Leased
New
For Sale
$295,000
14427 EDGEMONT ST, San Antonio, TX 78217
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,904 SF
Lot Size0.19 Acres
Price / SF$154.94
Days on Market3
Property Features for 14427 EDGEMONT ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Northern Hills
Middle school
Harris
High school
Madison
Subdivision
1500
Standard status
Active
Size
1,904 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Annual Amount
5759
Building Details
Year built
1983
Listing Agency:
Keller Williams Legacy · Keller Williams Realty
(210) 482-3200
Listed By:
Ricky Mashburn
(210) 618-5096
Added: Sep 25
Changed: Sep 26
Last Checked: Sep 27 at 1:06AM
MLS# 2019462
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 1983 duplex contains 1,904 square feet across two currently leased units. The 0.187-acre parcel is professionally managed, and the property has remained with the same owner for more than 20 years.
The San Antonio property is near I-35 and 1604. Showings require at least 24 hours’ notice and can be arranged after a contract is executed.
The San Antonio property is near I-35 and 1604. Showings require at least 24 hours’ notice and can be arranged after a contract is executed.
Key Highlights
- Both units are leased and professionally managed
- 1,904‑square‑foot duplex built in 1983
- Situated on a 0.187‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,915
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$438,300
$438.3K
Cap Rate 7%
$313,071
$313.1K
Cap Rate 9%
$243,500
$243.5K
Market Conditions
NOI Build-Up for 1,904 SF
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.
Gross rent
$33.1K $17.40/SF
− Vacancy
−$1.8K −$0.96/SF
EGI
$31.3K $16.44/SF
− OpEx
−$9.4K −$4.93/SF
NOI
$21.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$438,300
Cap Rate 7%
$313,071
Cap Rate 9%
$243,500
Alternative Uses
Best Use
Multifamily LT 5
$313.1K
$273.9K – $365.3K
NOI $21,915 @ 7.0% cap · market cap 7.43%
Second Best
Apartment 5plus
$277.8K
$243.1K – $324.2K
NOI $19,449 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$485.7K
$425.0K – $566.6K
NOI $33,997 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Explore this area
Business Placement
Demographics for 78217, TX
33,562
Population
16,179
Households
2.1
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
10.1 sq mi
ZIP Area
3,323
Density / Sq Mi
$56,852
Median Household Income
$33,931
Median Earnings
$1,186
Median Rent
$216,100
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Professional management oversees both occupied residences under current leases.
Where is this duplex located?
The property is located at 14427 EDGEMONT ST San Antonio, TX.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Both units are leased and professionally managed; 1,904‑square‑foot duplex built in 1983; Situated on a 0.187‑acre parcel
