Renovated Duplex in
138 DUNNING AVE San Antonio, TX 78210
138 DUNNING AVE, San Antonio, TX, 78210
$519,000
For Sale
$519,000
MULTI_FAMILY - San Antonio, TX
Property Size1,911 SF
Lot Size0.15 Acres
Price / SF$271.59
Days on Market37
Property Features for 138 DUNNING AVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,911 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8785
Utilities
- Cooling system
- Zoned
Building Details
- Year built
- 1948
Listing agency
Devora Realty
(512) 961-9084
Listed by
Nathan Young
(512) 400-4248
Added: Jun 16 Checked: Jul 22 at 9:06AM
MLS# 1942893
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.
138 Dunning Ave is a beautifully renovated duplex in Southtown. The property includes two separate units, each updated with refreshed kitchens and baths, updated flooring, and contemporary fixtures throughout. With an efficient layout designed to support either long-term tenants, short-term rental use (buyer to verify), or owner-occupancy, the home is positioned to generate rental income while remaining move-in ready.
Located in San Antonio’s 78210 area, the duplex is described as being just minutes from the Blue Star Arts Complex and the River Walk. The remarks also note proximity to restaurants, coffee shops, and downtown San Antonio, along with easy access to major highways for commuting.
For buyers and tenants seeking a ready-to-occupy residential income property, this duplex offers a straightforward two-unit configuration with modernized interior updates. It may also fit “house-hack” scenarios where an owner occupies one unit and leases the other for supplemental income. Seller financing is offered as low as 1.99, and the property sits on a 0.15-acre lot with 1,911 square feet of total building area. Please review all terms and confirm any short-term rental eligibility directly during diligence.
Located in San Antonio’s 78210 area, the duplex is described as being just minutes from the Blue Star Arts Complex and the River Walk. The remarks also note proximity to restaurants, coffee shops, and downtown San Antonio, along with easy access to major highways for commuting.
For buyers and tenants seeking a ready-to-occupy residential income property, this duplex offers a straightforward two-unit configuration with modernized interior updates. It may also fit “house-hack” scenarios where an owner occupies one unit and leases the other for supplemental income. Seller financing is offered as low as 1.99, and the property sits on a 0.15-acre lot with 1,911 square feet of total building area. Please review all terms and confirm any short-term rental eligibility directly during diligence.
Key Highlights
- Renovated duplex with updated kitchens and baths, refreshed flooring, and contemporary fixtures in both units
- Zoned cooling and built in 1948
- Southtown duplex located minutes from Blue Star Arts Complex and the River Walk
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 | $33.3k | $17.40 |
| − Vacancy | −$1.8k | −$0.96 |
| EGI | $31.4k | $16.44 |
| − OpEx | −$9.4k | −$4.93 |
| NOI | $22.0k | $11.51 |
1,911 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$314.2K
$275.0K – $366.6K
NOI $21,996 @ 7.0% cap · market cap 4.24%
Second Best
Apartment 5plus
$278.9K
$244.0K – $325.4K
NOI $19,521 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$487.5K
$426.5K – $568.7K
NOI $34,122 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Renovated two-unit duplex with updated kitchens and baths, suited for rental or owner-occupancy near Southtown.
Where is this duplex located?
The property is located at 138 DUNNING AVE San Antonio, TX.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Renovated duplex with updated kitchens and baths, refreshed flooring, and contemporary fixtures in both units; Zoned cooling and built in 1948; Southtown duplex located minutes from Blue Star Arts Complex and the River Walk
