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Refreshed Duplex with Backyard
For Sale
$239,900

127 Dimmit St, San Antonio, TX 78223

Two-unit residential property featuring updated finishes in one unit and a spacious pantry in the other.

Days on Market10

Property Features for 127 Dimmit St

General Information

Standard status Active
Property subtype Multi Family Home

Taxes and HOA fees

Annual Taxes $3,734

Building Details

Building Size 1,472 SF
Year Built 1910
Buildings 1
Units 2
Tenancy Multi
Listing Agency: Mission Real Estate Group
Listed By: Joe Iley · License #0554437
Source: Southtexasrealtyservices
Added: Jul 24 Changed: Aug 2 Last Checked: Aug 2 at 3:29AM

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 Mission Real Estate Group

Investment Insights

Based on property information with market context.

Built in 1910, this duplex presents two distinct residential units with differing layouts. The left unit includes 2 bedrooms and 2 baths and has been refreshed with new texture, interior paint, and refurbished cabinets. The right unit provides 1 bedroom and 1 bath, along with a spacious pantry and a practical floor plan. The property also includes a backyard with substantial outdoor space. Located at 127 Dimmit St in San Antonio, the property offers a defined two-unit configuration with a mix of updated interior finishes and functional residential features.

Key Highlights

  • Duplex built in 1910
  • Left unit offers 2 bedrooms and 2 baths
  • Left unit refreshed with new texture, interior paint, and refurbished cabinets

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 $23.8k $16.20
− Vacancy −$2.3k −$1.54
EGI $21.6k $14.66
− OpEx −$6.5k −$4.40
NOI $15.1k $10.26
1,472 SF · lease $16.20/SF/yr · vacancy 9.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$215.8K
$188.8K – $251.8K (±1% cap)
NOI $15,107 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$187.4K
$164.0K – $218.6K (±1% cap)
NOI $13,116 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$354.0K
$309.7K – $413.0K (±1% cap)
NOI $24,779 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm HVAC Service Spa & Massage Center Pharmacy

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

Demographics for 78223, TX

55,705
Population
22,278
Households
2.5
Avg Household Size
35
Median Age
12%
College-Educated
78%
High-School Grad
40.9 sq mi
ZIP Area
1,362
Density / Sq Mi
$50,352
Median Household Income
$33,762
Median Earnings
$1,054
Median Rent
$156,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property featuring updated finishes in one unit and a spacious pantry in the other.
Where is this duplex located?
The property is located at 127 Dimmit St San Antonio, TX.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Duplex built in 1910; Left unit offers 2 bedrooms and 2 baths; Left unit refreshed with new texture, interior paint, and refurbished cabinets
More about this property
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