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Remodeled Four-Unit Duplex Portfolio

7 & 9 Hunt Street, Houston, TX 77003

For Sale
$750,000

Two duplex buildings offer updated two-bedroom units with individual utility metering and separate entrances.

Property Size3,456 SF
Price / SF$217.01
Days on Market391

Property Features for 7 & 9 Hunt Street

General Information

Standard status Active
Size 3,456 SF
Property subtype Multi-Family

Site & Location

Neighborhood Second Ward
Utilities to Site Yes

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Average Monthly Rent $1,500

Taxes and HOA fees

Annual Taxes $8,790

Amenities

Laminate,Tile
1
2
Appraiser
10000
Two
3456

Building Details

Building Size 3,456 SF
Year Built 1935
Buildings 2
Stories 1
Listing Agency: Compean Group
Listed By: Evan Compean · License TX #0617930
Source: Garygreene
Added: Oct 16, 2025 Changed: Nov 8 Last Checked: Nov 10 at 6:12AM

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 Compean Group

Rey
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Investment Insights

Based on property information with market context.

This offering includes two separate duplex buildings with four total units. Each duplex contains 1,728 square feet, while each unit measures 864 square feet and includes two bedrooms and one bathroom. The units have been remodeled with laminate flooring, updated cabinetry, butcher block countertops, new light fixtures, mini-split HVAC systems, and refreshed bathrooms. The buildings date to 1935, and the roofs are scheduled for replacement before closing.

Each duplex has separate electrical, gas, and water meters for its two units. The owner currently covers landscaping, while two units are being kept vacant for showings and are available to view. The duplexes may also be purchased separately, providing flexibility for an owner seeking a two-unit property or a buyer pursuing the full four-unit package.

Key Highlights

  • Four total units across two separate duplex buildings
  • Each duplex contains 1,728 square feet; each unit measures 864 square feet
  • All units feature 2 bedrooms and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,266
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,320 $905.3K
Cap Rate 7%
$646,657 $646.7K
Cap Rate 9%
$502,956 $503.0K
Market Conditions
NOI Build-Up for 3,456 SF
Gross rent
$68.4K $19.80/SF
− Vacancy
−$3.8K −$1.09/SF
EGI
$64.7K $18.71/SF
− OpEx
−$19.4K −$5.61/SF
NOI
$45.3K $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%
$905,320
Cap Rate 7%
$646,657
Cap Rate 9%
$502,956

Alternative Uses

Best Use
Multifamily LT 5
$646.7K
$565.8K – $754.4K (±1% cap)
NOI $45,266 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$559.3K
$489.4K – $652.6K (±1% cap)
NOI $39,154 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$888.7K
$777.6K – $1.04M (±1% cap)
NOI $62,208 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,234
Businesses Nearby

Demographics for 77003, TX

11,874
Population
6,201
Households
1.9
Avg Household Size
36
Median Age
49%
College-Educated
93%
High-School Grad
2.7 sq mi
ZIP Area
4,398
Density / Sq Mi
$88,837
Median Household Income
$63,831
Median Earnings
$1,562
Median Rent
$363,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

$199 Jul
$190 Aug
$184 Sep
$186 Oct

Properties on Market for Duplexes 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?
Duplex - Two duplex buildings offer updated two-bedroom units with individual utility metering and separate entrances.
Where is this duplex located?
The property is located at 7 & 9 Hunt Street Houston, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four total units across two separate duplex buildings; Each duplex contains 1,728 square feet; each unit measures 864 square feet; All units feature 2 bedrooms and 1 bathroom
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