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Refreshed Duplex with Large Yard

127 DIMMIT ST, San Antonio, TX 78223

For Sale
$217,000

Multi-Family (2-8 Units), San Antonio, TX

Property Size1,472 SF
Lot Size0.16 Acres
Price / SF$147.42
Days on Market51

Property Features for 127 DIMMIT ST

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Riverside Park
Middle school Page Middle
High school Brackenridge
Elementary school district San Antonio I.S.D.
Middle school district San Antonio I.S.D.
High school district San Antonio I.S.D.
Subdivision 1900
Standard status Active
APN 032200150100
Size 1,472 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Annual Amount 4149

Building Details

Year built 1910
Listing Agency: Mission Real Estate Group
Listed By: Erik Serna-Hernandez
Added: Sep 20 Changed: Nov 2 Last Checked: Nov 9 at 9:06PM
MLS# 2017738

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.

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Investment Insights

Based on property information with market context.

This duplex contains 1,472 square feet across two separate units. Unit A includes 2 bedrooms and 2 full baths, with refreshed wall texture, new interior paint, and refurbished cabinetry. Unit B provides 1 bedroom, 1 bath, a spacious pantry, and functional living areas. Both units are described as ready for occupancy, while the property’s 0.161-acre lot includes a large backyard.

Built in 1910, the property is located in San Antonio, TX 78223, with access to major highways, shopping, dining, and everyday amenities. The two-unit configuration supports separate residential layouts within one income-producing property.

Key Highlights

  • Two separate residential units totaling 1,472 square feet
  • Unit A has 2 bedrooms, 2 full baths, new wall texture, fresh paint, and refurbished cabinetry
  • Unit B includes 1 bedroom, 1 bath, and a spacious pantry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,107
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,140 $302.1K
Cap Rate 7%
$215,814 $215.8K
Cap Rate 9%
$167,856 $167.9K
Market Conditions
NOI Build-Up for 1,472 SF
Gross rent
$23.8K $16.20/SF
− Vacancy
−$2.3K −$1.54/SF
EGI
$21.6K $14.66/SF
− OpEx
−$6.5K −$4.40/SF
NOI
$15.1K $10.26/SF
Area
ZIP 78223
Vacancy
9.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,140
Cap Rate 7%
$215,814
Cap Rate 9%
$167,856

Alternative Uses

Best Use
Multifamily LT 5
$215.8K
$188.8K – $251.8K (±1% cap)
NOI $15,107 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$187.4K
$164.0K – $218.6K (±1% cap)
NOI $13,116 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$354.0K
$309.7K – $413.0K (±1% cap)
NOI $24,779 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in San Antonio, TX

$194 Jul
$174 Aug
$181 Sep
$171 Oct

Properties on Market for Duplexes in San Antonio

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential income property with updated interiors, flexible layouts, and outdoor space for occupants.
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 $217,000.
What are key features of this property?
This property features: Two separate residential units totaling 1,472 square feet; Unit A has 2 bedrooms, 2 full baths, new wall texture, fresh paint, and refurbished cabinetry; Unit B includes 1 bedroom, 1 bath, and a spacious pantry
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