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Updated Duplex with Dual HVAC
For Sale
$473,900

210 E Lullwood Ave, San Antonio, TX 78212

Two separately metered units offer wood and tile finishes, central HVAC, and outdoor space in San Antonio’s Monte Vista district.

Property Size1,872 SF
Lot Size0.15 Acres
Price / SF$253.15
Days on Market62

Property Features for 210 E Lullwood Ave

General Information

Standard status Active
Size 1,872 SF
Lot size 0.15 Acres
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Building Details

Year Built 1920
Buildings 1
Construction masonry/stone
Listing Agency: Premier Realty Group Platinum
Listed By: Meredith Dunn
Source: Kingdomtxrealty
Added: Aug 20 Changed: Oct 16 Last Checked: Oct 7 at 2:46PM

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 Premier Realty Group Platinum

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Investment Insights

Based on property information with market context.

Built in 1920, this masonry-and-stone duplex contains two two-bedroom, one-bath units totaling 1,872 square feet. Each residence has spacious rooms, original hardwood flooring, large windows, ceramic tile in select areas, and its own electric and gas meters. Separate central HVAC systems serve the units, while a roof replacement completed in 2020 adds to the property’s documented improvements.

The property occupies a 0.145-acre lot at 210 E Lullwood Ave in San Antonio’s Monte Vista historic district. On-site parking is supplemented by a parking pad and street parking. A large backyard and storage shed provide additional outdoor and storage space. The location is near Trinity University, the University of the Incarnate Word, San Antonio College, shops, restaurants, The Pearl, and downtown.

Key Highlights

  • Two units, each with 2 beds / 1 bath
  • 1,872 sqft of total living space on a 0.145‑acre lot
  • Roof replaced in 2020

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,547
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,940 $430.9K
Cap Rate 7%
$307,814 $307.8K
Cap Rate 9%
$239,411 $239.4K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$32.6K $17.40/SF
− Vacancy
−$1.8K −$0.96/SF
EGI
$30.8K $16.44/SF
− OpEx
−$9.2K −$4.93/SF
NOI
$21.5K $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%
$430,940
Cap Rate 7%
$307,814
Cap Rate 9%
$239,411

Alternative Uses

Best Use
Multifamily LT 5
$307.8K
$269.3K – $359.1K (±1% cap)
NOI $21,547 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$273.2K
$239.0K – $318.7K (±1% cap)
NOI $19,122 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$477.5K
$417.8K – $557.1K (±1% cap)
NOI $33,426 @ 7.0% cap · market cap 7.05%
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

1,004
Businesses Nearby

Demographics for 78212, TX

26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered units offer wood and tile finishes, central HVAC, and outdoor space in San Antonio’s Monte Vista district.
Where is this duplex located?
The property is located at 210 E Lullwood Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $473,900.
What are key features of this property?
This property features: Two units, each with 2 beds / 1 bath; 1,872 sqft of total living space on a 0.145‑acre lot; Roof replaced in 2020
More about this property
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