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Duplex with Open Plan Living

1369 Oblate San Antonio, TX 78216

1369 Oblate, San Antonio, TX, 78216
$245,000
For Sale
$245,000

MULTI_FAMILY - San Antonio, TX

Property Size1,680 SF
Price / SF$145.83
Days on Market33

Property Features for 1369 Oblate

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Size
1,680 SF

Taxes and HOA fees

Tax Annual Amount
3741

Utilities

Cooling system
Central Air

Building Details

Year built
1958
Listing agency Vortex Realty
Listed by Jesse Sanchez
Added: Jun 19 Updated: Jun 20 at 2:01PM Checked: Jul 21 at 3:06PM
MLS# 1972464

Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This income-producing duplex offers an open floor plan with ceramic tile surfaces. The layout includes two bedrooms, providing practical living space in each unit and a straightforward configuration for day-to-day comfort.

Located in San Antonio, TX 78216 at 1369 Oblate, the property is positioned in an area described as private and secluded, while still offering nearby access to a bus line. The remarks also indicate the duplex is near everyday conveniences.

For buyers seeking a residential income property, this duplex’s two-bedroom design and open interior layout can appeal to a range of renters who want a functional, easy-to-manage floor plan. With access to public transit nearby and a more tucked-away feel per the listing description, the property may fit investors looking for a straightforward duplex within a well-connected part of town. Showings are available for qualified buyers.

Key Highlights

  • Income‑producing duplex
  • Central air conditioning
  • Open floor plan with ceramic tile

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 $29.2k $17.40
− Vacancy −$1.6k −$0.96
EGI $27.6k $16.44
− OpEx −$8.3k −$4.93
NOI $19.3k $11.51
1,680 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$276.2K
$241.7K – $322.3K (±1% cap)
NOI $19,337 @ 7.0% cap · market cap 7.89%
Second Best
Apartment 5plus
$245.2K
$214.5K – $286.0K (±1% cap)
NOI $17,161 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$428.5K
$375.0K – $500.0K (±1% cap)
NOI $29,998 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Daycare Center HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex for sale featuring an open floor plan and ceramic tile, with two bedrooms per unit.
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 $245,000.
What are key features of this property?
This property features: Income‑producing duplex; Central air conditioning; Open floor plan with ceramic tile
Contact an agent
More about this property
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