Two-Story Fourplex with Private
New
For Sale
$889,000
9130 Vogue Ln, Houston, TX 77080
Fully occupied multifamily property with identical three-bedroom residences, assigned parking, guest spaces, and shared outdoor space.
Days on Market2
Property Features for 9130 Vogue Ln
General Information
Standard status
Active
Total Parking Spaces
10
Property subtype
Investment
Occupancy
100%
Lease Term
12 months
Amenities
community yard
private patio
storage space
Building Details
Building Size
5,092 SF
Year Built
1982
Tenancy
Multi
Listing Agency:
(541) 360-2633
Listed By:
Timothy DeMichele
(541) 360-2633
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 12:15PM
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 Timothy DeMichele
Investment Insights
Based on property information with market context.
Built in 1982, this fourplex includes four identical two-story units, each measuring 1,273 square feet with three bedrooms, two bathrooms, and storage space equivalent to a rentable storage unit. Every residence also includes a private, fenced 180-square-foot patio. The property is fully occupied, with 100% occupancy reported.
A concrete ten-stall parking lot provides two assigned stalls per unit and two guest stalls. Residents also have access to a private grass community yard. The property is located at 9130 Vogue Ln in Houston, Texas, within the Houston metro area. WalkScore is 32, BikeScore is 49, and TransitScore is 32.
A concrete ten-stall parking lot provides two assigned stalls per unit and two guest stalls. Residents also have access to a private grass community yard. The property is located at 9130 Vogue Ln in Houston, Texas, within the Houston metro area. WalkScore is 32, BikeScore is 49, and TransitScore is 32.
Key Highlights
- Four identical 1,273‑square‑foot units with three bedrooms and two bathrooms each
- Two‑story layouts with storage space equivalent to a rentable storage unit
- Private, fenced 180‑square‑foot patio for each unit
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 | $100.8k | $19.80 |
| − Vacancy | −$5.5k | −$1.09 |
| EGI | $95.3k | $18.71 |
| − OpEx | −$28.6k | −$5.61 |
| NOI | $66.7k | $13.10 |
5,092 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$952.8K
$833.7K – $1.11M
NOI $66,693 @ 7.0% cap · market cap 7.50%
Second Best
Apartment 5plus
$824.1K
$721.1K – $961.5K
NOI $57,688 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,656 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
763
Businesses Nearby
Explore this area
Business Placement
Demographics for 77080, TX
45,428
Population
17,394
Households
2.6
Avg Household Size
33
Median Age
27%
College-Educated
68%
High-School Grad
6.4 sq mi
ZIP Area
7,098
Density / Sq Mi
$63,056
Median Household Income
$33,658
Median Earnings
$1,253
Median Rent
$311,600
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?
Quadplex - Fully occupied multifamily property with identical three-bedroom residences, assigned parking, guest spaces, and shared outdoor space.
Where is this quadplex located?
The property is located at 9130 Vogue Ln Houston, TX.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: Four identical 1,273‑square‑foot units with three bedrooms and two bathrooms each; Two‑story layouts with storage space equivalent to a rentable storage unit; Private, fenced 180‑square‑foot patio for each unit
