Furnished Remodeled
For Sale
$459,000
2028 W Woodlawn Ave, San Antonio, TX 78201
Two individually metered units include equipped kitchens and separate gas service.
Property Size1,759 SF
Price / SF$260.94
Days on Market66
Property Features for 2028 W Woodlawn Ave
General Information
Standard status
Active
Size
1,759 SF
Property subtype
Multi-Family
Additional Details
Furnished
Yes
Utilities to Site
Yes
Multifamily Units
2
Building Details
Year Built
1948
Listing Agency:
LPT Realty, LLC
Listed By:
Griff Zolninger
(877) 366-2213
Source:
Theswinneygroup
Added: Aug 16
Changed: Oct 11
Last Checked: Oct 7 at 5:23PM
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 LPT Realty, LLC
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Investment Insights
Based on property information with market context.
This duplex at 2028 W Woodlawn Ave in San Antonio was built in 1948 and has undergone a permitted renovation. Improvements include updated electrical and plumbing systems, along with insulation added in the walls and attic. Each unit has its own electrical and gas meter, while the property uses a shared water meter.
The 1,759-square-foot property is currently operated as an Airbnb and is offered furnished, including linens, equipped kitchens, and other items supporting short-term rental use. The existing setup provides two separately serviced residential units within one remodeled property.
The 1,759-square-foot property is currently operated as an Airbnb and is offered furnished, including linens, equipped kitchens, and other items supporting short-term rental use. The existing setup provides two separately serviced residential units within one remodeled property.
Key Highlights
- 1,759 SF duplex built in 1948
- Currently operated as an Airbnb
- Furnished units include linens and equipped kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,246
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$404,920
$404.9K
Cap Rate 7%
$289,229
$289.2K
Cap Rate 9%
$224,956
$225.0K
Market Conditions
NOI Build-Up for 1,759 SF
Gross rent
$30.6K $17.40/SF
− Vacancy
−$1.7K −$0.96/SF
EGI
$28.9K $16.44/SF
− OpEx
−$8.7K −$4.93/SF
NOI
$20.2K $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%
$404,920
Cap Rate 7%
$289,229
Cap Rate 9%
$224,956
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.
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Property Analytics
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
537
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two individually metered units include equipped kitchens and separate gas service.
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: 1,759 SF duplex built in 1948; Currently operated as an Airbnb; Furnished units include linens and equipped kitchens
