Remodeled
For Sale
$459,000
2028 W WOODLAWN AVE, San Antonio, TX 78201
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,759 SF
Lot Size0.21 Acres
Price / SF$260.94
Days on Market126
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
(877) 366-2213
Added: Jun 17
Changed: Aug 19
Last Checked: Oct 20 at 4:06AM
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.
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Investment Insights
Based on property information with market context.
This remodeled duplex contains 1,759 square feet on a 0.208-acre lot and is currently operated as an Airbnb. The property is furnished with linens and equipped kitchens, supporting short-term rental use. Central air provides cooling, while each unit has separate electric and gas metering; water service is shared.
Completed improvements include full electrical and plumbing replacement along with wall and attic insulation. The work was permitted, and the property was originally built in 1948. Located in San Antonio, the asset combines updated building systems with an existing furnished setup for its current operating format.
Completed improvements include full electrical and plumbing replacement along with wall and attic insulation. The work was permitted, and the property was originally built in 1948. Located in San Antonio, the asset combines updated building systems with an existing furnished setup for its current operating format.
Key Highlights
- 1,759 square feet across a duplex configuration
- 0.208‑acre lot in San Antonio
- Current Airbnb operation with short‑term rental setup
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.
How Realmo checks its estimates
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Furnished two-unit property with equipped kitchens and infrastructure updates completed under permits.
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 square feet across a duplex configuration; 0.208‑acre lot in San Antonio; Current Airbnb operation with short‑term rental setup
