Fully Leased Triplex
1532 West Huisache Avenue San Antonio, TX 78201
1532 West Huisache Avenue, San Antonio, TX, 78201
$580,000
For Sale
$580,000
Well-designed three-unit triplex is fully leased and features central HVAC, in-unit laundry, and hardwood floors.
Property Size3,258 SF
Price / SF$178.02
Days on Market157
Property Features for 1532 West Huisache Avenue
General Information
- Standard status
- Active
- Size
- 3,258 SF
- Property subtype
- Multi-Family / Two Story
Building Details
- Year Built
- 1933
Listing agency
Suburban Spaces, LLC
(210) 262-1808
Listed by
Chad Nall · License #550904
(210) 262-1808
Source
Compass
Added: Feb 15 Updated: Jul 22 at 1:38AM Checked: Jul 22 at 1:38AM
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 Suburban Spaces, LLC
Investment Insights
Based on property information with market context.
This property is a fully leased triplex intentionally designed and constructed as a three-unit residence. Each unit is equipped with central air and heat, washer/dryers, and hardwood floors, with period details including original tile in the kitchens and baths.
The asset is located in a highly desirable historic neighborhood, and the listing notes an income history.
With its purpose-built three-unit configuration and consistent unit amenities, the property offers a straightforward multifamily setup for an owner seeking an income-producing residence.
The asset is located in a highly desirable historic neighborhood, and the listing notes an income history.
With its purpose-built three-unit configuration and consistent unit amenities, the property offers a straightforward multifamily setup for an owner seeking an income-producing residence.
Key Highlights
- Fully leased three‑unit triplex, originally designed and constructed as a three‑unit residence
- All units have central air and heat
- Each unit includes washer/dryer hookups and in‑unit laundry
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 | $56.7k | $17.40 |
| − Vacancy | −$3.1k | −$0.96 |
| EGI | $53.6k | $16.44 |
| − OpEx | −$16.1k | −$4.93 |
| NOI | $37.5k | $11.51 |
3,258 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$535.7K
$468.8K – $625.0K
NOI $37,500 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$475.4K
$416.0K – $554.7K
NOI $33,280 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$831.1K
$727.2K – $969.6K
NOI $58,174 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Well-designed three-unit triplex is fully leased and features central HVAC, in-unit laundry, and hardwood floors.
Where is this triplex located?
The property is located at 1532 West Huisache Avenue San Antonio, TX.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Fully leased three‑unit triplex, originally designed and constructed as a three‑unit residence; All units have central air and heat; Each unit includes washer/dryer hookups and in‑unit laundry
