1101 Frankie St Houston, TX 77015
This fully renovated Houston duplex, located at 1101 Frankie St, 77015, presents a compelling investment opportunity. The 1,456 square foot property is a Class B, one-story building featuring two units, each with two bedrooms and one bathroom. Currently operating at 50% occupancy, each unit rents for $1,100 per month. Extensive renovations completed in 2023 and 2024 include new fencing and gates, gutters, doors, appliances (ranges and refrigerators), blinds, carpeting, and bathroom fixtures (Unit 1 fully renovated, Unit 2 with a new tub). The roof was inspected and maintained in July 2023 by Roofmax, with a warranty provided. The property boasts ample parking and a convenient location near shopping, restaurants, and major highways. Ideal for house hacking or immediate cash flow generation. The seller reports the property has never flooded. This 100% ownership opportunity is priced at $250,000. All information is deemed reliable but should be independently verified.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.