Duplex With Renovation
For Sale
$175,000
211 Rehmann, San Antonio, TX 78204
Two separate homes share the property, with one leased month-to-month and the other requiring complete renovation.
Property Size1,226 SF
Days on Market10
Property Features for 211 Rehmann
General Information
Standard status
Active
Size
1,226 SF
Property subtype
Multi Family Home
Zoning
MF-18
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,735
Building Details
Building Size
1,226 SF
Year Built
1930
Buildings
2
Units
2
Listing Agency:
Premier Realty Group Platinum
(210) 286-9529
Listed By:
Matthew Johnson
(210) 286-9529
Source:
Southtexasrealtyservices
Added: Jul 27
Changed: Aug 4
Last Checked: Aug 4 at 3:18AM
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
Investment Insights
Based on property information with market context.
This duplex property comprises two separate homes on an approximately 48' x 115' lot. Each residence offers approximately 600 square feet with one bedroom and one bathroom. One home is leased on a month-to-month basis, while the second requires a complete renovation. The property is being sold as-is and was built in 1930.
Located at 211 Rehmann in San Antonio, the property is near Southtown, Downtown San Antonio, and the Lone Star District. The surrounding area includes new-construction and renovated homes along the street and nearby, providing clear evidence of ongoing residential reinvestment. MF-18 zoning supports the property's multifamily classification.
Located at 211 Rehmann in San Antonio, the property is near Southtown, Downtown San Antonio, and the Lone Star District. The surrounding area includes new-construction and renovated homes along the street and nearby, providing clear evidence of ongoing residential reinvestment. MF-18 zoning supports the property's multifamily classification.
Key Highlights
- Two separate homes on an approximately 48' x 115' lot
- Each home contains approximately 600 square feet, one bedroom, and one bathroom
- One residence leased month‑to‑month
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 | $21.3k | $17.40 |
| − Vacancy | −$1.2k | −$0.96 |
| EGI | $20.2k | $16.44 |
| − OpEx | −$6.0k | −$4.93 |
| NOI | $14.1k | $11.51 |
1,226 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$201.6K
$176.4K – $235.2K
NOI $14,111 @ 7.0% cap · market cap 8.06%
Second Best
Apartment 5plus
$178.9K
$156.5K – $208.7K
NOI $12,523 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$312.7K
$273.6K – $364.9K
NOI $21,891 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
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 - Two separate homes share the property, with one leased month-to-month and the other 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 $175,000.
What are key features of this property?
This property features: Two separate homes on an approximately 48' x 115' lot; Each home contains approximately 600 square feet, one bedroom, and one bathroom; One residence leased month‑to‑month
