Three-Unit Multifamily
814 Mitchell Street, Bryan, TX 77802
For Sale
$349,000
ResidentialIncome, Bryan, TX
Property Size1,973 SF
Lot Size0.30 Acres
Price / SF$176.89
Days on Market64
Property Features for 814 Mitchell Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
Middle school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Utilities
Heating system
Building Details
Year built
Number of units
Buildings
Listing Agency:
Walsh &Mangan Premier RE Group
(979) 690-9977
Listed By:
Allison Bauerschlag · License TX #0677022
(832) 423-0609
Added: Sep 11
Changed: Nov 9
Last Checked: Nov 13 at 10:06PM
MLS# 26010940
Copyright © 2026 Bryan-College Station Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 includes a duplex and a separate garage apartment on a 0.2984-acre lot. The duplex contains two 2-bedroom, 1-bath units and was renovated in 2019, with updates that included air conditioning, windows, and siding. Total property size is 1,973 square feet, and the building dates to 1945.
Outdoor features include a fenced yard and rear storage area for one duplex unit, plus a front patio deck for the other. Each of the three units has its own electric meter. Water, sewer, and trash service are paid by the owner. Heating is central and electric.
Outdoor features include a fenced yard and rear storage area for one duplex unit, plus a front patio deck for the other. Each of the three units has its own electric meter. Water, sewer, and trash service are paid by the owner. Heating is central and electric.
Key Highlights
- Duplex with two 2‑bedroom, 1‑bath units plus a separate garage apartment
- 1,973 square feet on a 0.2984‑acre lot
- Duplex renovations completed in 2019, including air conditioning, windows, and siding
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,927
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,540
$378.5K
Cap Rate 7%
$270,386
$270.4K
Cap Rate 9%
$210,300
$210.3K
Market Conditions
NOI Build-Up for 1,973 SF
Gross rent
$36.2K $18.36/SF
− Vacancy
−$1.8K −$0.92/SF
EGI
$34.4K $17.44/SF
− OpEx
−$15.5K −$7.85/SF
NOI
$18.9K $9.59/SF
Area
Brazos County, TX
Vacancy
5.00%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,540
Cap Rate 7%
$270,386
Cap Rate 9%
$210,300
Alternative Uses
Best Use
Apartment 5plus
$270.4K
$236.6K – $315.5K
NOI $18,927 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$485.8K
$425.1K – $566.8K
NOI $34,008 @ 7.0% cap · market cap 9.74%
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
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,315
Businesses Nearby
Explore this area
Business Placement
Demographics for 77802, TX
25,502
Population
12,189
Households
2.1
Avg Household Size
37
Median Age
42%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
2,218
Density / Sq Mi
$68,132
Median Household Income
$43,920
Median Earnings
$1,272
Median Rent
$237,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Multifamily properties in Bryan, TX
Properties on Market for Multifamily properties in Bryan
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - A separate garage apartment adds another residence to the renovated duplex property.
Where is this multifamily property located?
The property is located at 814 Mitchell Street Bryan, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Duplex with two 2‑bedroom, 1‑bath units plus a separate garage apartment; 1,973 square feet on a 0.2984‑acre lot; Duplex renovations completed in 2019, including air conditioning, windows, and siding
