2011 Cincinnati Ave, San Antonio, TX 78228
MULTI_FAMILY - San Antonio, TX
- Added:
- Jun 3, 2026
- Days on Market:
- 15
- Last Refresh:
- Jun 17 at 5:06 am
Property Features for 2011 Cincinnati Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,516 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8599
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1931
Listing agent Adriana Santillan (214) 202-7615
Listing office Real Broker, LLC 2626 Cole Avenue, Houston, TX (855) 450-0442
Listing date Jun 3, 2026
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.
HighLights
- 4‑plex building built in 1931 with central air conditioning
- 4 units total: 2 currently occupied month‑to‑month and 2 vacant and ready to rent
- Unit mix includes 1 two‑bedroom unit with a large laundry room and living room
- Three additional units are studio type
- Off‑street parking provided for tenants
Overview
The asset is located at 2011 Cincinnati Ave in San Antonio, in the Woodlawn Lake area. The public remarks note quick access to IH-10 and that the property is minutes from Downtown, with shopping and restaurants nearby. Tenants can also take advantage of the peaceful lake scenery mentioned in the listing.
For investors or owner-occupants seeking rental flexibility, the current setup offers both immediate occupancy and near-term leasing opportunity given that two units are already vacant. The unit mix may also appeal to a range of renters, with one larger two-bedroom option complemented by three studio configurations. On-site parking supports everyday tenant needs, and the month-to-month status of the occupied units may simplify operational planning while additional units are brought to market.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.8k | $17.40 |
| − Vacancy | −$2.4k | −$0.96 |
| EGI | $41.4k | $16.44 |
| − OpEx | −$12.4k | −$4.93 |
| NOI | $29.0k | $11.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.54233
- Latitude
- 29.45155
