Two-Home Duplex
For Sale
$169,900
211 Rehmann, San Antonio, TX 78204
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,226 SF
Lot Size0.13 Acres
Price / SF$138.58
Days on Market85
Property Features for 211 Rehmann
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MF-18
Elementary school
Briscoe
Middle school
Harris
High school
Brackenridge
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
1100
Standard status
Active
Size
1,226 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
5735
Building Details
Year built
1930
Listing Agency:
Premier Realty Group Platinum
Listed By:
Matthew Johnson
(210) 641-1400
Added: Jul 28
Changed: Sep 10
Last Checked: Oct 20 at 9:06AM
MLS# 2003544
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 duplex property contains two separate homes on an approximately 48' x 115' lot. Each residence is approximately 600 square feet with one bedroom and one bathroom. One home is leased month-to-month, while the other requires a complete renovation. The property is offered as-is and carries MF-18 zoning.
Built in 1930, the property is located at 211 Rehmann in San Antonio’s 78204 ZIP code, near Southtown, Downtown San Antonio, and the Lone Star District. The surrounding area includes new-construction and renovated homes along the street and nearby blocks. Total property size is listed as 1226 square feet on 0.127 acres.
Built in 1930, the property is located at 211 Rehmann in San Antonio’s 78204 ZIP code, near Southtown, Downtown San Antonio, and the Lone Star District. The surrounding area includes new-construction and renovated homes along the street and nearby blocks. Total property size is listed as 1226 square feet on 0.127 acres.
Key Highlights
- Two separate homes, each approximately 600 square feet with 1 bedroom and 1 bathroom
- One residence leased on a month‑to‑month basis
- Second home requires a complete renovation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,111
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,220
$282.2K
Cap Rate 7%
$201,586
$201.6K
Cap Rate 9%
$156,789
$156.8K
Market Conditions
NOI Build-Up for 1,226 SF
Gross rent
$21.3K $17.40/SF
− Vacancy
−$1.2K −$0.96/SF
EGI
$20.2K $16.44/SF
− OpEx
−$6.0K −$4.93/SF
NOI
$14.1K $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%
$282,220
Cap Rate 7%
$201,586
Cap Rate 9%
$156,789
Alternative Uses
Best Use
Multifamily LT 5
$201.6K
$176.4K – $235.2K
NOI $14,111 @ 7.0% cap · market cap 8.31%
Second Best
Apartment 5plus
$178.9K
$156.5K – $208.7K
NOI $12,523 @ 7.0% cap · market cap 7.37%
Theoretical Best
Office A
$312.7K
$273.6K – $364.9K
NOI $21,891 @ 7.0% cap · market cap 12.88%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,007
Businesses Nearby
Explore this area
Business Placement
Demographics for 78204, TX
11,298
Population
6,210
Households
1.8
Avg Household Size
39
Median Age
27%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
4,184
Density / Sq Mi
$54,667
Median Household Income
$35,107
Median Earnings
$1,516
Median Rent
$142,200
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 - MF-18-zoned duplex with one residence leased month-to-month and a second home requiring complete renovation.
Where is this duplex located?
The property is located at 211 Rehmann San Antonio, TX.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Two separate homes, each approximately 600 square feet with 1 bedroom and 1 bathroom; One residence leased on a month‑to‑month basis; Second home requires a complete renovation
