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Brand New Turnkey Duplex Nr Downtown Houston 5602 Pershing St 2 Unit Apartment Building $499,900 ($249,950/Unit) 5.40% Cap Rate Houston, TX 77033
Investment Highlights
- Brand-new duplex Two income-producing units
- Open-concept floor plans
- Low maintenance new construction
- Waterfall kitchen island
- Private fenced backyard
- Excellent long-term appreciation potential
Executive Summary
Modern new-construction duplex located in one of Houston's fastest-growing investment corridors. This beautifully designed property offers two spacious units featuring luxury finishes, soaring ceilings, quartz countertops, waterfall kitchen islands, spa-inspired bathrooms, abundant natural light, private fenced outdoor space, and a gated driveway.
Located approximately 8 minutes from the Texas Medical Center and 11 minutes from Downtown Houston, the property offers exceptional accessibility to major employment hubs, universities, entertainment venues, and medical facilities. Investors can capitalize on strong rental demand through long-term rentals, mid-term housing, or short-term accommodations (subject to local regulations).
Located approximately 8 minutes from the Texas Medical Center and 11 minutes from Downtown Houston, the property offers exceptional accessibility to major employment hubs, universities, entertainment venues, and medical facilities. Investors can capitalize on strong rental demand through long-term rentals, mid-term housing, or short-term accommodations (subject to local regulations).
Property Facts
| Price | $499,900 | Property Subtype | Apartment |
| Price Per Unit | $249,950 | Building Class | C |
| Sale Type | Investment | Building Size | 2,672 SF |
| Cap Rate | 5.40% | No. Stories | 1 |
| Sale Condition | Build to Suit | Year Built | 2026 |
| No. Units | 2 | Opportunity Zone |
Yes
|
| Property Type | Multifamily |
| Price | $499,900 |
| Price Per Unit | $249,950 |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| Sale Condition | Build to Suit |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 2,672 SF |
| No. Stories | 1 |
| Year Built | 2026 |
| Opportunity Zone |
Yes |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
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Brand New Turnkey Duplex Nr Downtown Houston | 5602 Pershing St