Duplex Near I-10
1419 Alametos San Antonio, TX 78201
1419 Alametos, San Antonio, TX, 78201
$247,000
For Sale
$247,000
Duplex with convenient access to I-10 and proximity to Downtown and shopping.
Property Size1,462 SF
Price / SF$168.95
Days on Market829
Property Features for 1419 Alametos
General Information
- Standard status
- Active
- Size
- 1,462 SF
- Property subtype
- Multi-Family / One Story
Building Details
- Year Built
- 1947
Listing agency
Engel & Volkers San Antonio
(210) 393-1978
Listed by
Abel Anguiano
(210) 393-1978
Source
Compass
Added: Apr 15, 2024 Updated: Jul 21 at 8:05PM Checked: Jul 22 at 8:40AM
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 Engel & Volkers San Antonio
Investment Insights
Based on property information with market context.
This duplex at 1419 Alametos in San Antonio, TX 78201 offers a two-unit residential income configuration. The property is presented for sale and is described as a duplex opportunity that may appeal to a variety of occupancy or rental approaches.
According to the public remarks, the location provides easy and quick access to I-10, with closeness to Downtown and shopping. The remarks also note potential for short-term rental use, including Airbnb-style occupancy, while also referencing the possibility of long-term tenants.
Please review the offering details for the specific unit layout and terms associated with the sale.
According to the public remarks, the location provides easy and quick access to I-10, with closeness to Downtown and shopping. The remarks also note potential for short-term rental use, including Airbnb-style occupancy, while also referencing the possibility of long-term tenants.
Please review the offering details for the specific unit layout and terms associated with the sale.
Key Highlights
- Duplex built in 1947 with proposed financing options including conventional, 1st seller carry, wraparound, and cash
- Investor‑friendly: investors OK with options such as 20% down and a 7.5% interest rate (per proposed terms)
- Convenient access to I‑10 and close to Downtown and shopping (per listing remarks)
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 | $25.4k | $17.40 |
| − Vacancy | −$1.4k | −$0.96 |
| EGI | $24.0k | $16.44 |
| − OpEx | −$7.2k | −$4.93 |
| NOI | $16.8k | $11.51 |
1,462 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$240.4K
$210.4K – $280.5K
NOI $16,828 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$213.3K
$186.7K – $248.9K
NOI $14,934 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$372.9K
$326.3K – $435.1K
NOI $26,105 @ 7.0% cap · market cap 10.57%
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 - Duplex with convenient access to I-10 and proximity to Downtown and shopping.
Where is this duplex located?
The property is located at 1419 Alametos San Antonio, TX.
What is the asking price?
The asking price for this property is $247,000.
What are key features of this property?
This property features: Duplex built in 1947 with proposed financing options including conventional, 1st seller carry, wraparound, and cash; Investor‑friendly: investors OK with options such as 20% down and a 7.5% interest rate (per proposed terms); Convenient access to I‑10 and close to Downtown and shopping (per listing remarks)