Duplex with Ceramic
For Sale
$230,000
1369 Oblate, San Antonio, TX 78216
Two-unit residential property with an open layout and nearby bus service.
Property Size1,680 SF
Price / SF$136.90
Days on Market87
Property Features for 1369 Oblate
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Multifamily Units
2
Building Details
Year Built
1958
Listing Agency:
Vortex Realty
Listed By:
Jesse Sanchez
(210) 647-6557
Source:
Drialtor
Added: Jul 26
Changed: Oct 11
Last Checked: Oct 7 at 3:39PM
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 Vortex Realty
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Investment Insights
Based on property information with market context.
This duplex offers 1,680 square feet of residential space with an open floor plan and ceramic tile finishes. The property was built in 1958 and is described as income producing.
Located at 1369 Oblate in San Antonio, the property has nearby access to a bus line and sits in a private setting. The address is in ZIP Code 78216.
Located at 1369 Oblate in San Antonio, the property has nearby access to a bus line and sits in a private setting. The address is in ZIP Code 78216.
Key Highlights
- 1,680 SF duplex
- Built in 1958
- Open floor plan with ceramic tile
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,337
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,740
$386.7K
Cap Rate 7%
$276,243
$276.2K
Cap Rate 9%
$214,856
$214.9K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$29.2K $17.40/SF
− Vacancy
−$1.6K −$0.96/SF
EGI
$27.6K $16.44/SF
− OpEx
−$8.3K −$4.93/SF
NOI
$19.3K $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%
$386,740
Cap Rate 7%
$276,243
Cap Rate 9%
$214,856
Alternative Uses
Best Use
Multifamily LT 5
$276.2K
$241.7K – $322.3K
NOI $19,337 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$245.2K
$214.5K – $286.0K
NOI $17,161 @ 7.0% cap · market cap 7.46%
Theoretical Best
Office A
$428.5K
$375.0K – $500.0K
NOI $29,998 @ 7.0% cap · market cap 13.04%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
794
Businesses Nearby
Explore this area
Business Placement
Demographics for 78216, TX
40,172
Population
22,138
Households
1.8
Avg Household Size
37
Median Age
34%
College-Educated
90%
High-School Grad
14.1 sq mi
ZIP Area
2,849
Density / Sq Mi
$55,488
Median Household Income
$38,591
Median Earnings
$1,211
Median Rent
$281,700
Median Home Value
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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 - Two-unit residential property with an open layout and nearby bus service.
Where is this duplex located?
The property is located at 1369 Oblate San Antonio, TX.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 1,680 SF duplex; Built in 1958; Open floor plan with ceramic tile
