Remodeled Duplex Rental
For Sale
$459,000
2028 W WOODLAWN AVE, San Antonio, TX 78201
MULTI_FAMILY - San Antonio, TX
Property Size1,759 SF
Lot Size0.21 Acres
Price / SF$260.94
Days on Market46
Property Features for 2028 W WOODLAWN AVE
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Fenwick
High school
Jefferson
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
0800
Standard status
Active
Size
1,759 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Annual Amount
7008
Utilities
Cooling system
Central Air
Building Details
Year built
1948
Listing Agency:
LPT Realty, LLC
(877) 366-2213
Listed By:
Griff Zolninger
(877) 366-2213
Added: Jun 17
Changed: Jul 20
Last Checked: Aug 1 at 2:06AM
MLS# 1831146
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 remodeled duplex is currently being used as an Airbnb and is offered fully furnished, including linens, with fully equipped kitchens in each unit. The property includes multiple upgrades completed as part of the remodel, including full electrical, full plumbing, and wall and attic insulation, all noted as permitted.
Each unit has independent electrical and gas meters, while the water meter is shared between the two units.
The property is located at 2028 W Woodlawn Ave in San Antonio, Texas, in Bexar County.
Each unit has independent electrical and gas meters, while the water meter is shared between the two units.
The property is located at 2028 W Woodlawn Ave in San Antonio, Texas, in Bexar County.
Key Highlights
- Remodeled duplex, short‑term rental ready and currently used as an Airbnb.
- Fully furnished, including linens and fully equipped kitchens.
- Complete remodel with permitted full electrical and plumbing upgrades.
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 | $30.6k | $17.40 |
| − Vacancy | −$1.7k | −$0.96 |
| EGI | $28.9k | $16.44 |
| − OpEx | −$8.7k | −$4.93 |
| NOI | $20.2k | $11.51 |
1,759 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$289.2K
$253.1K – $337.4K
NOI $20,246 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$256.7K
$224.6K – $299.5K
NOI $17,968 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$448.7K
$392.6K – $523.5K
NOI $31,408 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Remodeled duplex offered fully furnished with equipped kitchens, currently set up for short-term rental use.
Where is this duplex located?
The property is located at 2028 W WOODLAWN AVE San Antonio, TX.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Remodeled duplex, short‑term rental ready and currently used as an Airbnb.; Fully furnished, including linens and fully equipped kitchens.; Complete remodel with permitted full electrical and plumbing upgrades.