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Eight-Unit Duplex Portfolio
For Sale
$1,200,000

5440 Highline Dr, Montgomery, TX 77316

Four duplex buildings are fully leased, with improvements to roofs, select water heaters, and several interiors.

Property Size1,960 SF
Days on Market8

Property Features for 5440 Highline Dr

General Information

Standard status Active
Size 1,960 SF
Property subtype Investment
Occupancy 100%

Additional Details

Multifamily Units 8

Taxes and HOA fees

Annual Taxes $4,344

Building Details

Building Size 1,960 SF
Year Built 2008
Buildings 4
Stories 1
Units 4
Listing Agency: NAN & COMPANY PROPERTIES - CORPORATE OFFICE (HEIGHTS)
Listed By: Thomas Eureste · License #0675453
Source: Elliman
Added: Aug 25 Changed: Aug 31 Last Checked: Aug 31 at 6:27PM

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 NAN & COMPANY PROPERTIES - CORPORATE OFFICE (HEIGHTS)

Investment Insights

Based on property information with market context.

Built in 2008, this Montgomery multifamily property includes four duplex buildings containing eight residential units. All units are currently leased, providing an operating rental asset with tenants in place. Property improvements include new roofs, water heaters in select units, and interior renovations completed in several units as vacancies occurred.

Additional land accompanies the duplexes and has been identified for possible future construction of more duplex buildings. The property is located in Montgomery, Texas, at 5440 Highline Dr. Its walk score is 0 and its bike score is 25, indicating a car-dependent setting with limited bike access.

Key Highlights

  • Four duplex buildings with eight total units
  • All eight units are currently leased
  • Built in 2008

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store HVAC Service Storage Facility Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby

Demographics for 77316, TX

30,598
Population
11,879
Households
2.6
Avg Household Size
40
Median Age
44%
College-Educated
96%
High-School Grad
129.0 sq mi
ZIP Area
237
Density / Sq Mi
$129,418
Median Household Income
$63,663
Median Earnings
$1,419
Median Rent
$396,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Four duplex buildings are fully leased, with improvements to roofs, select water heaters, and several interiors.
Where is this duplex located?
The property is located at 5440 Highline Dr Montgomery, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Four duplex buildings with eight total units; All eight units are currently leased; Built in 2008
More about this property
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