Three-Unit Triplex
2311 EL PASO ST San Antonio, TX 78207
2311 EL PASO ST, San Antonio, TX, 78207
$200,000
For Sale
$200,000
MULTI_FAMILY - San Antonio, TX
Property Size528 SF
Lot Size0.09 Acres
Price / SF$378.79
Days on Market142
Property Features for 2311 EL PASO ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 528 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 0
Building Details
- Year built
- 1926
Listing agency
Keller Williams Heritage
(210) 493-3030
Listed by
Scott Malouff · License #658231
(210) 493-3030
Added: Mar 2 Updated: Apr 15 at 11:12AM Checked: Jul 22 at 7:06PM
MLS# 1827209
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 for-sale property is a three-unit triplex investment offering rental income potential. The asset is positioned as suitable for both long-term and short-term rental use, according to the listing remarks.
The property is located at 2311 EL PASO ST in San Antonio, TX 78207-5347 (Bexar County). The lot size is approximately 0.093 acres, and the property size is listed as 528 square feet.
The property is located at 2311 EL PASO ST in San Antonio, TX 78207-5347 (Bexar County). The lot size is approximately 0.093 acres, and the property size is listed as 528 square feet.
Key Highlights
- Three‑unit investment property near downtown San Antonio
- Year built: 1926
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 | $9.2k | $17.40 |
| − Vacancy | −$505 | −$0.96 |
| EGI | $8.7k | $16.44 |
| − OpEx | −$2.6k | −$4.93 |
| NOI | $6.1k | $11.51 |
528 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$86.8K
$76.0K – $101.3K
NOI $6,077 @ 7.0% cap · market cap 3.04%
Second Best
Apartment 5plus
$77.0K
$67.4K – $89.9K
NOI $5,393 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$134.7K
$117.9K – $157.1K
NOI $9,428 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - For-sale three-unit triplex investment property on a small lot in San Antonio.
Where is this triplex located?
The property is located at 2311 EL PASO ST San Antonio, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Three‑unit investment property near downtown San Antonio; Year built: 1926
