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Modern Duplex with Covered Patios
For Sale
$384,000

A-b-113 Bolden St, Houston, TX 77029

Two residences offer open layouts, natural light, and practical kitchens for daily living.

Property Size2,030 SF
Price / SF$189.16
Days on Market62

Property Features for A-b-113 Bolden St

General Information

Standard status Active
Size 2,030 SF
Property subtype Residential Income

Site & Location

Neighborhood Clinton Park Tri-Community
Highway Access Yes

Units

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

Amenities

covered patio/deck

Building Details

Buildings 1
Listing Agency: HomeSmart
Listed By: Alfredo Zavala · License #0628571
Source: Exprealty
Added: Aug 26 Changed: Oct 25 Last Checked: Oct 24 at 8:07PM

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 HomeSmart

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Investment Insights

Based on property information with market context.

This modern duplex contains 2,030 square feet, with each residence offering 3 bedrooms and 2 full bathrooms. Both units feature open-concept living, dining, and kitchen areas, large windows, neutral finishes, ample cabinetry, and generous counter space. Each residence also includes a covered patio or deck for outdoor use.

The property is minutes from major freeways and several employment and activity centers, including Downtown, the Medical Center, East River Development, Hobby Airport, refineries, and Daikin Park. Its two-unit configuration and consistent layouts provide a straightforward residential income property format with comfortable living areas in each residence.

Key Highlights

  • Duplex with 2,030 square feet
  • Each unit has 3 bedrooms and 2 full bathrooms
  • Open‑concept living, dining, and kitchen areas in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,588
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,760 $531.8K
Cap Rate 7%
$379,829 $379.8K
Cap Rate 9%
$295,422 $295.4K
Market Conditions
NOI Build-Up for 2,030 SF
Gross rent
$40.2K $19.80/SF
− Vacancy
−$2.2K −$1.09/SF
EGI
$38.0K $18.71/SF
− OpEx
−$11.4K −$5.61/SF
NOI
$26.6K $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%
$531,760
Cap Rate 7%
$379,829
Cap Rate 9%
$295,422

Alternative Uses

Best Use
Multifamily LT 5
$379.8K
$332.4K – $443.1K (±1% cap)
NOI $26,588 @ 7.0% cap · market cap 6.92%
Second Best
Apartment 5plus
$328.5K
$287.5K – $383.3K (±1% cap)
NOI $22,998 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$522.0K
$456.8K – $609.0K (±1% cap)
NOI $36,540 @ 7.0% cap · market cap 9.52%
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

237
Businesses Nearby

Demographics for 77029, TX

17,044
Population
6,386
Households
2.7
Avg Household Size
36
Median Age
9%
College-Educated
62%
High-School Grad
10.6 sq mi
ZIP Area
1,608
Density / Sq Mi
$49,601
Median Household Income
$32,614
Median Earnings
$1,129
Median Rent
$115,400
Median Home Value

Market

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 - Two residences offer open layouts, natural light, and practical kitchens for daily living.
Where is this duplex located?
The property is located at A-b-113 Bolden St Houston, TX.
What is the asking price?
The asking price for this property is $384,000.
What are key features of this property?
This property features: Duplex with 2,030 square feet; Each unit has 3 bedrooms and 2 full bathrooms; Open‑concept living, dining, and kitchen areas in both units
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