3-Unit Renovated
For Sale
$250,000
1548 Center St, San Antonio, TX 78202
Two residences are leased, while the third provides additional rental flexibility.
Property Size1,140 SF
Price / SF$219.30
Days on Market8
Property Features for 1548 Center St
General Information
Standard status
Active
Size
1,140 SF
Property subtype
Multi-Family
Occupancy
67%
Additional Details
Multifamily Units
3
Building Details
Year Built
1930
Tenancy
Multi
Listing Agency:
Real Broker, LLC
Listed By:
Yvette Hansen · License #727627
(210) 760-5263
Source:
Viewvistashomes
Added: Sep 30
Changed: Oct 6
Last Checked: Oct 7 at 9:04AM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
This San Antonio triplex contains three separate residences, all renovated. Two units are leased, and the remaining unit offers flexibility for future occupancy or rental use.
The property is at 1548 Center Street, with access to area shopping, dining, amenities, and major roadways. Built in 1930, it offers a three-unit configuration with existing tenants.
The property is at 1548 Center Street, with access to area shopping, dining, amenities, and major roadways. Built in 1930, it offers a three-unit configuration with existing tenants.
Key Highlights
- Three separate residential units
- All three units have been renovated
- Two of the three units are leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,122
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,440
$262.4K
Cap Rate 7%
$187,457
$187.5K
Cap Rate 9%
$145,800
$145.8K
Market Conditions
NOI Build-Up for 1,140 SF
Gross rent
$19.8K $17.40/SF
− Vacancy
−$1.1K −$0.96/SF
EGI
$18.7K $16.44/SF
− OpEx
−$5.6K −$4.93/SF
NOI
$13.1K $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%
$262,440
Cap Rate 7%
$187,457
Cap Rate 9%
$145,800
Alternative Uses
Best Use
Multifamily LT 5
$187.5K
$164.0K – $218.7K
NOI $13,122 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$166.4K
$145.6K – $194.1K
NOI $11,645 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$290.8K
$254.5K – $339.3K
NOI $20,356 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
66.7%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
626
Businesses Nearby
Explore this area
Business Placement
Demographics for 78202, TX
11,422
Population
5,288
Households
2.2
Avg Household Size
34
Median Age
26%
College-Educated
77%
High-School Grad
2.3 sq mi
ZIP Area
4,966
Density / Sq Mi
$43,708
Median Household Income
$36,390
Median Earnings
$1,218
Median Rent
$223,900
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?
Triplex - Two residences are leased, while the third provides additional rental flexibility.
Where is this triplex located?
The property is located at 1548 Center St San Antonio, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three separate residential units; All three units have been renovated; Two of the three units are leased
