Historic Duplex with Onsite
For Sale
$499,000
210 East Lullwood Avenue, San Antonio, TX 78212
Historic 1920 duplex offering two 2-bedroom, 1-bath units with dual central HVAC and onsite parking.
Property Size1,872 SF
Lot Size0.15 Acres
Price / SF$266.56
Days on Market451
Property Features for 210 East Lullwood Avenue
General Information
Standard status
Active
Size
1,872 SF
Lot size
0.15 Acres
Property subtype
Multi-Family / Two Story
Additional Details
Utilities to Site
Yes
Multifamily Units
2
Amenities
large backyard
storage shed
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
Premier Realty Group
(210) 367-2529
Listed By:
Meredith Dunn
(210) 367-2529
Source:
Compass
Added: May 7, 2025
Changed: Jul 23
Last Checked: Jul 31 at 11:28AM
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
Investment Insights
Based on property information with market context.
Built in 1920, this historic duplex contains two separate residential units, each configured with 2 bedrooms and 1 bathroom. The property features original hardwood floors along with large windows that bring in natural light, and a flooring mix of wood and ceramic tile. Dual central HVAC systems serve the units, and each unit has its own electric and gas meter for separate utilities.
The exterior is masonry/stone, and the roof was replaced in 2020. Outside, there is a large backyard with a storage shed and onsite parking, plus additional pad/street parking.
Both units share the same overall property improvements and upkeep, with spacious interior rooms and classic architectural features paired with modern updates, creating a well-maintained income property in the Monte Vista area.
The exterior is masonry/stone, and the roof was replaced in 2020. Outside, there is a large backyard with a storage shed and onsite parking, plus additional pad/street parking.
Both units share the same overall property improvements and upkeep, with spacious interior rooms and classic architectural features paired with modern updates, creating a well-maintained income property in the Monte Vista area.
Key Highlights
- Historic duplex built in 1920 with 2 units, each featuring 2 beds and 1 bath
- 1,872 sqft total living space on a 0.145‑acre lot
- Roof replaced in 2020; masonry/stone exterior
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 | $32.6k | $17.40 |
| − Vacancy | −$1.8k | −$0.96 |
| EGI | $30.8k | $16.44 |
| − OpEx | −$9.2k | −$4.93 |
| NOI | $21.5k | $11.51 |
1,872 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$307.8K
$269.3K – $359.1K
NOI $21,547 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$273.2K
$239.0K – $318.7K
NOI $19,122 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$477.5K
$417.8K – $557.1K
NOI $33,426 @ 7.0% cap · market cap 6.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
990
Businesses Nearby
Explore this area
Business Placement
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
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 - Historic 1920 duplex offering two 2-bedroom, 1-bath units with dual central HVAC and onsite parking.
Where is this duplex located?
The property is located at 210 East Lullwood Avenue San Antonio, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Historic duplex built in 1920 with 2 units, each featuring 2 beds and 1 bath; 1,872 sqft total living space on a 0.145‑acre lot; Roof replaced in 2020; masonry/stone exterior
