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

611 Reed Avenue, Wharton, TX 77488

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

Property Size2,848 SF
Price / SF$69.87
Days on Market373

Property Features for 611 Reed Avenue

General Information

Standard status Active
Size 2,848 SF
Property subtype Multi-Family

Amenities

Yes
2
3
Appraiser
2848

Building Details

Building Size 2,848 SF
Year Built 1960
Stories 1
Listing Agency: Waller County Land Co.
Listed By: Teresa Goralski
Source: Garygreene
Added: Oct 15, 2025 Changed: Oct 21 Last Checked: Oct 20 at 5:43PM

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 Waller County Land Co.

Rey
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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

Who owns this building? See the owner, sales and loan history
Open Analytics

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Duplex - Duplex with two units, tenant-occupied, offering immediate rental income.
Where is this duplex located?
The property is located at 611 Reed Avenue 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.
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