Historic Triplex with Owner
For Sale
$499,900
141 E Woodlawn Ave, San Antonio, TX 78212
Three living spaces combine a primary residence with two apartments and separately metered electricity.
Property Size2,797 SF
Price / SF$178.73
Days on Market61
Property Features for 141 E Woodlawn Ave
General Information
Standard status
Active
Size
2,797 SF
Property subtype
Multi-Family
Building Details
Year Built
1920
Listing Agency:
Devora Realty
Listed By:
Johnny Devora · License #607532
(512) 961-9084
Source:
Pomparealtygroupsa
Added: Aug 17
Changed: Oct 11
Last Checked: Oct 16 at 6:03AM
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 Devora Realty
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Investment Insights
Based on property information with market context.
Located at 141 E Woodlawn Ave in San Antonio, this 2,797-square-foot triplex dates to 1920 and contains three distinct living spaces. The layout includes a three-bedroom, one-bath main residence plus two one-bedroom, one-bath apartments. Wood floors, a covered balcony, patio, and period architectural details remain part of the property’s character.
Recent work has addressed the roof, foundation, plumbing, HVAC, balcony, steps, and parking areas, while additional modernization remains possible. Electricity is separately metered for each unit; water is supplied through one meter and allocated among tenants according to each unit’s pro rata square-footage share. Extra Fine, La Fonda on Main, The Pearl, Downtown, Trinity University, San Antonio College, San Pedro Springs Park, and Midtown dining and entertainment are nearby.
Recent work has addressed the roof, foundation, plumbing, HVAC, balcony, steps, and parking areas, while additional modernization remains possible. Electricity is separately metered for each unit; water is supplied through one meter and allocated among tenants according to each unit’s pro rata square-footage share. Extra Fine, La Fonda on Main, The Pearl, Downtown, Trinity University, San Antonio College, San Pedro Springs Park, and Midtown dining and entertainment are nearby.
Key Highlights
- 2,797‑square‑foot triplex built in 1920
- Three‑bedroom, one‑bath primary residence plus two one‑bedroom, one‑bath apartments
- Updates include roof, foundation, plumbing, HVAC, balcony, steps, and parking areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,194
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$643,880
$643.9K
Cap Rate 7%
$459,914
$459.9K
Cap Rate 9%
$357,711
$357.7K
Market Conditions
NOI Build-Up for 2,797 SF
Gross rent
$48.7K $17.40/SF
− Vacancy
−$2.7K −$0.96/SF
EGI
$46.0K $16.44/SF
− OpEx
−$13.8K −$4.93/SF
NOI
$32.2K $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%
$643,880
Cap Rate 7%
$459,914
Cap Rate 9%
$357,711
Alternative Uses
Best Use
Multifamily LT 5
$459.9K
$402.4K – $536.6K
NOI $32,194 @ 7.0% cap · market cap 6.44%
Second Best
Apartment 5plus
$408.2K
$357.1K – $476.2K
NOI $28,571 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$713.5K
$624.3K – $832.4K
NOI $49,943 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,511
Businesses Nearby
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Business Placement
Demographics for 78212, TX
26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three living spaces combine a primary residence with two apartments and separately metered electricity.
Where is this triplex located?
The property is located at 141 E Woodlawn Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2,797‑square‑foot triplex built in 1920; Three‑bedroom, one‑bath primary residence plus two one‑bedroom, one‑bath apartments; Updates include roof, foundation, plumbing, HVAC, balcony, steps, and parking areas
