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Duplex With Flex Space
For Sale
$300,000

1738 Santa Anna, San Antonio, TX 78201

Two residential units are complemented by additional flexible space and convenient regional access.

Property Size2,079 SF
Price / SF$144.30
Days on Market49

Property Features for 1738 Santa Anna

General Information

Standard status Active
Size 2,079 SF
Property subtype Multi-Family

Site & Location

Neighborhood Los Angeles Heights
Highway Access Yes

Building Details

Year Built 1927
Listing Agency: Real Broker, LLC
Listed By: Jesse Perez · License #0811078
Source: Theswinneygroup
Added: Sep 19 Changed: Oct 25 Last Checked: Oct 7 at 4:12PM

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

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Investment Insights

Based on property information with market context.

This 2,079-square-foot residential property, built in 1927, includes two residential units along with additional flex space. One unit is occupied, while the second is ready for a new tenant or alternative use.

The property offers access to I-10, with connections to downtown, the Medical Center, and the airport. Its combination of residential units and supplementary space supports a range of occupancy and use arrangements.

Key Highlights

  • Two residential units plus additional flex space
  • 2,079 square feet of property size
  • One unit currently occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,929
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,580 $478.6K
Cap Rate 7%
$341,843 $341.8K
Cap Rate 9%
$265,878 $265.9K
Market Conditions
NOI Build-Up for 2,079 SF
Gross rent
$36.2K $17.40/SF
− Vacancy
−$2.0K −$0.96/SF
EGI
$34.2K $16.44/SF
− OpEx
−$10.3K −$4.93/SF
NOI
$23.9K $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%
$478,580
Cap Rate 7%
$341,843
Cap Rate 9%
$265,878

Alternative Uses

Best Use
Multifamily LT 5
$341.8K
$299.1K – $398.8K (±1% cap)
NOI $23,929 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$303.4K
$265.5K – $354.0K (±1% cap)
NOI $21,237 @ 7.0% cap · market cap 7.08%
Theoretical Best
Office A
$530.3K
$464.0K – $618.7K (±1% cap)
NOI $37,122 @ 7.0% cap · market cap 12.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

822
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 are complemented by additional flexible space and convenient regional access.
Where is this duplex located?
The property is located at 1738 Santa Anna San Antonio, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two residential units plus additional flex space; 2,079 square feet of property size; One unit currently occupied
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