Stacked Duplex with Modern
A-b-1018 Calvin Ave, Houston, TX 77088
For Sale
$519,900
One residence is occupied by a tenant and currently produces rental income.
Property Size2,760 SF
Price / SF$188.37
Days on Market12
Property Features for A-b-1018 Calvin Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Listing Agency:
Brooks & Davis Real Estate
(713) 665-8329
Listed By:
Andre Beraud · License TX #0667248
(832) 524-4526
Source:
Exprealty
Added: Oct 29
Changed: Nov 6
Last Checked: Nov 8 at 10:15AM
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 Brooks & Davis Real Estate
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 2,760-square-foot stacked duplex in Houston has open-plan living areas, contemporary kitchens with stone countertops, and ample natural light. The property combines modern architectural styling with a two-unit configuration.
Unit B is tenant-occupied and generating rental income.
Unit B is tenant-occupied and generating rental income.
Key Highlights
- 2,760‑square‑foot stacked duplex
- Unit B is tenant‑occupied and generating rental income
- Open‑concept living areas and kitchens with stone countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,150
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$723,000
$723.0K
Cap Rate 7%
$516,429
$516.4K
Cap Rate 9%
$401,667
$401.7K
Market Conditions
NOI Build-Up for 2,760 SF
Gross rent
$54.6K $19.80/SF
− Vacancy
−$3.0K −$1.09/SF
EGI
$51.6K $18.71/SF
− OpEx
−$15.5K −$5.61/SF
NOI
$36.1K $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%
$723,000
Cap Rate 7%
$516,429
Cap Rate 9%
$401,667
Alternative Uses
Best Use
Multifamily LT 5
$516.4K
$451.9K – $602.5K
NOI $36,150 @ 7.0% cap · market cap 6.95%
Second Best
Apartment 5plus
$446.7K
$390.9K – $521.1K
NOI $31,268 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$709.7K
$621.0K – $828.0K
NOI $49,680 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Explore this area
Business Placement
Demographics for 77088, TX
54,320
Population
18,500
Households
2.9
Avg Household Size
35
Median Age
13%
College-Educated
72%
High-School Grad
11.1 sq mi
ZIP Area
4,894
Density / Sq Mi
$52,549
Median Household Income
$32,015
Median Earnings
$1,177
Median Rent
$173,900
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Houston, TX
Properties on Market for Duplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is occupied by a tenant and currently produces rental income.
Where is this duplex located?
The property is located at A-b-1018 Calvin Ave Houston, TX.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: 2,760‑square‑foot stacked duplex; Unit B is tenant‑occupied and generating rental income; Open‑concept living areas and kitchens with stone countertops
