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Renovated Duplex Portfolio
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5502 Farley Dr, Houston, TX 77032

Thirteen duplex buildings offer updated two-bedroom residences with fireplaces and washer/dryer hookups.

Property SizeContact for details
Days on Market2

Property Features for 5502 Farley Dr

General Information

Standard status Active
Property subtype Multifamily
Occupancy 95%

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 26 x 2BR/1BA
Multifamily Units 26

Amenities

washer/dryer hookups
fireplaces
Fully occupied, offering cashflow from day 1
Favorable unit mix with all units being 2-bed 1-bath & 1000+ SF
All utilities are individually metered, immediately limiting expenses

Building Details

Buildings 13
Units 26
Listing Agency: Houston Office
Listed By: Andrew Nash · License #License(s): TX: 815711
Source: Marcusmillichap
Added: Sep 2 Last Checked: Sep 2 at 2:18PM

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 Houston Office

Investment Insights

Based on property information with market context.

This multifamily portfolio comprises 13 duplex buildings with 26 total units. Each residence provides a 2-bedroom, 1-bathroom layout spanning 1,009 square feet, along with washer/dryer hookups and a fireplace. Interior improvements were completed across the units during the past year, while exterior work includes new roofs and siding. Utilities are individually metered.

The property is located at the intersection of Beltway 8 and Highway 59 in Houston, with proximity to George Bush Intercontinental Airport. The portfolio includes addresses on Farley Drive, including 5502 through 5534 Farley and 5410 and 5418 Farley. The source information also reports a history of high occupancy and long-term residents.

Key Highlights

  • 26‑unit portfolio arranged as 13 duplex buildings
  • Each unit offers 2 bedrooms, 1 bathroom, and 1,009 square feet
  • Washer/dryer hookups and fireplaces in every unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Skin Care Clinic Catering Service Butcher 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

26
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

668
Businesses Nearby

Demographics for 77032, TX

13,497
Population
4,843
Households
2.8
Avg Household Size
29
Median Age
8%
College-Educated
64%
High-School Grad
23.1 sq mi
ZIP Area
584
Density / Sq Mi
$36,731
Median Household Income
$30,574
Median Earnings
$1,148
Median Rent
$122,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Thirteen duplex buildings offer updated two-bedroom residences with fireplaces and washer/dryer hookups.
Where is this duplex located?
The property is located at 5502 Farley Dr Houston, TX.
What are key features of this property?
This property features: 26‑unit portfolio arranged as 13 duplex buildings; Each unit offers 2 bedrooms, 1 bathroom, and 1,009 square feet; Washer/dryer hookups and fireplaces in every unit
More about this property
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