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Two-Unit Duplex with Separate Homes
For Sale
$244,000

1412 WHITMAN AVE, San Antonio, TX 78211

Multi-Family (2-8 Units), San Antonio, TX

Property Size1,574 SF
Lot Size0.22 Acres
Price / SF$155.02
Days on Market115

Property Features for 1412 WHITMAN AVE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R6
Accessibility Accessible Approach with Ramp
Elementary school Collier
Middle school Leal
High school Harlandale
Elementary school district Harlandale I.S.D
Middle school district Harlandale I.S.D
High school district Harlandale I.S.D
Subdivision 2200
Standard status Active
Size 1,574 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Annual Amount 4152

Amenities

privacy fence

Building Details

Year built 1948
Listing Agency: Full Spectrum Realty
Listed By: Terry Todd
Added: Jun 29 Changed: Sep 7 Last Checked: Oct 21 at 5:06AM
MLS# 1971729

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 property includes two separate homes on one lot, totaling 1,574 square feet. The first home contains three bedrooms and one bathroom across 878 square feet, while the second provides two bedrooms and one bathroom within 696 square feet. Both homes have dedicated parking areas, and a privacy fence separates the outdoor space. Gas and electric service are separately metered; water service is shared.

Built in 1948, the property is zoned R6 and includes an accessible approach with ramp. The first home has been occupied by the same tenant for more than five years under a lease scheduled to expire 5.31.27. The second home is currently vacant, providing two distinct occupancy conditions within the same duplex asset.

Key Highlights

  • Two homes on one lot totaling 1,574 square feet
  • Home 1: 3 bedrooms, 1 bathroom, and 878 square feet
  • Home 2: 2 bedrooms, 1 bathroom, and 696 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,117
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,340 $362.3K
Cap Rate 7%
$258,814 $258.8K
Cap Rate 9%
$201,300 $201.3K
Market Conditions
NOI Build-Up for 1,574 SF
Gross rent
$27.4K $17.40/SF
− Vacancy
−$1.5K −$0.96/SF
EGI
$25.9K $16.44/SF
− OpEx
−$7.8K −$4.93/SF
NOI
$18.1K $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%
$362,340
Cap Rate 7%
$258,814
Cap Rate 9%
$201,300

Alternative Uses

Best Use
Multifamily LT 5
$258.8K
$226.5K – $302.0K (±1% cap)
NOI $18,117 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$229.7K
$201.0K – $268.0K (±1% cap)
NOI $16,078 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$401.5K
$351.3K – $468.4K (±1% cap)
NOI $28,105 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

939
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - R6-zoned property offers two residences, fenced parking, and separate gas and electric service.
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: Two homes on one lot totaling 1,574 square feet; Home 1: 3 bedrooms, 1 bathroom, and 878 square feet; Home 2: 2 bedrooms, 1 bathroom, and 696 square feet
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