Modern-Finish Duplex with
For Sale
$475,000
Ab-3225 Real St, Houston, TX 77087
Both leased units offer private entrances, fenced backyards, and attached garages.
Property Size2,432 SF
Price / SF$195.31
Days on Market39
Property Features for Ab-3225 Real St
General Information
Standard status
Active
Size
2,432 SF
Total Parking Spaces
2
Property subtype
Residential Income
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Nan & Company Properties - Corporate Office (Heights)
(346) 646-8823
Listed By:
Charlie Bingham · License #0779490
(346) 646-8823
Source:
Exprealty
Added: Jun 23
Changed: Jul 31
Last Checked: Jul 31 at 3:02PM
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 Nan & Company Properties - Corporate Office (Heights)
Investment Insights
Based on property information with market context.
This 2,432-square-foot duplex includes 2 leased units, each with a private entrance, 1-car attached garage, fenced backyard, and patio. The newer construction features modern finishes, wood vinyl plank flooring throughout, high ceilings, and a first-floor living area with a half bath. Kitchens include soft-closing storage, stainless-steel appliances, and granite counters. Both bedroom suites are located upstairs, with a utility room between them and a washer and dryer included.
The property is on a quiet street across from Brookline Park and Brookline Elementary School. I610 and I45 are both minutes away, with access to Hobby Airport, the Medical Center, the Museum District, and other destinations.
The property is on a quiet street across from Brookline Park and Brookline Elementary School. I610 and I45 are both minutes away, with access to Hobby Airport, the Medical Center, the Museum District, and other destinations.
Key Highlights
- 2,432‑square‑foot duplex with 2 leased units
- 1‑car attached garage, private entrance, fenced backyard, and patio per unit
- Wood vinyl plank flooring throughout with no carpet
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 | $48.2k | $19.80 |
| − Vacancy | −$2.6k | −$1.09 |
| EGI | $45.5k | $18.71 |
| − OpEx | −$13.7k | −$5.61 |
| NOI | $31.9k | $13.10 |
2,432 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$455.1K
$398.2K – $530.9K
NOI $31,854 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$393.6K
$344.4K – $459.2K
NOI $27,553 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$625.4K
$547.2K – $729.6K
NOI $43,776 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
789
Businesses Nearby
Explore this area
Business Placement
Demographics for 77087, TX
34,654
Population
12,400
Households
2.8
Avg Household Size
35
Median Age
12%
College-Educated
63%
High-School Grad
6.6 sq mi
ZIP Area
5,251
Density / Sq Mi
$53,624
Median Household Income
$32,927
Median Earnings
$1,015
Median Rent
$148,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both leased units offer private entrances, fenced backyards, and attached garages.
Where is this duplex located?
The property is located at Ab-3225 Real St Houston, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,432‑square‑foot duplex with 2 leased units; 1‑car attached garage, private entrance, fenced backyard, and patio per unit; Wood vinyl plank flooring throughout with no carpet
