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Tenant-Occupied Duplex Investment Opportunity
For Sale
$199,000

611 Reed Ave, Wharton, TX 77488

Duplex with two units, tenant-occupied, offering immediate rental income.

Property Size2,848 SF
Days on Market267

Property Features for 611 Reed Ave

General Information

Standard status Active
Size 2,848 SF
Property subtype Investment

Building Details

Building Size 2,848 SF
Year Built 1960
Stories 1
Listing Agency: TEXAS SOUTHERN REAL ESTATE LLC
Listed By: Stacie Hoyt · License #623806
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 10 Last Checked: Aug 22 at 9:49AM

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 TEXAS SOUTHERN REAL ESTATE LLC

Investment Insights

Based on property information with market context.

This duplex, located at 611 & 615 Reed, presents an investment opportunity with two separate units that are currently tenant-occupied. The first unit features 2 bedrooms and 1.5 bathrooms. The second unit includes 3 bedrooms, 2 bathrooms, a laundry room, and an attached garage. Both units provide living spaces and rental potential, making this property suitable for investors or buyers seeking a multi-family property with immediate rental income.

Key Highlights

  • Excellent investment opportunity with two separate, tenant‑occupied units providing immediate rental income.
  • Unit 2 features 3 bedrooms, 2 bathrooms, a laundry room, and an attached garage.
  • Multi‑family property suitable for investors or buyers seeking rental income.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Kitchen & Bath Showroom Pet Grooming Service Nursing Home

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

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 77488, TX

13,861
Population
6,106
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
84%
High-School Grad
225.0 sq mi
ZIP Area
62
Density / Sq Mi
$58,770
Median Household Income
$35,130
Median Earnings
$989
Median Rent
$173,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Duplex with two units, tenant-occupied, offering immediate rental income.
Where is this duplex located?
The property is located at 611 Reed Ave Wharton, TX.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Excellent investment opportunity with two separate, tenant‑occupied units providing immediate rental income.; Unit 2 features **3 bedrooms, 2 bathrooms, a laundry room, and an attached garage.**; Multi‑family property suitable for investors or buyers seeking rental income.
More about this property
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