Turnkey Duplex Rental
For Sale
$369,000
6004 Wedgefield St A/B, Houston, TX 77028
Like-new duplex rental with open-concept living, three bedrooms, private backyard, and all appliances included.
Property Size2,400 SF
Days on Market114
Property Features for 6004 Wedgefield St A/B
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Investment
Lease Term
12 months
Site & Location
Neighborhood
Settegast
Building Details
Building Size
2,400 SF
Year Built
2023
Stories
2
Units
1
Listing Agency:
Nan & Company Properties - Corporate Office (Heights)
Listed By:
Ashley Shears
(832) 401-4937
Source:
Elliman
Added: Jul 5
Changed: Oct 25
Last Checked: Oct 24 at 4:46PM
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)
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Investment Insights
Based on property information with market context.
This like-new duplex is set up for rental living with an open-concept layout that includes a spacious living room and large windows designed to bring in natural light. The configuration provides three bedrooms and two bathrooms, including a master bedroom with an ensuite bathroom featuring a shower and ample closet space. An outdoor private backyard adds practical everyday space beyond the interior. All appliances are included, supporting an easier move-in or tenant turnover.
The property is located on a residential street and is described as being in a desirable neighborhood. Mobility scores indicate a more car-dependent setting, with bike, walk, and transit scores reported as 30 (Somewhat Bikeable), 15 (Car-Dependent), and 27 (Some Transit), respectively.
For tenants or buyers seeking a modern, low-friction rental setup, the combination of open living areas, three bedrooms, and on-site private outdoor space can fit a range of households. The included appliance package and clearly defined bedroom and bathroom layout can also simplify day-to-day occupancy and management. The duplex format may appeal to investors looking for a residential income property where the living spaces are configured for comfort and privacy.
The property is located on a residential street and is described as being in a desirable neighborhood. Mobility scores indicate a more car-dependent setting, with bike, walk, and transit scores reported as 30 (Somewhat Bikeable), 15 (Car-Dependent), and 27 (Some Transit), respectively.
For tenants or buyers seeking a modern, low-friction rental setup, the combination of open living areas, three bedrooms, and on-site private outdoor space can fit a range of households. The included appliance package and clearly defined bedroom and bathroom layout can also simplify day-to-day occupancy and management. The duplex format may appeal to investors looking for a residential income property where the living spaces are configured for comfort and privacy.
Key Highlights
- Year built 2023 like‑new duplex rental
- 3 bedrooms and 2 bathrooms with an open‑concept layout
- Private backyard outdoor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,434
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,680
$628.7K
Cap Rate 7%
$449,057
$449.1K
Cap Rate 9%
$349,267
$349.3K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$47.5K $19.80/SF
− Vacancy
−$2.6K −$1.09/SF
EGI
$44.9K $18.71/SF
− OpEx
−$13.5K −$5.61/SF
NOI
$31.4K $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%
$628,680
Cap Rate 7%
$449,057
Cap Rate 9%
$349,267
Alternative Uses
Best Use
Multifamily LT 5
$449.1K
$392.9K – $523.9K
NOI $31,434 @ 7.0% cap · market cap 8.52%
Second Best
Apartment 5plus
$388.4K
$339.9K – $453.2K
NOI $27,190 @ 7.0% cap · market cap 7.37%
Theoretical Best
Office A
$617.1K
$540.0K – $720.0K
NOI $43,200 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
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Business Placement
Demographics for 77028, TX
18,701
Population
7,102
Households
2.6
Avg Household Size
35
Median Age
8%
College-Educated
69%
High-School Grad
9.1 sq mi
ZIP Area
2,055
Density / Sq Mi
$36,244
Median Household Income
$28,099
Median Earnings
$1,115
Median Rent
$108,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Like-new duplex rental with open-concept living, three bedrooms, private backyard, and all appliances included.
Where is this duplex located?
The property is located at 6004 Wedgefield St A/B Houston, TX.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Year built 2023 like‑new duplex rental; 3 bedrooms and 2 bathrooms with an open‑concept layout; Private backyard outdoor space
