San Antonio Duplex Renovation
For Sale
Under Contract
$178,000
1116 Gramercy, San Antonio, TX 78201
MULTI_FAMILY - San Antonio, TX
Property Size1,322 SF
Lot Size0.14 Acres
Price / SF$134.64
Days on Market29
Property Features for 1116 Gramercy
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Call District
Middle school
Call District
High school
Call District
Elementary school district
San Antonio I.S.D.
Middle school district
San Antonio I.S.D.
High school district
San Antonio I.S.D.
Subdivision
0900
Standard status
Active Under Contract
Size
1,322 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
4637
Building Details
Year built
1925
Listing Agency:
Premier Realty Group Platinum
(210) 641-1400
Listed By:
Gabriela Gonzalez
(210) 641-1400
Added: Jul 2
Changed: Jul 3
Last Checked: Jul 30 at 7:06PM
MLS# 1944604
Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in the heart of San Antonio, this duplex in Beacon Hill presents an investor opportunity. The property, situated on a 0.144-acre lot, is ready for a full renovation, offering potential for the right buyer. The 1,322 square-foot duplex can be restored as an income-producing property or converted into a single-family home. Requiring a complete remodel, this property is suited for investors, builders, or buyers seeking a project. The property allows for preserving the original charm or redesigning to meet current market demands. Minutes from downtown San Antonio, major highways, shopping, dining, and local attractions, the location is advantageous. Properties in Beacon Hill are known for their character, location, and long-term value. This property has not been rented in many years.
Key Highlights
- Prime location in the heart of San Antonio's Beacon Hill.
- Investor opportunity with potential for income‑producing duplex or single‑family conversion.
- Ideal for full renovation and remodel to match current market demand or preserve original charm.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.0k | $17.40 |
| − Vacancy | −$1.3k | −$0.96 |
| EGI | $21.7k | $16.44 |
| − OpEx | −$6.5k | −$4.93 |
| NOI | $15.2k | $11.51 |
1,322 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$217.4K
$190.2K – $253.6K
NOI $15,216 @ 7.0% cap · market cap 8.55%
Second Best
Apartment 5plus
$192.9K
$168.8K – $225.1K
NOI $13,504 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$337.2K
$295.1K – $393.4K
NOI $23,605 @ 7.0% cap · market cap 13.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,085
Businesses Nearby
Explore this area
Business Placement
Demographics for 78201, TX
42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex in Beacon Hill, ready for renovation near downtown.
Where is this duplex located?
The property is located at 1116 Gramercy San Antonio, TX.
What is the asking price?
The asking price for this property is $178,000.
What are key features of this property?
This property features: Prime location in the heart of San Antonio's Beacon Hill.; Investor opportunity with potential for income‑producing duplex or single‑family conversion.; Ideal for full renovation and remodel to match current market demand or preserve original charm.
