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33960628
33958856

4808 Lingonberry Street, Houston, TX 77033-3514

$625,000
3 days on market
Updated 3 days ago
Opportunity zone

Luxury Build-to-Rent Duplex | Houston | New Construction

Details
APN 085-287-001-0002
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Apartment Building
Square Footage 3,558
Units 2
Beds 9
Tenancy Vacant
Rent Bumps No
Pro-Forma Cap Rate 6.24%
Price per SqFt $189
Class A
Year Built 2026
Buildings 1
Stories 2
Acreage 0.079
Zoning Res-Duplex
Parking Spaces 4 spaces
Parking per 1,000 SqFt 1.12
Investment Type Core+

Multifamily | 2 Units | $312,500/unit

Marketing description

New Construction | Never Occupied | Build-to-Rent Investment Opportunity

Leak Properties is pleased to present this newly constructed luxury duplex located in Houston's growing South Park/Sunnyside area. Purpose-built for today's rental market, this turnkey multifamily property offers modern design, spacious floor plans, and strong income potential for investors seeking long-term value.

Each residence features approximately 1,779 square feet with 4 bedrooms, 2.5 bathrooms, open-concept living areas, luxury vinyl plank flooring, contemporary cabinetry, stainless steel appliances, energy-efficient construction, and premium finishes throughout. Combined, the property offers approximately 3,558 square feet of living space designed to attract quality long-term tenants.

Based on current market conditions, the property has a projected rental potential of approximately $2,500 per month per unit, representing approximately $60,000 in projected annual gross rental income once fully leased.

As a newly completed property that has never been occupied, investors have the flexibility to establish their own tenant base, determine lease terms, and begin generating income without the renovation costs or deferred maintenance commonly associated with older multifamily properties.

Large four-bedroom rental homes continue to experience strong demand throughout the Houston market, making this property well-positioned for long-term occupancy and appreciation. Whether you are a buy-and-hold investor, completing a 1031 exchange, or expanding your real estate portfolio, this duplex offers an outstanding opportunity to acquire a quality, low-maintenance investment in one of Houston's developing residential corridors.

Floor plans, survey, and additional property information are available upon request. Contact the listing broker for additional details or to schedule a private tour.

Built by a local developer committed to quality construction and functional design, this property was developed with both tenant comfort and long-term investment performance in mind.

Investment highlights

A rare opportunity to acquire a newly constructed, never-occupied duplex designed for today's build-to-rent market, offering immediate lease-up potential and long-term appreciation.

Investment Highlights

  • Brand-New Construction – Never occupied, with modern finishes and minimal maintenance.
  • Two Spacious 4BR / 2.5BA Residences – Approximately 1,779 SF per unit (3,558 SF total).
  • Projected Gross Rental Income of Approximately $60,000 Annually – Based on projected market rents of approximately $2,500 per unit per month.
  • Immediate Lease-Up Opportunity – Move-in ready with no renovation or rehabilitation required.
  • Build-to-Rent Investment Opportunity – Purpose-built to meet growing demand for large, high-quality rental housing.
  • Premium Interior Finishes – Luxury vinyl plank flooring, stainless steel appliances, contemporary cabinetry, and open-concept floor plans.
  • Low-Maintenance Investment – New construction reduces near-term capital improvement and repair costs.
  • Private Entrances & Individual Driveways – Offers tenants the comfort and privacy of single-family living.
  • Located in Houston's Growing South Park/Sunnyside Redevelopment Area – Positioned to benefit from ongoing neighborhood investment and redevelopment.
  • Ideal for Buy-and-Hold Investors or 1031 Exchange Buyers – A turnkey multifamily opportunity offering immediate leasing potential and long-term wealth-building.

Listing Contacts

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