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Fourplex with Private Entrances

5623 Barremore Street # 2 Unit A B 1 2, Houston, TX 77023

For Sale
$450,000

Three residences are occupied, including units with tenants in place for more than a decade.

Property Size3,932 SF
Price / SF$114.45
Days on Market279

Property Features for 5623 Barremore Street # 2 Unit A B 1 2

General Information

Standard status Active
Size 3,932 SF
Property subtype Multi Family,Quadruplex
Occupancy 75%

Site & Location

Neighborhood Genoa Civic Association
Public Transit Yes

Additional Details

Multifamily Units 4
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $9,681

Building Details

Building Size 3,932 SF
Year Built 1940
Buildings 1
Listing Agency: RE/MAX Partners
Listed By: Stephanie Schley · License TX #0275195
Source: Skwrealty
Added: Feb 5 Changed: Nov 7 Last Checked: Nov 9 at 7:44PM

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 RE/MAX Partners

Rey
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Investment Insights

Based on property information with market context.

This fourplex contains four units, each with its own private entrance. The property totals 3,932 square feet and was built in 1940. Three of the four residences are occupied, with tenants who have remained for more than 10 years.

The property is on Barremore Street in Houston, with public transportation nearby. Major freeways are also accessible; Downtown Houston is approximately 10 minutes away, and the Texas Medical Center is about 15 minutes away.

The two front units each have two bedrooms and one bathroom. Their layout may allow conversion to three-bedroom, one-bathroom configurations.

Key Highlights

  • Four units totaling 3,932 square feet
  • Private entrance for each residence
  • Three of four units occupied; tenants in place for over 10 years

Property Analytics

Lease Details

4
Residential units
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

115
Businesses Nearby

Demographics for 77023, TX

26,780
Population
11,850
Households
2.3
Avg Household Size
36
Median Age
24%
College-Educated
75%
High-School Grad
5.5 sq mi
ZIP Area
4,869
Density / Sq Mi
$50,018
Median Household Income
$35,730
Median Earnings
$1,079
Median Rent
$279,300
Median Home Value

Market

Average Price Trend$/SF for Quadplexes in Houston, TX

$194 Jul
$176 Aug
$180 Sep
$188 Oct

Properties on Market for Quadplexes in Houston

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Three residences are occupied, including units with tenants in place for more than a decade.
Where is this quadplex located?
The property is located at 5623 Barremore Street # 2 Unit A B 1 2 Houston, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four units totaling 3,932 square feet; Private entrance for each residence; Three of four units occupied; tenants in place for over 10 years
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