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Houston Quadplex Near 1% Rule Fully Occupied – $450k

4911 Delano St, Houston
ROI
12.25% IRR
Strategy
Long Term Rental
Four units total—two in the main duplex and two in the rear duplex. 100% occupied and grossing $4025 per month. Tenants pay their own utilities except water. Separate electric and gas meters, stable tenancy, and an excellent location near Herman Park, Museum District, and Medical Center. All four units are spacious 2-bedroom layouts with hardwood floors and appliances included. Taxes $11094.

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Houston Quadplex Near 1% Rule Fully Occupied – $450k

Listed 07/17/2025

4911 Delano St, Houston

Purchase Price:$450,000

Cash Outlay:$121,500

Cashflow:$114/mo

Cap Rate:6.08%

IRR:12.25%

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