Universal City Fourplex For
For Sale
$476,000
554 Dukeway, Universal City, TX 78148
MULTI_FAMILY - Universal City, TX
Property Size4,672 SF
Lot Size0.27 Acres
Price / SF$101.88
Days on Market81
Property Features for 554 Dukeway
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Call District
Middle school
Call District
High school
Call District
Elementary school district
Judson
Middle school district
Judson
High school district
Judson
Subdivision
1600
Standard status
Active
Size
4,672 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Annual Amount
11350
Building Details
Year built
1983
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Sterling Williams
(214) 202-7615
Added: May 18
Changed: Jul 22
Last Checked: Aug 6 at 10:06AM
MLS# 1867604
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 fourplex in Universal City presents a value-add opportunity for investors or owner-occupants. The property includes four units. Each unit is separately metered for electricity. A shared water meter is in place, along with a RUBS system for utility reimbursement. Rents are currently under market, suggesting potential for increased returns through rent adjustments. The property's location offers convenient access to Randolph AFB, major highways, and retail areas. The lot size is 0.269 acres. The property size is 4,672 square feet. The property is located in Bexar County.
Key Highlights
- Value‑add fourplex with under‑market rents offering strong upside potential.
- Ideal for investors or owner‑occupants.
- All units separately metered for electricity.
Financial Insights For Apartment 5plus
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 | $84.1k | $18.00 |
| − Vacancy | −$6.3k | −$1.35 |
| EGI | $77.8k | $16.65 |
| − OpEx | −$35.0k | −$7.49 |
| NOI | $42.8k | $9.16 |
4,672 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$703.0K
$615.1K – $820.1K
NOI $49,208 @ 7.0% cap · market cap 10.34%
Second Best
Apartment 5plus
$611.2K
$534.8K – $713.1K
NOI $42,784 @ 7.0% cap · market cap 8.99%
Theoretical Best
Office A
$1.26M
$1.11M – $1.48M
NOI $88,515 @ 7.0% cap · market cap 18.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
Explore this area
Business Placement
Demographics for 78148, TX
21,569
Population
8,597
Households
2.5
Avg Household Size
37
Median Age
34%
College-Educated
96%
High-School Grad
9.6 sq mi
ZIP Area
2,247
Density / Sq Mi
$75,395
Median Household Income
$40,850
Median Earnings
$1,252
Median Rent
$249,400
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?
Quadplex - Value-add fourplex in Universal City, ideal for investors.
Where is this quadplex located?
The property is located at 554 Dukeway Universal City, TX.
What is the asking price?
The asking price for this property is $476,000.
What are key features of this property?
This property features: Value‑add fourplex with under‑market rents offering strong upside potential.; Ideal for investors or owner‑occupants.; All units separately metered for electricity.
