Townhome-Style
For Sale
$950,000
107 Claremont Ave, San Antonio, TX 78209
Three attached residential units offer open layouts, private garages, and flexible traditional or furnished rental use.
Property Size3,718 SF
Price / SF$255.51
Days on Market76
Property Features for 107 Claremont Ave
General Information
Standard status
Active
Size
3,718 SF
Total Parking Spaces
3
Property subtype
Multi-Family
Net Operating Income
$29,666
Site & Location
Neighborhood
Midtown
Units
Unit Mix
3 x 2BR/2.5BA
Multifamily Units
3
Parking per Unit
1
Additional Details
Gross Income
$70,298
Building Details
Year Built
2018
Listing Agency:
Phyllis Browning Company
Listed By:
David Abrahams · License #719953
(253) 310-1973
Source:
Mlsluxurygroup
Added: Aug 15
Changed: Oct 26
Last Checked: Oct 7 at 1:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Phyllis Browning Company
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Investment Insights
Based on property information with market context.
Constructed in 2018, this 3-unit property includes three 2-story, townhome-style residences totaling 3,718 SF. Each unit contains 2 bedrooms, 2.5 baths, open-concept living areas, granite countertops, stainless steel appliances, and a private 1-car garage. Individually metered utilities serve the units.
The property is located in San Antonio’s Mahncke Park, with Broadway, the Pearl District, and downtown nearby. Its configuration supports traditional leasing as well as furnished or short-term rental use; one unit currently operates as an Airbnb. The building was constructed by Imagine Homes, identified in the source information as an ENERGY STAR and Build San Antonio Green certified builder.
The property is located in San Antonio’s Mahncke Park, with Broadway, the Pearl District, and downtown nearby. Its configuration supports traditional leasing as well as furnished or short-term rental use; one unit currently operates as an Airbnb. The building was constructed by Imagine Homes, identified in the source information as an ENERGY STAR and Build San Antonio Green certified builder.
Key Highlights
- 3‑unit property with three 2‑story townhome‑style residences
- 3,718 SF total building area, constructed in 2018
- Each unit includes 2 bedrooms, 2.5 baths, and a private 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,795
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,900
$855.9K
Cap Rate 7%
$611,357
$611.4K
Cap Rate 9%
$475,500
$475.5K
Market Conditions
NOI Build-Up for 3,718 SF
Gross rent
$64.7K $17.40/SF
− Vacancy
−$3.6K −$0.96/SF
EGI
$61.1K $16.44/SF
− OpEx
−$18.3K −$4.93/SF
NOI
$42.8K $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%
$855,900
Cap Rate 7%
$611,357
Cap Rate 9%
$475,500
Alternative Uses
Best Use
Multifamily LT 5
$611.4K
$534.9K – $713.3K
NOI $42,795 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$542.6K
$474.7K – $633.0K
NOI $37,979 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$948.4K
$829.9K – $1.11M
NOI $66,388 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,012
Businesses Nearby
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Business Placement
Demographics for 78209, TX
42,456
Population
22,771
Households
1.9
Avg Household Size
40
Median Age
62%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
4,162
Density / Sq Mi
$84,180
Median Household Income
$57,921
Median Earnings
$1,371
Median Rent
$497,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three attached residential units offer open layouts, private garages, and flexible traditional or furnished rental use.
Where is this triplex located?
The property is located at 107 Claremont Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 3‑unit property with three 2‑story townhome‑style residences; 3,718 SF total building area, constructed in 2018; Each unit includes 2 bedrooms, 2.5 baths, and a private 1‑car garage
