Four-Unit Multifamily
For Sale
$398,500
7444 Edna Street, Houston, TX 77087
The units have separate electric meters, with a mix of duplex and garage-apartment layouts.
Property Size2,952 SF
Days on Market15
Property Features for 7444 Edna Street
General Information
Standard status
Active
Size
2,952 SF
Total Parking Spaces
4
Property subtype
Multi Family,Quadruplex
Site & Location
Neighborhood
Golfcrest / Bellfort / Reveille
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$6,142
Building Details
Building Size
2,952 SF
Year Built
1945
Buildings
2
Listing Agency:
Hanna Realty
Listed By:
Fred Hanna
(832) 641-3835
Source:
Greenwoodking
Added: Oct 12
Changed: Oct 25
Last Checked: Oct 24 at 11:40PM
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 Hanna Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property combines a 2,112-square-foot, two-story brick duplex with two garage apartments above a four-car garage. The duplex contains two units, each with two bedrooms and one bathroom. The apartments total 840 square feet, with one bedroom and one bathroom in each unit.
All four units are separately metered for electricity. The property is on a corner lot, and the listed year built is 1945.
All four units are separately metered for electricity. The property is on a corner lot, and the listed year built is 1945.
Key Highlights
- Two‑story brick duplex with 2,112 square feet
- Two duplex units, each with 2 bedrooms and 1 bathroom
- Two garage apartments above a four‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,444
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,880
$668.9K
Cap Rate 7%
$477,771
$477.8K
Cap Rate 9%
$371,600
$371.6K
Market Conditions
NOI Build-Up for 2,952 SF
Gross rent
$64.8K $21.96/SF
− Vacancy
−$4.0K −$1.36/SF
EGI
$60.8K $20.60/SF
− OpEx
−$27.4K −$9.27/SF
NOI
$33.4K $11.33/SF
Area
Houston, TX
Vacancy
6.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,880
Cap Rate 7%
$477,771
Cap Rate 9%
$371,600
Alternative Uses
Best Use
Apartment 5plus
$477.8K
$418.1K – $557.4K
NOI $33,444 @ 7.0% cap · market cap 8.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$759.1K
$664.2K – $885.6K
NOI $53,136 @ 7.0% cap · market cap 13.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
Explore this area
Business Placement
Demographics for 77087, TX
34,654
Population
12,400
Households
2.8
Avg Household Size
35
Median Age
12%
College-Educated
63%
High-School Grad
6.6 sq mi
ZIP Area
5,251
Density / Sq Mi
$53,624
Median Household Income
$32,927
Median Earnings
$1,015
Median Rent
$148,400
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
Frequently Asked Questions
What type of property is this?
Multifamily property - The units have separate electric meters, with a mix of duplex and garage-apartment layouts.
Where is this multifamily property located?
The property is located at 7444 Edna Street Houston, TX.
What is the asking price?
The asking price for this property is $398,500.
What are key features of this property?
This property features: Two‑story brick duplex with 2,112 square feet; Two duplex units, each with 2 bedrooms and 1 bathroom; Two garage apartments above a four‑car garage
