Two-Building Fourplex
10911 Baltic Drive San Antonio, TX 78213
10911 Baltic Drive, San Antonio, TX, 78213
$475,000
For Sale
$475,000
Well-maintained fourplex with two buildings, each offering 2 bed/2 bath units with washer and dryer hookups.
Property Size3,572 SF
Price / SF$132.98
Days on Market132
Property Features for 10911 Baltic Drive
General Information
- Standard status
- Active
- Size
- 3,572 SF
- Property subtype
- Multi-Family / One Story
Building Details
- Year Built
- 2009
Listing agency
Sophus Properties, LLC
(210) 219-3045
Listed by
Donna Crabtree · License #512451
(210) 219-3045
Source
Compass
Added: Mar 14 Updated: Jul 22 at 9:34AM Checked: Jul 22 at 9:34AM
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 Sophus Properties, LLC
Investment Insights
Based on property information with market context.
This well-maintained fourplex offers a practical, tenant-friendly layout with four spacious units arranged across two separate buildings on a very large lot. Each unit is configured with 2 bedrooms and 2 bathrooms and includes an open floor plan. Washer and dryer hookups are provided in every unit, and each unit also includes two dedicated parking spaces.
Tenants pay all utilities, which can help minimize operating expenses. The property is located in a North Central area within the NEISD school district.
From a configuration standpoint, the two-building design supports privacy while maintaining a straightforward four-unit structure, with dedicated parking and in-unit laundry hookups as key convenience features for residents.
Tenants pay all utilities, which can help minimize operating expenses. The property is located in a North Central area within the NEISD school district.
From a configuration standpoint, the two-building design supports privacy while maintaining a straightforward four-unit structure, with dedicated parking and in-unit laundry hookups as key convenience features for residents.
Key Highlights
- Well‑maintained 4‑plex built in 2009 with two separate buildings on a very large lot
- Each of the four units offers 2 bedrooms and 2 bathrooms with an open floor plan
- Washer and dryer hookup included in every unit
Local 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 | $62.2k | $17.40 |
| − Vacancy | −$3.4k | −$0.96 |
| EGI | $58.7k | $16.44 |
| − OpEx | −$17.6k | −$4.93 |
| NOI | $41.1k | $11.51 |
3,572 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$587.3K
$513.9K – $685.2K
NOI $41,114 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$521.2K
$456.1K – $608.1K
NOI $36,487 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$911.2K
$797.3K – $1.06M
NOI $63,781 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained fourplex with two buildings, each offering 2 bed/2 bath units with washer and dryer hookups.
Where is this quadplex located?
The property is located at 10911 Baltic Drive San Antonio, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Well‑maintained 4‑plex built in 2009 with two separate buildings on a very large lot; Each of the four units offers 2 bedrooms and 2 bathrooms with an open floor plan; Washer and dryer hookup included in every unit
