and 1 bathroom
- Private decks and in‑unit washers and dryers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,185
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,700
$683.7K
Cap Rate 7%
$488,357
$488.4K
Cap Rate 9%
$379,833
$379.8K
Market Conditions
NOI Build-Up for 2,610 SF
Gross rent
$51.7K $19.80/SF
− Vacancy
−$2.8K −$1.09/SF
EGI
$48.8K $18.71/SF
− OpEx
−$14.7K −$5.61/SF
NOI
$34.2K $13.10/SF
Area
Houston, TX
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,700
Cap Rate 7%
$488,357
Cap Rate 9%
$379,833
Alternative Uses
Best Use
Multifamily LT 5
$488.4K
$427.3K – $569.8K
NOI $34,185 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$422.4K
$369.6K – $492.8K
NOI $29,569 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$671.1K
$587.3K – $783.0K
NOI $46,980 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,660
Businesses Nearby
Explore this area
Business Placement
Demographics for 77006, TX
24,129
Population
16,654
Households
1.4
Avg Household Size
36
Median Age
80%
College-Educated
98%
High-School Grad
2.3 sq mi
ZIP Area
10,491
Density / Sq Mi
$102,003
Median Household Income
$73,275
Median Earnings
$1,761
Median Rent
$599,500
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 - Two tenant-occupied residences offer private decks, in-unit laundry, and access to a shared backyard.
Where is this duplex located?
The property is located at 528 Hawthorne Street Houston, TX.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Two‑unit brick duplex built in 1930; Each unit has 2 bedrooms and 1 bathroom; Private decks and in‑unit washers and dryers
