San Antonio Multifamily Investment
1222 Gardina San Antonio, TX 78201
1222 Gardina, San Antonio, TX, 78201
$229,500
For Sale
$229,500
MULTI_FAMILY - San Antonio, TX
Property Size1,296 SF
Lot Size0.14 Acres
Price / SF$177.08
Days on Market102
Property Features for 1222 Gardina
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,296 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3782
Building Details
- Year built
- 1966
Listing Agency
Alamo Real Estate Brokers
(210) 340-4959
17503 La Cantera Prky.No. 104-, San Antonio, TX
Listed by
Michael Guerrero
(210) 415-3010
Added: Apr 11 Updated: Apr 15 at 11:18 am Checked: Jul 21 at 2:06 am
MLS# 1953580
Listing URL
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.
This multifamily property, located in San Antonio, TX, presents an investment opportunity in a super great location. The lot size of 0.135 acres offers the potential to add a second structure to maximize income. The property is centrally located, providing convenient access to various parts of the city and situated on a major bus line. The 1296 square feet property includes two units that typically rent very fast. Both units have undergone soft remodel updates, featuring new flooring, carpet, and refinished wood floors. The bathrooms have also received soft remodels with new fixtures. Updated electrical sub-panels, including switches, outlets, and fixtures, have been installed in both units. Each unit is equipped with a fridge and gas stove. Investor activity is increasing values for the block.
Key Highlights
- Large lot with potential to add a second structure for increased income
- Excellent location with increasing property values due to investor activity
- Centrally located with easy access to the city and major bus lines
Local 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 | $22.6k | $17.40 |
| − Vacancy | −$1.2k | −$0.96 |
| EGI | $21.3k | $16.44 |
| − OpEx | −$6.4k | −$4.93 |
| NOI | $14.9k | $11.51 |
1,296 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$213.1K
$186.5K – $248.6K
NOI $14,917 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$189.1K
$165.5K – $220.6K
NOI $13,238 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$330.6K
$289.3K – $385.7K
NOI $23,141 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Multifamily property with potential for additional structure and high rental demand.
Where is this duplex located?
The property is located at 1222 Gardina San Antonio, TX.
What is the asking price?
The asking price for this property is $229,500.
What are key features of this property?
This property features: Large lot with potential to add a second structure for increased income; Excellent location with increasing property values due to investor activity; Centrally located with easy access to the city and major bus lines
