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Recently Rehabbed Triplex
For Sale
$249,500

826 SCHLEY AVE, San Antonio, TX 78210

MULTI_FAMILY - San Antonio, TX

Property Size1,760 SF
Lot Size0.14 Acres
Price / SF$141.76
Days on Market17

Property Features for 826 SCHLEY AVE

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 1900
Standard status Active
Size 1,760 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 5077

Building Details

Year built 1928
Listing Agency: Real Broker, LLC
Listed By: Lance Duran
Added: Jul 14 Changed: Jul 15 Last Checked: Jul 30 at 3:06PM
MLS# 1942095

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 for-sale triplex includes three separate, self-contained units, each positioned to operate independently. The property has been recently rehabbed and is described as being in excellent condition, with renovated interiors and modern finishes throughout. With all three units currently rented, the setup offers an investor-friendly, income-producing configuration.

Located at 826 Schley Ave in San Antonio’s Highland Park area, the property sits on a 0.14-acre lot and totals 1,760 square feet, per the provided information.

Ideal for buyers seeking a small multifamily asset with a straightforward three-unit structure, this triplex is presented as fully occupied and recently updated.

Key Highlights

  • 1928‑built triplex with three separate, self‑contained units
  • All three units are currently rented
  • Property is described as recently rehabbed

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 $30.6k $17.40
− Vacancy −$1.7k −$0.96
EGI $28.9k $16.44
− OpEx −$8.7k −$4.93
NOI $20.3k $11.51
1,760 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$289.4K
$253.2K – $337.6K (±1% cap)
NOI $20,258 @ 7.0% cap · market cap 8.12%
Second Best
Apartment 5plus
$256.8K
$224.7K – $299.6K (±1% cap)
NOI $17,978 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$448.9K
$392.8K – $523.8K (±1% cap)
NOI $31,426 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby

Demographics for 78210, TX

33,010
Population
14,410
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
4,522
Density / Sq Mi
$51,990
Median Household Income
$33,271
Median Earnings
$1,119
Median Rent
$172,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Triplex with three self-contained, recently renovated units currently fully occupied and producing rental income.
Where is this triplex located?
The property is located at 826 SCHLEY AVE San Antonio, TX.
What is the asking price?
The asking price for this property is $249,500.
What are key features of this property?
This property features: 1928‑built triplex with three separate, self‑contained units; All three units are currently rented; Property is described as recently rehabbed
More about this property
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