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Historic Two-Unit Duplex
For Sale
$473,900

210 E Lullwood Ave, San Antonio, TX 78212

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

Property Size1,872 SF
Lot Size0.15 Acres
Price / SF$253.15
Days on Market201

Property Features for 210 E Lullwood Ave

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Travis
Middle school Mark Twain
High school Edison
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
Size 1,872 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Annual Amount 11870

Utilities

Cooling system Central Air

Amenities

backyard
storage shed

Building Details

Year built 1920
Listing Agency: Premier Realty Group Platinum
Listed By: Meredith Dunn
Added: Apr 15 Changed: Aug 19 Last Checked: Nov 1 at 7:06PM
MLS# 1909431

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.

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Investment Insights

Based on property information with market context.

Built in 1920, this masonry-and-stone duplex contains 1,872 square feet arranged as two residences, each with 2 bedrooms and 1 bathroom. Both units feature spacious rooms, large windows, original hardwood flooring, ceramic tile, and updated elements. A roof replacement completed in 2020 adds a recent major improvement, while dual central HVAC systems and individual electric and gas meters support separate unit operation.

The property includes a large backyard, storage shed, and onsite parking, with additional pad and street parking. It is located at 210 E Lullwood Ave in San Antonio’s Monte Vista historic district, near Trinity University, the University of the Incarnate Word, San Antonio College, The Pearl, downtown, shops, and restaurants.

Key Highlights

  • Two units, each configured with 2 beds and 1 bath
  • 1,872 square feet of living space
  • Roof replaced in 2020

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,547
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,940 $430.9K
Cap Rate 7%
$307,814 $307.8K
Cap Rate 9%
$239,411 $239.4K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$32.6K $17.40/SF
− Vacancy
−$1.8K −$0.96/SF
EGI
$30.8K $16.44/SF
− OpEx
−$9.2K −$4.93/SF
NOI
$21.5K $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%
$430,940
Cap Rate 7%
$307,814
Cap Rate 9%
$239,411

Alternative Uses

Best Use
Multifamily LT 5
$307.8K
$269.3K – $359.1K (±1% cap)
NOI $21,547 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$273.2K
$239.0K – $318.7K (±1% cap)
NOI $19,122 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$477.5K
$417.8K – $557.1K (±1% cap)
NOI $33,426 @ 7.0% cap · market cap 7.05%
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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,104
Businesses Nearby

Demographics for 78212, TX

26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
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 - Separate utility metering and dual central HVAC support independent unit operations.
Where is this duplex located?
The property is located at 210 E Lullwood Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $473,900.
What are key features of this property?
This property features: Two units, each configured with 2 beds and 1 bath; 1,872 square feet of living space; Roof replaced in 2020
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