Income-Generating Triplex With
9226 Dodson Street Houston, TX 77093
New
For Sale
$350,000
Triplex with gated access and central heating and cooling, offering three separate units with washer/dryer connections.
Property Size2,740 SF
Price / SF$127.74
Days on Market4
Property Features for 9226 Dodson Street
General Information
- Standard status
- Active
- Size
- 2,740 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1945
Listing Agency:
Basore Real Estate
(228) 860-9785
Listed By:
Ashley Ditcharo
(228) 860-9785
Source:
Keystonerg
Added: Jul 21
Changed: Jul 24
Last Checked: Jul 24 at 2:09AM
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 Basore Real Estate
Investment Insights
Based on property information with market context.
This income-producing triplex includes three separate units with approximately 2,740 square feet of total living space, offering a combined 5/6 bedrooms and 3 full bathrooms. The property features central heating and cooling, laminate flooring, and washer/dryer connections in the units. Gated access and ample parking support tenant convenience.
The property is conveniently located near major highways, Downtown Houston, shopping, dining, and schools, providing easy access to key employment and entertainment destinations.
For prospective buyers, the layout provides multiple income streams through three distinct residential units while offering practical on-site features such as gated access, parking, and in-unit laundry connections.
The property is conveniently located near major highways, Downtown Houston, shopping, dining, and schools, providing easy access to key employment and entertainment destinations.
For prospective buyers, the layout provides multiple income streams through three distinct residential units while offering practical on-site features such as gated access, parking, and in-unit laundry connections.
Key Highlights
- Triplex built in 1945 with three separate units and approx. 2,740 SF total
- Total layout includes 5/6 bedrooms and 3 full bathrooms across the three units
- Central heating and cooling throughout
Financial Insights For Apartment 5plus
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 | $60.2k | $21.96 |
| − Vacancy | −$3.7k | −$1.36 |
| EGI | $56.4k | $20.60 |
| − OpEx | −$25.4k | −$9.27 |
| NOI | $31.0k | $11.33 |
2,740 SF · lease $21.96/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$512.7K
$448.6K – $598.1K
NOI $35,888 @ 7.0% cap · market cap 10.25%
Second Best
Apartment 5plus
$443.5K
$388.0K – $517.4K
NOI $31,042 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$704.6K
$616.5K – $822.0K
NOI $49,320 @ 7.0% cap · market cap 14.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Triplex with gated access and central heating and cooling, offering three separate units with washer/dryer connections.
Where is this triplex located?
The property is located at 9226 Dodson Street Houston, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Triplex built in 1945 with three separate units and approx. 2,740 SF total; Total layout includes 5/6 bedrooms and 3 full bathrooms across the three units; Central heating and cooling throughout
