Duplex With Separate
For Sale
$244,000
1412 Whitman Ave, San Antonio, TX 78211
Two homes on one lot with separate gas and electric, shared water, and parking for each unit.
Property Size1,574 SF
Price / SF$155.02
Days on Market63
Property Features for 1412 Whitman Ave
General Information
Standard status
Active
Size
1,574 SF
Property subtype
Multi Family Home
Site & Location
Fenced Yard
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Amenities
privacy fence
Building Details
Building Size
1,574 SF
Year Built
1948
Tenancy
Multi
Listing Agency:
Full Spectrum Realty
(210) 287-5982
Listed By:
Terry Todd
(210) 287-5982
Source:
Southtexasrealtyservices
Added: Jun 1
Changed: Jul 26
Last Checked: Aug 1 at 1:10PM
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 Full Spectrum Realty
Investment Insights
Based on property information with market context.
Multi-family duplex featuring 2 individual homes on one lot. The property includes a 3-bedroom, 1-bath home (878 sq. ft.) and a 2-bedroom, 1-bath home (696 sq. ft.). Both units share water, while gas and electric are separate, supporting independent utility setups. The homes also include privacy fencing, with parking provided for each unit.
The current setup allows flexibility for an owner-occupant to live in one unit while renting the other for income. Unit 1 has been occupied for more than 5 years by the same tenant under an existing lease, with the lease expiration listed as 5.31.27. Unit 2 is unoccupied at the moment.
At 1412 Whitman Ave, San Antonio, TX 78211, the property is presented as a duplex option with ample on-site parking intended to accommodate multiple vehicles.
The current setup allows flexibility for an owner-occupant to live in one unit while renting the other for income. Unit 1 has been occupied for more than 5 years by the same tenant under an existing lease, with the lease expiration listed as 5.31.27. Unit 2 is unoccupied at the moment.
At 1412 Whitman Ave, San Antonio, TX 78211, the property is presented as a duplex option with ample on-site parking intended to accommodate multiple vehicles.
Key Highlights
- Multi‑family with 2 individual homes on one lot (live in one and rent the other).
- Separate gas and electric for each home; shared water between the two units.
- Home #1: 3 bed, 1 bath, 878 SF, currently occupied by a tenant with a lease expiring 5/31/27.
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 | $27.4k | $17.40 |
| − Vacancy | −$1.5k | −$0.96 |
| EGI | $25.9k | $16.44 |
| − OpEx | −$7.8k | −$4.93 |
| NOI | $18.1k | $11.51 |
1,574 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$258.8K
$226.5K – $302.0K
NOI $18,117 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$229.7K
$201.0K – $268.0K
NOI $16,078 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$401.5K
$351.3K – $468.4K
NOI $28,105 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
939
Businesses Nearby
Explore this area
Business Placement
Demographics for 78211, TX
29,976
Population
10,516
Households
2.9
Avg Household Size
35
Median Age
7%
College-Educated
63%
High-School Grad
10.2 sq mi
ZIP Area
2,939
Density / Sq Mi
$54,279
Median Household Income
$30,109
Median Earnings
$1,047
Median Rent
$110,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two homes on one lot with separate gas and electric, shared water, and parking for each unit.
Where is this duplex located?
The property is located at 1412 Whitman Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $244,000.
What are key features of this property?
This property features: Multi‑family with 2 individual homes on one lot (live in one and rent the other).; Separate gas and electric for each home; shared water between the two units.; Home #1: 3 bed, 1 bath, 878 SF, currently occupied by a tenant with a lease expiring 5/31/27.
