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Fully Leased Duplex with Garages
For Sale
$300,000

14422 Hereford, San Antonio, TX 78217

Multi-Family (2-8 Units), San Antonio, TX

Property Size1,987 SF
Lot Size0.17 Acres
Price / SF$150.98
Days on Market216

Property Features for 14422 Hereford

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Northern Hills
Middle school Harris
High school Madison
Subdivision 1500
Standard status Active
Size 1,987 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 5714

Building Details

Year built 1983
Listing Agency: eXp Realty
Listed By: J.j. Gorena
Added: Mar 31 Changed: Aug 19 Last Checked: Nov 1 at 5:06PM
MLS# 1912871

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.

Rey
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Investment Insights

Based on property information with market context.

This duplex contains two leased residential units within a 1,987-square-foot property built in 1983. The unit mix includes a two-bedroom, one-bath residence and a three-bedroom, two-bath residence. Each unit has its own attached single-car garage, with additional parking available in the driveways. The outdoor areas are divided by privacy fencing, providing separate backyard spaces.

The property is located in northeast San Antonio, within the NEISD attendance area and associated with Madison High School. Both units are currently occupied, offering an established rental configuration for an investor or an owner seeking a property with separate residences. The lot encompasses 0.172 acres.

Key Highlights

  • Fully leased duplex with 1,987 square feet
  • Unit mix includes 2 bedrooms/1 bathroom and 3 bedrooms/2 bathrooms
  • Private attached single‑car garage for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,871
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,420 $457.4K
Cap Rate 7%
$326,729 $326.7K
Cap Rate 9%
$254,122 $254.1K
Market Conditions
NOI Build-Up for 1,987 SF
Gross rent
$34.6K $17.40/SF
− Vacancy
−$1.9K −$0.96/SF
EGI
$32.7K $16.44/SF
− OpEx
−$9.8K −$4.93/SF
NOI
$22.9K $11.51/SF
Area
San Antonio, TX
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,420
Cap Rate 7%
$326,729
Cap Rate 9%
$254,122

Alternative Uses

Best Use
Multifamily LT 5
$326.7K
$285.9K – $381.2K (±1% cap)
NOI $22,871 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$290.0K
$253.7K – $338.3K (±1% cap)
NOI $20,297 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$506.8K
$443.5K – $591.3K (±1% cap)
NOI $35,479 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

608
Businesses Nearby

Demographics for 78217, TX

33,562
Population
16,179
Households
2.1
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
10.1 sq mi
ZIP Area
3,323
Density / Sq Mi
$56,852
Median Household Income
$33,931
Median Earnings
$1,186
Median Rent
$216,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two occupied units offer private garages, driveway parking, and separately fenced backyard areas.
Where is this duplex located?
The property is located at 14422 Hereford San Antonio, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Fully leased duplex with 1,987 square feet; Unit mix includes 2 bedrooms/1 bathroom and 3 bedrooms/2 bathrooms; Private attached single‑car garage for each unit
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