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Updated Duplex with Garages
For Sale
$240,000

7018 Silver Canyon, San Antonio, TX 78244

Two separate residences offer private outdoor space, fireplaces, laundry connections, and flexible occupancy at closing.

Property Size1,932 SF
Price / SF$124.22
Days on Market59

Property Features for 7018 Silver Canyon

General Information

Standard status Active
Size 1,932 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence Home needs TLC

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

high ceilings
fireplace
garage
washer/dryer hookups
fenced backyard

Building Details

Year Built 1984
Buildings 1
Listing Agency: Doerr Realty
Listed By: Michelle Doerr
Source: Kingdomtxrealty
Added: Aug 12 Changed: Sep 9 Last Checked: Oct 7 at 1:41PM

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 Doerr Realty

Investment Insights

Based on property information with market context.

This 1,932-square-foot duplex in San Antonio contains two residences, each with two bedrooms, one bathroom, a one-car garage, washer and dryer hookups, high ceilings, and a fireplace. Both units also have fenced backyards. The property was built in 1984 and will be delivered vacant at closing, allowing the next owner to occupy one or both units without an existing tenancy in place.

Unit 1 received 2025 improvements including interior paint, kitchen countertops, a bathroom vanity, and vinyl flooring. Unit 2 received interior paint in January 2026, while its flooring was updated in 2023. The property is offered as-is and needs TLC, with repairs remaining for the next owner to address.

Key Highlights

  • Two‑unit duplex totaling 1,932 SF
  • Each unit includes 2 bedrooms and 1 bathroom
  • One‑car garage and washer/dryer hookups for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,735
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,700 $394.7K
Cap Rate 7%
$281,929 $281.9K
Cap Rate 9%
$219,278 $219.3K
Market Conditions
NOI Build-Up for 1,932 SF
Gross rent
$38.3K $19.80/SF
− Vacancy
−$2.4K −$1.23/SF
EGI
$35.9K $18.57/SF
− OpEx
−$16.1K −$8.36/SF
NOI
$19.7K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,700
Cap Rate 7%
$281,929
Cap Rate 9%
$219,278

Alternative Uses

Best Use
Multifamily LT 5
$317.7K
$278.0K – $370.6K (±1% cap)
NOI $22,238 @ 7.0% cap · market cap 9.27%
Second Best
Apartment 5plus
$281.9K
$246.7K – $328.9K (±1% cap)
NOI $19,735 @ 7.0% cap · market cap 8.22%
Theoretical Best
Office A
$492.8K
$431.2K – $575.0K (±1% cap)
NOI $34,497 @ 7.0% cap · market cap 14.37%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair Skin Care Clinic

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

380
Businesses Nearby

Demographics for 78244, TX

35,801
Population
12,978
Households
2.8
Avg Household Size
33
Median Age
24%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
4,773
Density / Sq Mi
$67,789
Median Household Income
$36,788
Median Earnings
$1,552
Median Rent
$195,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 separate residences offer private outdoor space, fireplaces, laundry connections, and flexible occupancy at closing.
Where is this duplex located?
The property is located at 7018 Silver Canyon San Antonio, TX.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,932 SF; Each unit includes 2 bedrooms and 1 bathroom; One‑car garage and washer/dryer hookups for each unit
More about this property
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