San Antonio Duplex Investment
For Sale
$255,000
8814 Wilma Jean, San Antonio, TX 78224
MULTI_FAMILY - San Antonio, TX
Property Size1,725 SF
Lot Size0.22 Acres
Price / SF$147.83
Days on Market162
Property Features for 8814 Wilma Jean
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4
Elementary school
Call District
Middle school
Call District
High school
Call District
Elementary school district
Harlandale I.S.D
Middle school district
Harlandale I.S.D
High school district
Harlandale I.S.D
Subdivision
2100
Standard status
Active
Size
1,725 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Annual Amount
3503
Utilities
Cooling system
Central Air
Building Details
Year built
1985
Listing Agency:
Uriah Real Estate Organization
(830) 600-5263
Listed By:
Jennifer Corpus · License #TX 804877
(210) 315-8885
Added: Feb 18
Changed: Apr 15
Last Checked: Jul 30 at 1:06PM
MLS# 1939949
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 presents an investment opportunity on the Southside of San Antonio, free from HOA restrictions. The property features two separate units: one with a 3-bedroom layout and the second offering a 2-bedroom configuration. The setup is ideal to live in one unit and rent the other, or lease both units for immediate rental income. The property is conveniently located minutes from Palo Alto College and Texas A&M University-San Antonio, as well as nearby restaurants and shopping centers. The location benefits from strong and consistent tenant demand. The property, zoned R-4, is 1725 square feet in size and sits on a 0.216-acre lot. This is a solid option for investors seeking steady cash flow or owner-occupants looking to offset their mortgage while building long-term equity.
Key Highlights
- Excellent cash‑flow investment opportunity with no HOA restrictions.
- Well‑maintained duplex ideal for owner‑occupancy with rental income potential.
- Two separate units: one 3‑bedroom and one 2‑bedroom layout.
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 | $30.0k | $17.40 |
| − Vacancy | −$1.7k | −$0.96 |
| EGI | $28.4k | $16.44 |
| − OpEx | −$8.5k | −$4.93 |
| NOI | $19.9k | $11.51 |
1,725 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$283.6K
$248.2K – $330.9K
NOI $19,855 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$251.7K
$220.3K – $293.7K
NOI $17,621 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$440.0K
$385.0K – $513.4K
NOI $30,801 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Explore this area
Business Placement
Demographics for 78224, TX
21,759
Population
7,034
Households
3.1
Avg Household Size
31
Median Age
12%
College-Educated
76%
High-School Grad
15.3 sq mi
ZIP Area
1,422
Density / Sq Mi
$57,965
Median Household Income
$33,535
Median Earnings
$1,132
Median Rent
$138,800
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 - Well-maintained duplex near universities, ideal for investors or owner-occupants.
Where is this duplex located?
The property is located at 8814 Wilma Jean San Antonio, TX.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Excellent cash‑flow investment opportunity with no HOA restrictions.; Well‑maintained duplex ideal for owner‑occupancy with rental income potential.; Two separate units: one 3‑bedroom and one 2‑bedroom layout.