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Newer Duplex with Two 2BR Units

2902 S Laredo St San Antonio, TX 78207

Claim this Listing
For Sale
$370,000

MULTI_FAMILY - San Antonio, TX

Property size:
2,025 SF
Lot size:
0.10 Acres
Price / SF:
$182.72/SF
Added:
Jun 9, 2026
Days on Market:
36
Last Refresh:
Jul 14 at 6:06 am

Property Features for 2902 S Laredo St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MF-33
Standard status
Active
Size
2,025 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Annual Amount
6084

Utilities

Cooling system
Central Air

Building Details

Year built
2022

Listing agent Uri Uriah License #9002555

Listing office Uriah Real Estate Organization 3000 W IH 10, San Antonio, TX

Listing date Jun 9, 2026

MLS# 1990291 Listing URL

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.

2902 S Laredo St is a duplex featuring two residential units constructed in 2022. Each unit is laid out with two bedrooms and two bathrooms, with modern finishes and functional floor plans designed for day-to-day living. The property also includes separate utility meters, which can simplify tenant billing and help distinguish each unit’s operating costs.

The duplex is zoned MF-33, supporting multifamily use. It’s located on San Antonio’s West Side and is described as being minutes from Downtown, with connectivity to I-35, I-10, and US-90. The surrounding area is characterized in the listing remarks as near parks, retail, dining, and ongoing redevelopment.

For buyers seeking a newer multifamily asset, this property provides a straightforward two-unit configuration with matched 2-bedroom, 2-bath layouts. Separate metering supports independent utility management between units, while the duplex structure allows operators to manage two tenants under one ownership platform. The 2022 construction timing and modern interior approach may also be appealing to investors focused on maintaining a contemporary residential product.

Key Highlights

  • 2022‑built duplex with two residential units
  • Each unit offers a 2‑bedroom, 2‑bathroom layout
  • Central air cooling

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 $35.2k $17.40
− Vacancy −$1.9k −$0.96
EGI $33.3k $16.44
− OpEx −$10.0k −$4.93
NOI $23.3k $11.51
2,025 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$333.0K
$291.4K – $388.5K (±1% cap)
NOI $23,308 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$295.5K
$258.6K – $344.8K (±1% cap)
NOI $20,685 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$516.5K
$452.0K – $602.6K (±1% cap)
NOI $36,158 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Spa & Massage Center Hair Salon Law Firm Nail Salon Dental Office Skin Care Clinic Daycare Center Building Supply HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Built in 2022, this duplex offers two 2-bedroom, 2-bath units with separate utility meters for streamlined ownership.
Where is this duplex located?
The property is located at 2902 S Laredo St San Antonio, TX.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 2022‑built duplex with two residential units; Each unit offers a 2‑bedroom, 2‑bathroom layout; Central air cooling
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More about this property
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