Duplex with Detached
For Sale
$394,500
127 Lorraine Ave, San Antonio, TX 78214
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,875 SF
Price / SF$210.40
Days on Market47
Property Features for 127 Lorraine Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Hillcrest
Middle school
Harris
High school
Burbank
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
3100
Standard status
Active
Size
1,875 SF
Taxes and HOA fees
Tax Annual Amount
6476
Utilities
Cooling system
Central Air
Amenities
in-ground sprinklers
patio
shed
hardwired security cameras
Wi-Fi access points
Ethernet cables
Spectrum coax
AT&T Fiber
Building Details
Year built
1920
Listing Agency:
Keller Williams Heritage · Keller Williams Realty
Listed By:
Erika Chapa
(210) 493-3030
Added: Sep 19
Changed: Oct 7
Last Checked: Nov 4 at 6:06AM
MLS# 2017750
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.
Two residences occupy one lot: a primary home and a detached studio-style casita. The main residence has two bedrooms, two bathrooms, an open layout, high ceilings, walk-in closets, and ceramic tile flooring. The casita includes a kitchen, bathroom, and walk-in closet. Both homes have quartz countertops, stainless steel appliances, modern fixtures, and laundry appliances and refrigerators.
Renovation work includes foundation repairs, updated electrical and plumbing, new windows, and new HVAC systems. A water softener serves both residences, and the property has a patio, landscaped grounds with front and rear in-ground sprinklers, a second driveway lane, and a shed with electrical outlets and two entrances. Security cameras and Wi-Fi access points are hardwired, with internet cabling routed to the laundry room. The property has no HOA and is described as steps from direct access to the San Antonio River.
Renovation work includes foundation repairs, updated electrical and plumbing, new windows, and new HVAC systems. A water softener serves both residences, and the property has a patio, landscaped grounds with front and rear in-ground sprinklers, a second driveway lane, and a shed with electrical outlets and two entrances. Security cameras and Wi-Fi access points are hardwired, with internet cabling routed to the laundry room. The property has no HOA and is described as steps from direct access to the San Antonio River.
Key Highlights
- Two separate residences on one lot, including a detached studio casita
- Foundation repairs carry a 5‑year warranty
- Updated electrical and plumbing, new windows, and new HVAC systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,581
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,620
$431.6K
Cap Rate 7%
$308,300
$308.3K
Cap Rate 9%
$239,789
$239.8K
Market Conditions
NOI Build-Up for 1,875 SF
Gross rent
$32.6K $17.40/SF
− Vacancy
−$1.8K −$0.96/SF
EGI
$30.8K $16.44/SF
− OpEx
−$9.2K −$4.93/SF
NOI
$21.6K $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%
$431,620
Cap Rate 7%
$308,300
Cap Rate 9%
$239,789
Alternative Uses
Best Use
Multifamily LT 5
$308.3K
$269.8K – $359.7K
NOI $21,581 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$273.6K
$239.4K – $319.2K
NOI $19,153 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$478.3K
$418.5K – $558.0K
NOI $33,480 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
529
Businesses Nearby
Explore this area
Business Placement
Demographics for 78214, TX
22,664
Population
8,447
Households
2.7
Avg Household Size
37
Median Age
9%
College-Educated
69%
High-School Grad
8.3 sq mi
ZIP Area
2,731
Density / Sq Mi
$41,334
Median Household Income
$31,397
Median Earnings
$934
Median Rent
$121,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate living spaces, updated systems, and a detached studio provide flexibility for household or guest use.
Where is this duplex located?
The property is located at 127 Lorraine Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $394,500.
What are key features of this property?
This property features: Two separate residences on one lot, including a detached studio casita; Foundation repairs carry a 5‑year warranty; Updated electrical and plumbing, new windows, and new HVAC systems
