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428 Rhode Island st
Houston, TX 77029
Houston Duplex Investment | Strong Rental · Multifamily Property For Sale
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2 Units
Investment Highlights
- Brand-new 2026 construction
- Lease-up opportunity for increased yield
- Flexible use (STR, LTR, owner-occupant)
- High-quality builder finishes
- Located in emerging submarket
Executive Summary
Modern duplex opportunity at 428 Rhode Island offering two units with 3 bedrooms and 2 bathrooms each, designed with brand new finishes and a sleek, contemporary feel throughout. Each unit features spacious bedrooms, spa-inspired bathrooms, and ambient lighting that creates a warm and elevated living experience. The layout includes one unit upstairs and one downstairs, ideal for flexibility and privacy. Conveniently located with quick access to major highways, making commuting throughout Houston simple and efficient. Property includes a private driveway and functional layout perfect for both owner-occupants and investors. Great opportunity to house hack by living in one unit and renting the other, or fully lease both units to build your rental portfolio in a prime, high-demand area.
Property Facts
| Price Per Unit | $250,906 CAD | Apartment Style | Townhome |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.81% | Lot Size | 0.06 AC |
| Sale Condition | Build to Suit | Building Size | 2,374 SF |
| No. Units | 2 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2026 |
| Zoning | Duplex / Multifamily - Duplex / Multifamily | ||
| Price Per Unit | $250,906 CAD |
| Sale Type | Investment |
| Cap Rate | 6.81% |
| Sale Condition | Build to Suit |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 2,374 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 2026 |
| Zoning | Duplex / Multifamily - Duplex / Multifamily |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $2,440 CAD | 1,187 |
| 3+2 | 2 | $2,440 CAD | 1,187 |
Property Taxes
| Parcel Number | 0141100080031 | Improvements Assessment | $0 CAD |
| Land Assessment | $64,273 CAD | Total Assessment | $64,273 CAD |
Property Taxes
Parcel Number
0141100080031
Land Assessment
$64,273 CAD
Improvements Assessment
$0 CAD
Total Assessment
$64,273 CAD
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