Residential Income Duplex
218 Pinckney Street San Antonio, TX 78209
218 Pinckney Street, San Antonio, TX, 78209
$1,350,000
For Sale
$1,350,000
Two side-by-side units offer 3 bedrooms and 3.5 baths, with private parking and a rooftop terrace.
Property Size3,812 SF
Price / SF$354.14
Days on Market775
Property Features for 218 Pinckney Street
General Information
- Standard status
- Active
- Size
- 3,812 SF
- Property subtype
- Multi-Family / Three Story
Building Details
- Year Built
- 2024
Listing agency
America Realty
(210) 317-7850
Listed by
Lourdes Jacques
(210) 317-7850
Source
Compass
Added: Jun 7, 2024 Updated: Jul 20 at 8:55PM Checked: Jul 21 at 6:42AM
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 America Realty
Investment Insights
Based on property information with market context.
This for-sale duplex consists of two side-by-side units designed like townhomes. Each unit includes 3 bedrooms, 3 full bathrooms, and an additional half bath. The layout features an open living, dining, and kitchen area with ample, well-lit interior space.
The property is situated across from the San Antonio Botanical Gardens. A rooftop terrace is located atop the condominium, providing outdoor space for views of the gardens. The setup also includes private parking for two vehicles.
The description also notes an annual membership that provides exclusive access to the Botanical Garden, including activities such as walking areas, picnic areas, and garden events.
The property is situated across from the San Antonio Botanical Gardens. A rooftop terrace is located atop the condominium, providing outdoor space for views of the gardens. The setup also includes private parking for two vehicles.
The description also notes an annual membership that provides exclusive access to the Botanical Garden, including activities such as walking areas, picnic areas, and garden events.
Key Highlights
- New 2024 construction with slab foundation and flat roofing
- Two side‑by‑side units (duplex‑style) with 3 bedrooms and 3.5 bathrooms per unit
- Double pane windows and ceramic tile and wood flooring
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 | $66.3k | $17.40 |
| − Vacancy | −$3.6k | −$0.96 |
| EGI | $62.7k | $16.44 |
| − OpEx | −$18.8k | −$4.93 |
| NOI | $43.9k | $11.51 |
3,812 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$626.8K
$548.5K – $731.3K
NOI $43,877 @ 7.0% cap · market cap 3.25%
Second Best
Apartment 5plus
$556.3K
$486.7K – $649.0K
NOI $38,939 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$972.4K
$850.8K – $1.13M
NOI $68,066 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two side-by-side units offer 3 bedrooms and 3.5 baths, with private parking and a rooftop terrace.
Where is this duplex located?
The property is located at 218 Pinckney Street San Antonio, TX.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: New 2024 construction with slab foundation and flat roofing; Two side‑by‑side units (duplex‑style) with 3 bedrooms and 3.5 bathrooms per unit; Double pane windows and ceramic tile and wood flooring
