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Duplex with Separate Utilities

1412 WHITMAN AVE San Antonio, TX 78211

1412 WHITMAN AVE, San Antonio, TX, 78211
$244,000
For Sale
$244,000

MULTI_FAMILY - San Antonio, TX

Property Size1,574 SF
Lot Size0.22 Acres
Price / SF$155.02
Days on Market22

Property Features for 1412 WHITMAN AVE

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Accessibility
Accessible Approach with Ramp
Standard status
Active
Size
1,574 SF
Lot size
0.22 Acres

Taxes and HOA fees

Tax Annual Amount
4152

Building Details

Year built
1948
Listing Agency Full Spectrum Realty
11120 Wurzbach Rd, San Antonio, TX
Listed by Terry Todd
Added: Jun 29 Checked: Jul 20 at 10:06 am
MLS# 1971729 Listing URL

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 duplex includes two individual homes on one lot, configured for separate living or rental use. Home #1 offers 3 bedrooms and 1 bathroom in 878 square feet, and Home #2 offers 2 bedrooms and 1 bathroom in 696 square feet. Each home has separate gas and electric services, with shared water. The property also provides privacy fencing and parking for each home.

Located at 1412 Whitman Ave in San Antonio, TX 78211, the property is listed under R6 zoning. The lot size is 0.215 acres, and the total property size is 1,574 square feet. Parking is noted as accommodating multiple vehicles, with space described for cars, trucks, boats, and more.

For tenants, this setup can support a live-in-and-rent model or two separate household rentals. Unit 1 has been occupied for 5+ years by the same tenant, with an existing lease that expires 5/31/27. Unit 2 is unoccupied at the moment, offering the opportunity to position it for a new tenant. The combination of separate utilities, privacy fencing, and practical on-site parking is designed to appeal to both owner-occupants and investors seeking straightforward duplex income or lifestyle flexibility.

Key Highlights

  • Multi‑family on one lot with 2 individual homes: live in one and rent the other
  • Separate gas and electric utilities; shared water between the two homes
  • Home #1: 3 bed, 1 bath, 878 SF

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 $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 (±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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Electrical Service Kitchen & Bath Showroom Law Firm Plumbing Service HVAC Service Catering Service Acupuncture Parking Lot & Garage Veterinary Clinic

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

FAQs

What type of property is this?
Duplex - Two-home duplex offers separate gas/electric, shared water, and parking with privacy fencing for flexible living or rental.
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 on one lot with 2 individual homes: live in one and rent the other; Separate gas and electric utilities; shared water between the two homes; Home #1: 3 bed, 1 bath, 878 SF
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