Remodeled Two-Unit
For Sale
$599,900
614 E Mulberry, San Antonio, TX 78212
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,911 SF
Lot Size0.20 Acres
Price / SF$313.92
Days on Market185
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
Listed By:
Lyn Wolff
(210) 844-8683
Added: Apr 15
Changed: Aug 26
Last Checked: Oct 16 at 1:06PM
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.
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Investment Insights
Based on property information with market context.
Built in 1927, this 1,911-square-foot duplex contains two residences, each configured with two bedrooms, two bathrooms, and a private primary suite. Recent remodeling includes HVAC, electrical, plumbing, and appliance improvements. The property also includes central air conditioning, a backyard with a mature pecan tree, a carriage house, and additional parking.
Located at 614 E Mulberry in San Antonio’s Monte Vista area, the property is minutes from Trinity University and downtown San Antonio. The 0.195-acre site is positioned for an owner-occupant, short-term rental use, or income-producing operation. Plans are available for an expansion involving additional units, and furnishings are negotiable.
Located at 614 E Mulberry in San Antonio’s Monte Vista area, the property is minutes from Trinity University and downtown San Antonio. The 0.195-acre site is positioned for an owner-occupant, short-term rental use, or income-producing operation. Plans are available for an expansion involving additional units, and furnishings are negotiable.
Key Highlights
- 1,911‑square‑foot duplex on a 0.195‑acre lot
- Two units, each with 2 bedrooms and 2 bathrooms
- Private primary suite in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,996
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,920
$439.9K
Cap Rate 7%
$314,229
$314.2K
Cap Rate 9%
$244,400
$244.4K
Market Conditions
NOI Build-Up for 1,911 SF
Gross rent
$33.3K $17.40/SF
− Vacancy
−$1.8K −$0.96/SF
EGI
$31.4K $16.44/SF
− OpEx
−$9.4K −$4.93/SF
NOI
$22.0K $11.51/SF
Area
San Antonio, TX
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,920
Cap Rate 7%
$314,229
Cap Rate 9%
$244,400
Alternative Uses
Best Use
Multifamily LT 5
$314.2K
$275.0K – $366.6K
NOI $21,996 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$278.9K
$244.0K – $325.4K
NOI $19,521 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$487.5K
$426.5K – $568.7K
NOI $34,122 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
946
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes two bedrooms, two bathrooms, and a private primary suite.
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 $599,900.
What are key features of this property?
This property features: 1,911‑square‑foot duplex on a 0.195‑acre lot; Two units, each with 2 bedrooms and 2 bathrooms; Private primary suite in each residence
