Four-Unit Residential
For Sale
$525,000
215 Blanco, San Antonio, TX 78212
Multi-Family (2-8 Units), San Antonio, TX
Property Size3,213 SF
Lot Size0.17 Acres
Price / SF$163.40
Days on Market201
Property Features for 215 Blanco
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C-3NA
Elementary school
Beacon Hill
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
APN
030330040110
Size
3,213 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
8145
Amenities
central HVAC
covered parking
Building Details
Year built
1920
Listing Agency:
Keller Williams City-View · Keller Williams Realty
Listed By:
Danny Charbel · License #582344
(210) 696-9996
Added: Apr 15
Changed: Oct 26
Last Checked: Nov 1 at 3:06PM
MLS# 1888438
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.
This four-unit residential property contains 3,213 square feet, with two apartments on each level. Central HVAC serves the building, and covered parking at the rear is accompanied by storage. Constructed in 1920, the property sits on a 0.17-acre parcel and carries C-3NA zoning.
The address is 215 Blanco in San Antonio, approximately 2 miles from downtown. San Pedro Springs Park is also identified as a nearby destination.
The address is 215 Blanco in San Antonio, approximately 2 miles from downtown. San Pedro Springs Park is also identified as a nearby destination.
Key Highlights
- Four units arranged as two apartments on each floor
- 3,213 square feet on a 0.17‑acre parcel
- Central HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,982
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,640
$739.6K
Cap Rate 7%
$528,314
$528.3K
Cap Rate 9%
$410,911
$410.9K
Market Conditions
NOI Build-Up for 3,213 SF
Gross rent
$55.9K $17.40/SF
− Vacancy
−$3.1K −$0.96/SF
EGI
$52.8K $16.44/SF
− OpEx
−$15.8K −$4.93/SF
NOI
$37.0K $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%
$739,640
Cap Rate 7%
$528,314
Cap Rate 9%
$410,911
Alternative Uses
Best Use
Multifamily LT 5
$528.3K
$462.3K – $616.4K
NOI $36,982 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$468.9K
$410.3K – $547.0K
NOI $32,820 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$819.6K
$717.1K – $956.2K
NOI $57,371 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,158
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Two-story configuration includes central HVAC and covered parking with storage.
Where is this quadplex located?
The property is located at 215 Blanco San Antonio, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Four units arranged as two apartments on each floor; 3,213 square feet on a 0.17‑acre parcel; Central HVAC
