1920s Duplex Bungalow with Carriage
For Sale
$639,000
614 E Mulberry, San Antonio, TX 78212
MULTI_FAMILY - San Antonio, TX
Property Size1,911 SF
Lot Size0.20 Acres
Price / SF$334.38
Days on Market113
Property Features for 614 E Mulberry
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
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
Size
1,911 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Annual Amount
11239
Utilities
Cooling system
Central Air
Building Details
Year built
1927
Listing Agency:
Texas Premier Realty
(210) 844-8683
Listed By:
Lyn Wolff
(210) 844-8683
Added: Apr 15
Changed: Aug 2
Last Checked: Aug 5 at 8:06AM
MLS# 1955383
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.
Charming 1920s bungalow duplex built in 1927 on a 0.195-acre lot. The recently remodeled layout provides two units, each offering two bedrooms and two bathrooms, including a private primary suite. Central air cooling is in place. Major updates include new HVAC, electrical, plumbing, and appliances.
A spacious backyard complements the home, featuring a mature pecan tree, a carriage house, and additional parking. The property is located at 614 E Mulberry in San Antonio, in the Monte Vista area, just minutes from Trinity University and downtown San Antonio.
The configuration supports an owner-occupant plan, short-term rental use, or an income-producing setup. Plans are available if you want to explore expanding with additional units. Furnishings are negotiable.
A spacious backyard complements the home, featuring a mature pecan tree, a carriage house, and additional parking. The property is located at 614 E Mulberry in San Antonio, in the Monte Vista area, just minutes from Trinity University and downtown San Antonio.
The configuration supports an owner-occupant plan, short-term rental use, or an income-producing setup. Plans are available if you want to explore expanding with additional units. Furnishings are negotiable.
Key Highlights
- Duplex bungalow built in 1927 on a 0.195‑acre lot
- Two remodeled units with 2 bedrooms and 2 bathrooms each, including a private primary suite
- Major updates include new HVAC, electrical, plumbing, and appliances
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 | $33.3k | $17.40 |
| − Vacancy | −$1.8k | −$0.96 |
| EGI | $31.4k | $16.44 |
| − OpEx | −$9.4k | −$4.93 |
| NOI | $22.0k | $11.51 |
1,911 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$314.2K
$275.0K – $366.6K
NOI $21,996 @ 7.0% cap · market cap 3.44%
Second Best
Apartment 5plus
$278.9K
$244.0K – $325.4K
NOI $19,521 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$487.5K
$426.5K – $568.7K
NOI $34,122 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,136
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Recently remodeled duplex with two 2-bedroom, 2-bath units, central air, and a spacious backyard plus carriage house.
Where is this duplex located?
The property is located at 614 E Mulberry San Antonio, TX.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Duplex bungalow built in 1927 on a 0.195‑acre lot; Two remodeled units with 2 bedrooms and 2 bathrooms each, including a private primary suite; Major updates include new HVAC, electrical, plumbing, and appliances
