Corner Duplex Portfolio with Private
New
For Sale
$650,000
8030 -Record St, Houston, TX 77028
Three duplex buildings on a corner property, each with its own private driveway for tenant convenience and privacy.
Days on Market3
Property Features for 8030 -Record St
General Information
Standard status
Active
Property subtype
Investment
Lease Term
12 months
Additional Details
Public Transit
Yes
Multifamily Units
6
Building Details
Building Size
3,240 SF
Year Built
1950
Buildings
3
Listing Agency:
KELLER WILLIAMS REALTY METROPOLITAN
(832) 616-0888
Listed By:
Elio Alanis · License #0734188
(832) 616-0888
Source:
Elliman
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 31 at 6:17AM
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 KELLER WILLIAMS REALTY METROPOLITAN
Investment Insights
Based on property information with market context.
Three duplex buildings are being sold together on a prominent corner property, creating a flexible residential income setup for both owner-occupants and investors. Each duplex has its own private driveway, adding convenience and privacy for tenants.
Built in 1950, the property offers a straightforward configuration for leasing all units or taking advantage of house-hacking flexibility. BikeScore is 28 (somewhat bikeable), WalkScore is 5 (car-dependent), and TransitScore is 37 (some transit), supporting a practical, car-oriented access profile.
Overall, this is a multi-building duplex portfolio on a corner site with separated driveway access by duplex, designed to reduce friction for tenants while offering multiple options for how units can be occupied.
Built in 1950, the property offers a straightforward configuration for leasing all units or taking advantage of house-hacking flexibility. BikeScore is 28 (somewhat bikeable), WalkScore is 5 (car-dependent), and TransitScore is 37 (some transit), supporting a practical, car-oriented access profile.
Overall, this is a multi-building duplex portfolio on a corner site with separated driveway access by duplex, designed to reduce friction for tenants while offering multiple options for how units can be occupied.
Key Highlights
- Three duplex buildings sold together on a prominent corner property
- Each duplex has its own private driveway
- Built in 1950
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.2k | $19.80 |
| − Vacancy | −$3.5k | −$1.09 |
| EGI | $60.6k | $18.71 |
| − OpEx | −$18.2k | −$5.61 |
| NOI | $42.4k | $13.10 |
3,240 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$606.2K
$530.5K – $707.3K
NOI $42,437 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$524.4K
$458.8K – $611.8K
NOI $36,706 @ 7.0% cap · market cap 5.65%
Theoretical Best
Office A
$833.1K
$729.0K – $972.0K
NOI $58,320 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Three duplex buildings on a corner property, each with its own private driveway for tenant convenience and privacy.
Where is this duplex located?
The property is located at 8030 -Record St Houston, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three duplex buildings sold together on a prominent corner property; Each duplex has its own private driveway; Built in 1950
