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New-Construction Duplex
For Sale
$425,000

136 University Ave, San Antonio, TX 78201

Each residence offers three bedrooms, two full bathrooms, contemporary kitchens, and tiled baths.

Property Size2,523 SF
Price / SF$168.45
Days on Market8

Property Features for 136 University Ave

General Information

Standard status Active
Size 2,523 SF
Property subtype Residential Income

Site & Location

Neighborhood Uptown

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,227
Listing Agency: AXIS Brokerage
Listed By: Genevieve Cavazos
Source: Exprealty
Added: Oct 22 Changed: Oct 27 Last Checked: Oct 28 at 11:12AM

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 AXIS Brokerage

Rey
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Investment Insights

Based on property information with market context.

This duplex is planned with two residences, each containing three bedrooms and two full bathrooms. Together, the units comprise approximately 2,523 square feet. Interior details include stainless steel kitchen appliances, contemporary finishes, tiled bathrooms, and natural light. Construction remains underway, with completion to follow an accepted offer.

The property is in the Five Points area of Central San Antonio, near downtown, dining, shopping, and entertainment.

Key Highlights

  • Two residences, each with 3 bedrooms and 2 full bathrooms
  • Approximately 2,523 square feet of total living space
  • Stainless steel appliances, contemporary finishes, and tiled bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,040
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$580,800 $580.8K
Cap Rate 7%
$414,857 $414.9K
Cap Rate 9%
$322,667 $322.7K
Market Conditions
NOI Build-Up for 2,523 SF
Gross rent
$43.9K $17.40/SF
− Vacancy
−$2.4K −$0.96/SF
EGI
$41.5K $16.44/SF
− OpEx
−$12.4K −$4.93/SF
NOI
$29.0K $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%
$580,800
Cap Rate 7%
$414,857
Cap Rate 9%
$322,667

Alternative Uses

Best Use
Multifamily LT 5
$414.9K
$363.0K – $484.0K (±1% cap)
NOI $29,040 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$368.2K
$322.2K – $429.5K (±1% cap)
NOI $25,772 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$643.6K
$563.1K – $750.8K (±1% cap)
NOI $45,050 @ 7.0% cap · market cap 10.60%
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
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

874
Businesses Nearby

Demographics for 78201, TX

42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
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

Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers three bedrooms, two full bathrooms, contemporary kitchens, and tiled baths.
Where is this duplex located?
The property is located at 136 University Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 full bathrooms; Approximately 2,523 square feet of total living space; Stainless steel appliances, contemporary finishes, and tiled bathrooms
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