Search
Renovated Triplex
For Sale
$250,000

1548 Center St, San Antonio, TX 78202

Multi-Family (2-8 Units), San Antonio, TX

Property Size1,140 SF
Lot Size0.13 Acres
Price / SF$219.30
Days on Market8

Property Features for 1548 Center St

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Washington
Middle school Davis
High school Sam Houston
Elementary school district San Antonio I.S.D.
Middle school district San Antonio I.S.D.
High school district San Antonio I.S.D.
Subdivision 1200
Standard status Active
Size 1,140 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 4881

Building Details

Year built 1930
Listing Agency: Real Broker, LLC
Listed By: Yvette Hansen · License #727627
Added: Sep 30 Changed: Oct 6 Last Checked: Oct 7 at 6:06AM
MLS# 2020147

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 1930-built triplex contains three residential units within 1,140 square feet. The property occupies a 0.132-acre parcel in San Antonio, and all three units have been renovated.

Two units are leased, while the third is not identified as leased. The property is located at 1548 Center St in San Antonio, Texas.

Key Highlights

  • Three residential units
  • Two of the three units are leased
  • 1,140 square feet on a 0.132‑acre parcel

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 (±1% cap)
NOI $13,122 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$166.4K
$145.6K – $194.1K (±1% cap)
NOI $11,645 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$290.8K
$254.5K – $339.3K (±1% cap)
NOI $20,356 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Spa & Massage Center Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

637
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Two units are leased, providing current rental income across the three-unit property.
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 residential units; Two of the three units are leased; 1,140 square feet on a 0.132‑acre parcel
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again