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4314 Stassen St - Cash-Flowing Duplex | Houston Investment Deal 2 Unit Apartment Building Offered at $627,774 CAD at a 6.51% Cap Rate Houston, TX 77051
Investment Highlights
- Already leased (rare for new construction)
- Multiple exit strategies (STR / LTR / resale)
- Located in appreciating submarket
- Strong Houston rental demand
- Ideal for house hacking
Executive Summary
TWO GUARANTEED TENANTS! Modern new-construction property with a clean, contemporary design and quality finishes throughout. Features 3 bedrooms and 2 bathrooms per side which makes it ideal for investors or owner-occupants looking to house hack by living in one unit while renting the other, or utilizing one or both units as short-term (Airbnb) or long-term rentals. Open-concept living spaces feature abundant natural light, wide-plank flooring, recessed lighting, and sleek ceiling fans. Each kitchen offers quartz countertops, European-style cabinetry, stainless steel appliances, a gas range, and an oversized island. Spacious bedrooms and modern bathrooms feature designer finishes, with the primary bath showcasing a walk-in shower with a glass enclosure. Fully fenced with private driveways, this property is conveniently located near major highways, downtown Houston, and the Medical Center, offering strong rental potential in a rapidly growing area.
Property Facts
| Price | $627,774 CAD | Apartment Style | Garden |
| Price Per Unit | $313,887 CAD | Building Size | 2,420 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 6.51% | No. Stories | 1 |
| Sale Condition | Build to Suit | Year Built | 2025 |
| No. Units | 2 | Opportunity Zone |
Yes
|
| Property Type | Multifamily | ||
| Zoning | Residential (Duplex) - Residential (Duplex) | ||
| Price | $627,774 CAD |
| Price Per Unit | $313,887 CAD |
| Sale Type | Investment |
| Cap Rate | 6.51% |
| Sale Condition | Build to Suit |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Building Size | 2,420 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
| Zoning | Residential (Duplex) - Residential (Duplex) |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $2,838 CAD | 1,210 |
| 3+2 | 2 | $2,838 CAD | 1,210 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 0641550000010 | Improvements Assessment | $25,614 CAD |
| Land Assessment | $96,199 CAD | Total Assessment | $121,813 CAD |
Property Taxes
Parcel Number
0641550000010
Land Assessment
$96,199 CAD
Improvements Assessment
$25,614 CAD
Total Assessment
$121,813 CAD
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4314 Stassen St - Cash-Flowing Duplex | Houston Investment Deal
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