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Property profile & analytics
OFF-MARKET
Commercial real estate

7315 Iwo Jima Rd Houston, TX 77033

Built 2023
Property ID
US82-2286979
Property summary
AI-generated overview

This exceptional 2-unit duplex, built and renovated in 2023, presents a lucrative investment opportunity in Houston, Texas. Located at 7315 Iwo Jima Rd, 77033, this property offers unparalleled convenience with its proximity to the Medical Center and Downtown Houston, and easy access to Highways 610 and 288. Each of the two units boasts three spacious bedrooms and two and a half luxurious bathrooms, featuring high-end finishes throughout. The units are designed for comfortable living, with 10-foot ceilings, recessed lighting, sleek hardwood floors, granite countertops, stainless steel appliances, and crown molding. Additional upscale features include cabinet lighting, a pre-wired surround sound system, and a security system. Each unit includes three parking spaces and the property sits on a 6,552 square foot lot. The asking price is $540,000, representing a compelling value in the current market. The property is a Class B multifamily building, offering a strong potential for rental income, with each unit projected to rent for $2300 or more per month. A wrought iron gate enhances both security and curb appeal. This duplex is an ideal investment for both seasoned investors and those looking to house hack. The offer deadline is October 6th, 2024, at 5:00 PM.

Property profile
Verified
Property type Commercial real estate
Year built 2023
UPID US82-2286979
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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