Six-Unit Apartment
For Sale
$400,000
1730 W Poplar, San Antonio, TX 78207
Multifamily property with individually conditioned units, completed interior updates, and gated parking within a fenced site.
Property Size2,448 SF
Price / SF$163.40
Days on Market61
Property Features for 1730 W Poplar
General Information
Standard status
Active
Size
2,448 SF
Property subtype
Multi-Family
Building Details
Year Built
1940
Listing Agency:
Realty Advantage
Listed By:
Kimberly Scandrett-Mauldin
(210) 804-1081
Source:
Shebaramos
Added: Aug 21
Changed: Oct 7
Last Checked: Oct 7 at 4:23PM
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 Realty Advantage
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Investment Insights
Based on property information with market context.
This 2,448-square-foot apartment property contains six individual units and was built in 1940. Each unit has its own mini-split HVAC system, while improvements include interior painting throughout, new cabinets and countertops in some units, and updated showers in others. The property also produces rental income.
Located at 1730 W Poplar in San Antonio, the site is fully fenced and includes gated on-site parking. The combination of six separate units, unit-level HVAC, and completed updates provides a defined multifamily configuration with additional unit improvements already underway.
Located at 1730 W Poplar in San Antonio, the site is fully fenced and includes gated on-site parking. The combination of six separate units, unit-level HVAC, and completed updates provides a defined multifamily configuration with additional unit improvements already underway.
Key Highlights
- Six individual apartment units within a 2,448‑square‑foot property
- Each unit includes its own mini‑split HVAC system
- Interior painting completed throughout the units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,006
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,120
$500.1K
Cap Rate 7%
$357,229
$357.2K
Cap Rate 9%
$277,844
$277.8K
Market Conditions
NOI Build-Up for 2,448 SF
Gross rent
$48.5K $19.80/SF
− Vacancy
−$3.0K −$1.23/SF
EGI
$45.5K $18.57/SF
− OpEx
−$20.5K −$8.36/SF
NOI
$25.0K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,120
Cap Rate 7%
$357,229
Cap Rate 9%
$277,844
Alternative Uses
Best Use
Apartment 5plus
$357.2K
$312.6K – $416.8K
NOI $25,006 @ 7.0% cap · market cap 6.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$624.4K
$546.4K – $728.5K
NOI $43,711 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
793
Businesses Nearby
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Business Placement
Demographics for 78207, TX
51,705
Population
18,750
Households
2.8
Avg Household Size
34
Median Age
6%
College-Educated
62%
High-School Grad
7.3 sq mi
ZIP Area
7,083
Density / Sq Mi
$30,655
Median Household Income
$23,696
Median Earnings
$857
Median Rent
$93,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with individually conditioned units, completed interior updates, and gated parking within a fenced site.
Where is this apartment building located?
The property is located at 1730 W Poplar San Antonio, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Six individual apartment units within a 2,448‑square‑foot property; Each unit includes its own mini‑split HVAC system; Interior painting completed throughout the units
