Two-Story Duplex with
8113 Corinth Street, Houston, TX 77051
For Sale
$525,000
Both residences are leased, and full-sized appliances are included in each unit.
Property Size2,848 SF
Days on Market281
Property Features for 8113 Corinth Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Occupancy
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Parking per Unit
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
granite countertops
fenced backyard
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
PFG/PENN
Listed By:
DeAnna Roberts
(832) 322-0271
Source:
Livingvoguerealestate
Added: Feb 3
Changed: Nov 9
Last Checked: Nov 10 at 5:18PM
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 PFG/PENN
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Investment Insights
Based on property information with market context.
Built in 2022, this duplex contains two residences, each arranged over two levels with three bedrooms and two-and-a-half baths. Granite countertops and carpet-free interiors are featured throughout. Each residence has its own garage and fenced backyard, and full-sized appliances are included.
Both sides of the property are currently leased.
Both sides of the property are currently leased.
Key Highlights
- 2022‑built duplex with two three‑bedroom residences
- Each unit has two stories and 2.5 baths
- Granite countertops and carpet‑free interiors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,302
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,040
$746.0K
Cap Rate 7%
$532,886
$532.9K
Cap Rate 9%
$414,467
$414.5K
Market Conditions
NOI Build-Up for 2,848 SF
Gross rent
$56.4K $19.80/SF
− Vacancy
−$3.1K −$1.09/SF
EGI
$53.3K $18.71/SF
− OpEx
−$16.0K −$5.61/SF
NOI
$37.3K $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%
$746,040
Cap Rate 7%
$532,886
Cap Rate 9%
$414,467
Alternative Uses
Best Use
Multifamily LT 5
$532.9K
$466.3K – $621.7K
NOI $37,302 @ 7.0% cap · market cap 7.11%
Second Best
Apartment 5plus
$460.9K
$403.3K – $537.8K
NOI $32,265 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$732.3K
$640.8K – $854.4K
NOI $51,264 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
Business Placement
Demographics for 77051, TX
18,323
Population
7,453
Households
2.5
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
7.4 sq mi
ZIP Area
2,476
Density / Sq Mi
$40,030
Median Household Income
$31,914
Median Earnings
$1,332
Median Rent
$171,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Houston, TX
Properties on Market for Duplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased, and full-sized appliances are included in each unit.
Where is this duplex located?
The property is located at 8113 Corinth Street Houston, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2022‑built duplex with two three‑bedroom residences; Each unit has two stories and 2.5 baths; Granite countertops and carpet‑free interiors
