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Updated Duplex with Central Air
For Sale
$275,000

1615 N NAVIDAD ST, San Antonio, TX 78201

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

Property Size1,804 SF
Lot Size0.07 Acres
Price / SF$152.44
Days on Market133

Property Features for 1615 N NAVIDAD ST

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Barkley
Middle school Tafolla
High school Lanier
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 0700
Standard status Active
Size 1,804 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 6955

Utilities

Cooling system Central Air

Building Details

Year built 2018
Listing Agency: Premier Realty Group Platinum
Listed By: Raul Vergara
Added: Jun 10 Changed: Aug 19 Last Checked: Oct 20 at 5:06AM
MLS# 1960227

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.

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Investment Insights

Based on property information with market context.

Built in 2018, this duplex contains two residential units within 1804 square feet. Each unit has a three-bedroom, two-bath layout, with a refrigerator, stove, and built-in microwave included. Central air serves the property, and the improvements are described as modern and updated.

The property is located near St. Mary's and the UTSA downtown campus, with downtown San Antonio only minutes away. Access to I-10, I-410, I-90, and I-151 supports commuting throughout the area.

Key Highlights

  • Two units, each with a 3/2 layout
  • 1804 square feet built in 2018
  • Refrigerator, stove, and built‑in microwave included in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,764
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,280 $415.3K
Cap Rate 7%
$296,629 $296.6K
Cap Rate 9%
$230,711 $230.7K
Market Conditions
NOI Build-Up for 1,804 SF
Gross rent
$31.4K $17.40/SF
− Vacancy
−$1.7K −$0.96/SF
EGI
$29.7K $16.44/SF
− OpEx
−$8.9K −$4.93/SF
NOI
$20.8K $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%
$415,280
Cap Rate 7%
$296,629
Cap Rate 9%
$230,711

Alternative Uses

Best Use
Multifamily LT 5
$296.6K
$259.6K – $346.1K (±1% cap)
NOI $20,764 @ 7.0% cap · market cap 7.55%
Second Best
Apartment 5plus
$263.3K
$230.4K – $307.1K (±1% cap)
NOI $18,428 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$460.2K
$402.7K – $536.9K (±1% cap)
NOI $32,212 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

782
Businesses Nearby

Demographics for 78201, TX

42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
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

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer matching three-bedroom, two-bath layouts with kitchen appliances and central air.
Where is this duplex located?
The property is located at 1615 N NAVIDAD ST San Antonio, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two units, each with a 3/2 layout; 1804 square feet built in 2018; Refrigerator, stove, and built‑in microwave included in both units
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