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2023-Built Triplex with Three 3BR/2BA

1522 S Elmendorf San Antonio, TX 78207

Claim this Listing
For Sale
$495,000

MULTI_FAMILY - San Antonio, TX

Property size:
3,285 SF
Lot size:
0.11 Acres
Price / SF:
$150.68/SF
Added:
Jun 28, 2026
Days on Market:
17
Last Refresh:
Jul 14 at 12:06 pm

Property Features for 1522 S Elmendorf

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MF-33
Standard status
Active
Size
3,285 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Annual Amount
8325

Building Details

Year built
2023

Listing agent Martha Mora

Listing office Real Broker, LLC 2626 Cole Avenue, Houston, TX

Listing date Jun 28, 2026

MLS# 1995739 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 2023-built triplex includes a detached single-family residence in the front and a rear duplex, for a total of three units. The front home offers 1,067 square feet and the rear duplex totals 2,218 square feet. All three units are configured as three bedrooms and two bathrooms, with floor plans designed to appeal to broad tenant needs. The property also features modern mechanical systems and contemporary finishes.

Set on approximately 0.11 acres in San Antonio, the property is positioned just west of Downtown. Public remarks note direct access to Highway 90 and Interstate 10, offering connectivity throughout the San Antonio metro.

As an income property, this triplex is currently occupied, with two of the three tenants having been in place since the property was built. For buyers seeking a residential income asset with newly constructed improvements, the combination of a front single-family component and a rear duplex layout provides three separate 3-bedroom, 2-bath homes under one ownership. The total building size is approximately 3,285 square feet.

Key Highlights

  • 2023‑built triplex near Downtown San Antonio with 3 total units: one front single‑family and a rear duplex
  • Front detached home offers 1,067 SF and 3 bed/2 bath layout
  • Rear duplex totals 2,218 SF across two units, each with a 3 bed/2 bath layout

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 $57.2k $17.40
− Vacancy −$3.1k −$0.96
EGI $54.0k $16.44
− OpEx −$16.2k −$4.93
NOI $37.8k $11.51
3,285 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$540.2K
$472.6K – $630.2K (±1% cap)
NOI $37,811 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$479.4K
$419.5K – $559.3K (±1% cap)
NOI $33,556 @ 7.0% cap · market cap 6.78%
Theoretical Best
Office A
$837.9K
$733.2K – $977.6K (±1% cap)
NOI $58,656 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Skin Care Clinic Gym & Fitness Center Pharmacy

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

FAQs

What type of property is this?
Triplex - Detached front single-family and rear duplex create three 3-bedroom, 2-bath residences near Downtown access.
Where is this triplex located?
The property is located at 1522 S Elmendorf San Antonio, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2023‑built triplex near Downtown San Antonio with 3 total units: one front single‑family and a rear duplex; Front detached home offers 1,067 SF and 3 bed/2 bath layout; Rear duplex totals 2,218 SF across two units, each with a 3 bed/2 bath layout
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