Updated Duplex on Corner
971 Chalmers Ave San Antonio, TX 78211
For Sale
$218,400
MULTI_FAMILY - San Antonio, TX
Property Size1,592 SF
Lot Size0.29 Acres
Price / SF$137.19
Days on Market9
Property Features for 971 Chalmers Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-5
- Standard status
- Active
- Size
- 1,592 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4691
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1947
Listing Agency:
eXp Realty
(888) 519-7431
Listed By:
Tyler Moore
(888) 519-7431
Added: Jul 17
Changed: Jul 18
Last Checked: Jul 25 at 6:06AM
MLS# 1966744
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 updated duplex offers a flexible layout with functional interiors and two separate units. One unit is currently tenant occupied for immediate rental income, while the second unit is vacant and ready for an owner occupant or additional tenant. Improvements include updated plumbing, sewer, and electrical work, along with a Ring security system. Foundation/plumbing work and related warranty information are available.
The property is located at 971 Chalmers Ave in San Antonio, TX 78211, on a spacious 0.29-acre corner lot with mature trees. The corner placement supports accessibility and curb appeal, and the large lot provides outdoor space and ample parking.
Zoned R-5, the duplex is positioned near shopping, dining, schools, and major roadways, supporting practical day-to-day convenience for occupants.
The property is located at 971 Chalmers Ave in San Antonio, TX 78211, on a spacious 0.29-acre corner lot with mature trees. The corner placement supports accessibility and curb appeal, and the large lot provides outdoor space and ample parking.
Zoned R-5, the duplex is positioned near shopping, dining, schools, and major roadways, supporting practical day-to-day convenience for occupants.
Key Highlights
- Updated duplex built in 1947 in the Harlandale NW area of San Antonio.
- 0.29‑acre corner lot with mature trees and outdoor space.
- One unit tenant occupied for immediate rental income; second unit vacant and ready for occupancy.
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 | $27.7k | $17.40 |
| − Vacancy | −$1.5k | −$0.96 |
| EGI | $26.2k | $16.44 |
| − OpEx | −$7.9k | −$4.93 |
| NOI | $18.3k | $11.51 |
1,592 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$261.8K
$229.1K – $305.4K
NOI $18,324 @ 7.0% cap · market cap 8.39%
Second Best
Apartment 5plus
$232.3K
$203.3K – $271.0K
NOI $16,262 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$406.1K
$355.3K – $473.8K
NOI $28,426 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Updated duplex with one tenant-occupied unit and one vacant unit on a corner lot with mature trees.
Where is this duplex located?
The property is located at 971 Chalmers Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $218,400.
What are key features of this property?
This property features: Updated duplex built in 1947 in the Harlandale NW area of San Antonio.; 0.29‑acre corner lot with mature trees and outdoor space.; One unit tenant occupied for immediate rental income; second unit vacant and ready for occupancy.
