815 Quitman St, Houston, TX 77009
Mixed-use property with commercial storefront and residential units.
- Added:
- Dec 2, 2025
- Days on Market:
- 209
- Last Refresh:
- Mar 16 at 1:33 pm
Property Features for 815 Quitman St
General Information
- Standard status
- Active
- Size
- 3,188 SF
- Property subtype
- Mixed Use, Multifamily, Retail
Building Details
- Year Built
- 1930
Listing office Boulevard Realty
Listing date Dec 2, 2025
Source Crexi
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 Boulevard Realty
HighLights
- Immediate cash flow from a mixed‑use property (commercial storefront and three residential units).
- Prime location in Houston's Near Northside, just five minutes from Downtown Houston.
- Significant upside potential due to the area's rapid transformation and growth.
- Strategic location with prime connectivity and proximity to major freeways.
- Versatile layout suitable for various investment strategies.
- Value‑add opportunity in a rapidly developing area with new townhome and commercial projects.
Overview
Local Financial Insights For Retail
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 | $65.4k | $20.52 |
| − Vacancy | −$3.7k | −$1.15 |
| EGI | $61.8k | $19.37 |
| − OpEx | −$18.5k | −$5.81 |
| NOI | $43.2k | $13.56 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.3618145
- Latitude
- 29.7818738
