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4929 Wilmington St
Houston, TX 77033
Income-Producing Duplex with Immediate Rental · Multifamily Property For Sale
·
2 Units
Investment Highlights
- Duplex = dual income streams
- Strong Houston rental demand
- Ideal for house hacking or BRRRR strategy
- STR + LTR flexibility
- Value-add upside through rent optimization
- Located in a growing Houston submarket
Executive Summary
Stunning 2024 modern duplex featuring luxurious finishes and a prime location just 10 minutes from the Medical Center and 20 minutes from Downtown Houston. Each unit offers 1,719 sq. ft. of spacious living with 3 bedrooms, 2.5 bathrooms, an open-concept layout, and elegant tile flooring throughout—no carpet. The kitchens are equipped with ample cabinetry, oversized islands, and stainless steel appliances. Additional highlights include chimney, wood accents, LED lighting, and a luxurious primary suite with a private balcony, walk-in closet, and spa-style bathroom with a rain shower. One unit is already rented to start collecting rent from day one while to other is vacant for the owner to live in one unit if needed. With a low tax rate and high-end design, this is a turn-key investment opportunity in a prime location.
Wale Lawal
REALTOR | INVESTOR, LPT Realty, LLC
(832) 776-9582 (m)
wale@networthbuilders.com
Wale Lawal
REALTOR | INVESTOR, LPT Realty, LLC
(832) 776-9582 (m)
wale@networthbuilders.com
Property Facts
| Price Per Unit | $371,204 CAD | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 3,438 SF |
| Cap Rate | 4.66% | Average Occupancy | 50% |
| Sale Condition | Build to Suit | No. Stories | 2 |
| No. Units | 2 | Year Built | 2025 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Apartment Style | Garden | ||
| Zoning | Residential (Duplex) - Residential (Duplex) | ||
| Price Per Unit | $371,204 CAD |
| Sale Type | Investment |
| Cap Rate | 4.66% |
| Sale Condition | Build to Suit |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Lot Size | 0.28 AC |
| Building Size | 3,438 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
| Zoning | Residential (Duplex) - Residential (Duplex) |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 3 | $2,612 CAD | 1,719 |
Property Taxes
| Parcel Number | 0751990110026 | Improvements Assessment | $0 CAD |
| Land Assessment | $137,483 CAD | Total Assessment | $137,483 CAD |
Property Taxes
Parcel Number
0751990110026
Land Assessment
$137,483 CAD
Improvements Assessment
$0 CAD
Total Assessment
$137,483 CAD
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