4-Unit Fourplex with
5419 Ennis Street, Houston, TX 77004
For Sale
New
$999,500
Three residences offer three-bedroom layouts, while the upper-level loft residence has two bedrooms with private baths.
Property Size5,704 SF
Days on Market5
Property Features for 5419 Ennis Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Acres Realty
Listed By:
Julian Moreno
(281) 808-8040
Source:
Mpowerrealtygroup
Added: Nov 11
Changed: Nov 14
Last Checked: Nov 14 at 2:17PM
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 Acres Realty
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 1950, this four-unit property includes three three-bedroom, two-bath residences and an upper-level loft residence with two bedrooms, each with a private bath. Interior finishes include oak cabinetry, quartz counters, stainless steel appliances, gas ranges, wood-look flooring and bathrooms with soaking tubs, vessel sinks and full-height tile. A front yard provides outdoor space alongside on-site parking.
The property is minutes from the Texas Medical Center, the Museum District and Downtown. Its four separate residences have consistent interior finishes across the units.
The property is minutes from the Texas Medical Center, the Museum District and Downtown. Its four separate residences have consistent interior finishes across the units.
Key Highlights
- Four residences: three 3‑bedroom/2‑bath units and an upstairs loft with two bedrooms, each with a private bath
- Built in 1950
- Quartz countertops, stainless appliances and gas ranges in the units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,709
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,494,180
$1.5M
Cap Rate 7%
$1,067,271
$1.1M
Cap Rate 9%
$830,100
$830.1K
Market Conditions
NOI Build-Up for 5,704 SF
Gross rent
$112.9K $19.80/SF
− Vacancy
−$6.2K −$1.09/SF
EGI
$106.7K $18.71/SF
− OpEx
−$32.0K −$5.61/SF
NOI
$74.7K $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%
$1,494,180
Cap Rate 7%
$1,067,271
Cap Rate 9%
$830,100
Alternative Uses
Best Use
Multifamily LT 5
$1.07M
$933.9K – $1.25M
NOI $74,709 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$923.2K
$807.8K – $1.08M
NOI $64,622 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,672 @ 7.0% cap · market cap 10.27%
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
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,281
Businesses Nearby
Explore this area
Business Placement
Demographics for 77004, TX
37,005
Population
18,321
Households
2
Avg Household Size
31
Median Age
57%
College-Educated
96%
High-School Grad
5.2 sq mi
ZIP Area
7,116
Density / Sq Mi
$65,901
Median Household Income
$55,909
Median Earnings
$1,320
Median Rent
$384,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Houston, TX
Properties on Market for Quadplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Three residences offer three-bedroom layouts, while the upper-level loft residence has two bedrooms with private baths.
Where is this quadplex located?
The property is located at 5419 Ennis Street Houston, TX.
What is the asking price?
The asking price for this property is $999,500.
What are key features of this property?
This property features: Four residences: three 3‑bedroom/2‑bath units and an upstairs loft with two bedrooms, each with a private bath; Built in 1950; Quartz countertops, stainless appliances and gas ranges in the units
