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32316731
32316755

428 Rhode Island Street, Houston, TX 77029

AL
TX TX 736740
NetWorth Builders
Listed by NetWorth Builders
$365,000
30 days on market
Updated 30 days ago

Houston Duplex Investment | STR + LTR Opportunity

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,374
Net Rentable (SqFt) 2,374
Units 2
Cap Rate 6.81%
Pro-Forma Cap Rate 6.81%
Pro-Forma NOI $24,854
Price per SqFt $154
Class B
Year Built 2026
Buildings 1
Stories 2
Lot Size (SqFt) 2,500
Zoning Duplex / Multifamily
Parking Spaces per key
Investment Type Value Add
Ownership 100%

Houston Income Property | Strong Rent Potential

Marketing description

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.

Investment highlights

  • Brand-new 2026 construction
  • High-quality builder finishes
  • Lease-up opportunity for increased yield
  • Located in emerging submarket
  • Flexible use (STR, LTR, owner-occupant)

Listing Contacts

AL
TX TX 736740
NetWorth Builders
Listed by NetWorth Builders

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Additional Information

Name
ADEWALE LAWAL
License
TX 736740
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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