40-Unit Duplex Portfolio | Houston, Texas
List Price: $4,000,000
Gross Monthly Rent Roll: $42,471
Gross Annual Income: $509,652
Net Operating Income (NOI): $356,756
Cap Rate: 8.92%
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Investment Overview
Presenting a rare opportunity to acquire a stabilized 40-unit multifamily portfolio in Houston, Texas. One of the nation’s strongest and most landlord-friendly markets. This asset is comprised of 20 side-by-side duplexes, each featuring identical 2-bedroom, 1-bath units. The property offers operational simplicity, consistent rent collections, and a strong in-place return with additional upside potential.
This is a true turnkey cash-flow investment, ideal for both institutional and private buyers seeking steady income and long-term appreciation in a rapidly growing metro.
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Property Highlights
• Total Units: 40 (20 duplex buildings)
• Unit Mix: All 2 Bed / 1 Bath
• Current Rent Roll: $42,471 / month
• Gross Annual Income: $509,652
• Net Operating Income (NOI): $356,756
• List Price: $4,000,000
• Price per Unit: $100,000
• Cap Rate: 8.92%
• Occupancy: Stabilized and performing
• Utilities: Separately metered (confirm)
• Construction: Low-maintenance duplex design
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Investment Highlights
• Immediate, stabilized cash flow with nearly 9% cap rate
• Located in a high-demand Houston submarket with continued rent growth
• Simple, uniform unit mix streamlines management and maintenance
• Opportunity for rent increases or light value-add improvements
• Strong local employment base and population growth driving demand
• Attractive entry point at $100K per door in the Houston MSA
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Location
Positioned within the Houston metropolitan area, this portfolio benefits from proximity to major job centers, schools, and retail corridors. Houston’s expanding economy, diverse employment base, and steady population influx make it one of the nation’s most resilient rental markets.
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Summary
The 40-Unit Duplex Portfolio offers investors a compelling blend of cash flow, scalability, and stability. With a strong in-place NOI of $356,756 and a cap rate of 8.92%, this Houston-area asset is perfectly positioned for continued performance and long-term growth.
Please contact Madison Mencke at (360) 219-5051 to receive the Rent Roll and Financials.