Four-Residence Quadplex with Private
5702 Brock Street, Houston, TX 77023
For Sale
$850,000
All four homes include in-unit laundry, covered front porches, and access to shared green space.
Property Size4,000 SF
Days on Market9
Property Features for 5702 Brock Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
in-unit laundry
covered front porch
shared green space
private entrances
Building Details
Building Size
Year Built
Buildings
Listing Agency:
New Age
Listed By:
Ashwin Kewalramani · License TX #0700464
(713) 373-7401
Source:
Mpowerrealtygroup
Added: Nov 2
Changed: Nov 7
Last Checked: Nov 8 at 3:16PM
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 New Age
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Investment Insights
Based on property information with market context.
Built in 2026, this quadplex contains four separate residences, each with two bedrooms and two full bathrooms. Every bedroom has its own ensuite bath. The homes also feature open kitchens connected to dining areas, in-unit laundry, private entrances, covered front porches, and space for entertaining. A shared green area serves the building, with assigned parking on site and additional street parking for visitors.
The property is in Houston’s East End, with the Texas Medical Center, University of Houston, and Downtown described as minutes away. Across the building, the four homes provide a total of eight bedrooms and eight full bathrooms.
The property is in Houston’s East End, with the Texas Medical Center, University of Houston, and Downtown described as minutes away. Across the building, the four homes provide a total of eight bedrooms and eight full bathrooms.
Key Highlights
- Four residences, each configured with 2 bedrooms and 2 full bathrooms
- Eight bedrooms and eight full bathrooms across the building
- Every bedroom has an ensuite bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,391
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,047,820
$1.0M
Cap Rate 7%
$748,443
$748.4K
Cap Rate 9%
$582,122
$582.1K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$79.2K $19.80/SF
− Vacancy
−$4.4K −$1.09/SF
EGI
$74.8K $18.71/SF
− OpEx
−$22.5K −$5.61/SF
NOI
$52.4K $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%
$1,047,820
Cap Rate 7%
$748,443
Cap Rate 9%
$582,122
Alternative Uses
Best Use
Multifamily LT 5
$748.4K
$654.9K – $873.2K
NOI $52,391 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$647.4K
$566.5K – $755.3K
NOI $45,317 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$1.03M
$900.0K – $1.20M
NOI $72,000 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
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Business Placement
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
$279,300
Median Home Value
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Market
Average Price Trend$/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 - All four homes include in-unit laundry, covered front porches, and access to shared green space.
Where is this quadplex located?
The property is located at 5702 Brock Street Houston, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four residences, each configured with 2 bedrooms and 2 full bathrooms; Eight bedrooms and eight full bathrooms across the building; Every bedroom has an ensuite bathroom
