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Remodeled Duplex Rental Property
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
Listed By: Griff Zolninger
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.

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 (±1% cap)
NOI $20,246 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$256.7K
$224.6K – $299.5K (±1% cap)
NOI $17,968 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$448.7K
$392.6K – $523.5K (±1% cap)
NOI $31,408 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Skin Care Clinic (Bike/Boat/Book/etc) Store Computer & Electronic Repair Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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.
More about this property
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