Well-Maintained Duplex with Two
New
For Sale
$213,900
502 S San Manuel St, San Antonio, TX 78237
MULTI_FAMILY - San Antonio, TX
Property Size1,611 SF
Lot Size0.14 Acres
Price / SF$132.77
Days on Market3
Property Features for 502 S San Manuel St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4
Elementary school
Las Palmas
Middle school
Gus Garcia
High school
John F Kennedy
Elementary school district
Edgewood I.S.D
Middle school district
Edgewood I.S.D
High school district
Edgewood I.S.D
Subdivision
0700
Standard status
Active
Size
1,611 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
3248
Building Details
Year built
1950
Listing Agency:
StepStone Realty LLC
(512) 213-0195
Listed By:
Kenneth Valente
(512) 587-7989
Added: Jul 31
Changed: Aug 1
Last Checked: Aug 2 at 12:06AM
MLS# 2004761
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 well-maintained duplex offers two separate units in an R-4 zoning setting. Each unit features a functional layout with private entrances, supporting practical separation between living spaces. One of the two units is already rented, providing immediate rental continuity for an investor or owner-occupant.
The property is located at 502 S San Manuel St in San Antonio, near downtown San Antonio and close to major highways, shopping, dining, schools, and area employers, with convenient access to daily needs and commuting routes. The lot is 0.141 acres, and the property size is 1,611 square feet.
Built in 1950, the duplex also includes additional lot space that may allow for adding another 500 sqft unit. Room dimensions, schools, and other property details should be verified.
The property is located at 502 S San Manuel St in San Antonio, near downtown San Antonio and close to major highways, shopping, dining, schools, and area employers, with convenient access to daily needs and commuting routes. The lot is 0.141 acres, and the property size is 1,611 square feet.
Built in 1950, the duplex also includes additional lot space that may allow for adding another 500 sqft unit. Room dimensions, schools, and other property details should be verified.
Key Highlights
- 0.141‑acre duplex lot in R‑4 zoning
- 1,611 square feet total property size
- Built in 1950
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 | $28.0k | $17.40 |
| − Vacancy | −$1.5k | −$0.96 |
| EGI | $26.5k | $16.44 |
| − OpEx | −$7.9k | −$4.93 |
| NOI | $18.5k | $11.51 |
1,611 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$264.9K
$231.8K – $309.1K
NOI $18,543 @ 7.0% cap · market cap 8.67%
Second Best
Apartment 5plus
$235.1K
$205.7K – $274.3K
NOI $16,456 @ 7.0% cap · market cap 7.69%
Theoretical Best
Office A
$410.9K
$359.6K – $479.4K
NOI $28,766 @ 7.0% cap · market cap 13.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
50%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
732
Businesses Nearby
Explore this area
Business Placement
Demographics for 78237, TX
36,019
Population
12,998
Households
2.8
Avg Household Size
35
Median Age
6%
College-Educated
64%
High-School Grad
7.1 sq mi
ZIP Area
5,073
Density / Sq Mi
$40,233
Median Household Income
$27,038
Median Earnings
$987
Median Rent
$103,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex in R-4 zoning with two separate units, private entrances, and one unit currently rented.
Where is this duplex located?
The property is located at 502 S San Manuel St San Antonio, TX.
What is the asking price?
The asking price for this property is $213,900.
What are key features of this property?
This property features: 0.141‑acre duplex lot in R‑4 zoning; 1,611 square feet total property size; Built in 1950
