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Duplex with Private Balconies

9219 Noel Street Unit C/D, Houston, TX 77033

For Sale
$549,900

Both residences include private garages, open-plan living areas, and outdoor space.

Property Size3,501 SF
Days on Market15

Property Features for 9219 Noel Street Unit C/D

General Information

Standard status Active
Size 3,501 SF
Total Parking Spaces 2
Property subtype Multi Family,Duplex

Site & Location

Neighborhood South Park

Units

Unit Mix 2 x 3BR/2.5BA
Multifamily Units 2

Amenities

12-foot ceilings
open-concept layout
oversized windows
modern fireplace
designer kitchen
European-style cabinetry
waterfall quartz countertops
freestanding soaking tub
oversized glass shower
dual vanities
floating cabinetry
walk-in closet
front porch
back porch
private balcony

Building Details

Building Size 3,501 SF
Year Built 2026
Buildings 1
Listing Agency: Nextgen Real Estate Properties
Listed By: Norisha Johnson
Source: Livingvoguerealestate
Added: Oct 27 Changed: Nov 8 Last Checked: Nov 10 at 2:33PM

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 Nextgen Real Estate Properties

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This duplex contains two residences, each with 3 bedrooms, 2.5 bathrooms, and a private garage. The open-concept interiors feature 12-foot ceilings, oversized windows, a fireplace, and kitchens with European-style cabinetry and waterfall quartz counters. Each primary suite has a walk-in closet, dual vanities, a freestanding tub, and a glass-enclosed shower. Porches at the front and rear, along with a private balcony, add outdoor areas to the property.

The property is in Houston, near the Texas Medical Center, Downtown, universities, and employment centers. The two-unit configuration and private garages are consistent across both residences.

Key Highlights

  • Two residences, each with 3 bedrooms and 2.5 bathrooms
  • A private garage for each unit
  • 12‑foot ceilings and oversized windows

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,855
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$917,100 $917.1K
Cap Rate 7%
$655,071 $655.1K
Cap Rate 9%
$509,500 $509.5K
Market Conditions
NOI Build-Up for 3,501 SF
Gross rent
$69.3K $19.80/SF
− Vacancy
−$3.8K −$1.09/SF
EGI
$65.5K $18.71/SF
− OpEx
−$19.7K −$5.61/SF
NOI
$45.9K $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%
$917,100
Cap Rate 7%
$655,071
Cap Rate 9%
$509,500

Alternative Uses

Best Use
Multifamily LT 5
$655.1K
$573.2K – $764.3K (±1% cap)
NOI $45,855 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$566.6K
$495.8K – $661.1K (±1% cap)
NOI $39,663 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$900.3K
$787.7K – $1.05M (±1% cap)
NOI $63,018 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

513
Businesses Nearby

Demographics for 77033, TX

28,369
Population
10,228
Households
2.8
Avg Household Size
36
Median Age
9%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
4,977
Density / Sq Mi
$37,081
Median Household Income
$28,459
Median Earnings
$1,204
Median Rent
$98,300
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Houston, TX

$199 Jul
$190 Aug
$184 Sep
$186 Oct

Properties on Market for Duplexes in Houston

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences include private garages, open-plan living areas, and outdoor space.
Where is this duplex located?
The property is located at 9219 Noel Street Unit C/D Houston, TX.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2.5 bathrooms; A private garage for each unit; 12‑foot ceilings and oversized windows
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