Duplex with Central
For Sale
$230,000
1369 Oblate, San Antonio, TX 78216
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,680 SF
Price / SF$136.90
Days on Market123
Property Features for 1369 Oblate
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Call District
Middle school
Call District
High school
Call District
Elementary school district
San Antonio I.S.D.
Middle school district
San Antonio I.S.D.
High school district
San Antonio I.S.D.
Subdivision
0900
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
(210) 647-6557
Listed By:
Jesse Sanchez
(210) 867-7700
Added: Jun 20
Changed: Sep 16
Last Checked: Oct 20 at 5:06AM
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.
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Investment Insights
Based on property information with market context.
This duplex contains 1,680 square feet and was built in 1958. Interior features include an open floor plan, ceramic tile, and central air conditioning. The property’s two-unit configuration provides a clearly defined multifamily format for residential use.
Located at 1369 Oblate in San Antonio, the property is near bus service and is situated within ZIP Code 78216. The address is in Bexar County, with access to surrounding San Antonio amenities and services.
Located at 1369 Oblate in San Antonio, the property is near bus service and is situated within ZIP Code 78216. The address is in Bexar County, with access to surrounding San Antonio amenities and services.
Key Highlights
- Duplex configuration with 1,680 square feet
- Central air conditioning
- 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 featuring an open interior layout, ceramic tile, and convenient access to 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: Duplex configuration with 1,680 square feet; Central air conditioning; Open floor plan with ceramic tile
