Two-Home Duplex
For Sale
$169,900
211 Rehmann, San Antonio, TX 78204
One residence is leased month-to-month, while the other awaits full renovation.
Property Size1,226 SF
Lot Size0.13 Acres
Price / SF$138.58
Days on Market75
Property Features for 211 Rehmann
General Information
Standard status
Active
Size
1,226 SF
Lot size
0.13 Acres
Property subtype
Multi-Family
Property Condition
Severity
Major Repairs Needed
Evidence
requires a complete renovation
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1930
Buildings
2
Listing Agency:
Premier Realty Group Platinum
Listed By:
Matthew Johnson
(210) 641-1400
Source:
Theswinneygroup
Added: Aug 7
Changed: Oct 6
Last Checked: Oct 7 at 1:52PM
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.
This duplex property contains two separate homes on an approximately 48-by-115-foot lot. Each residence measures approximately 600 square feet and includes one bedroom and one bathroom, for a combined property size of 1,226 square feet. The homes were built in 1930 and are being sold as-is.
One home is occupied under a month-to-month lease, while the second requires a complete renovation. The property is located near Southtown, Downtown San Antonio, and the Lone Star District. Nearby street and area improvements include new construction and fully renovated homes. The existing configuration provides two distinct residences with separate renovation and leasing considerations.
One home is occupied under a month-to-month lease, while the second requires a complete renovation. The property is located near Southtown, Downtown San Antonio, and the Lone Star District. Nearby street and area improvements include new construction and fully renovated homes. The existing configuration provides two distinct residences with separate renovation and leasing considerations.
Key Highlights
- Two separate homes on an approximately 48' x 115' lot
- Each home is approximately 600 square feet with 1 bedroom and 1 bathroom
- Combined property size of 1,226 square feet
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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Property Analytics
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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 - One residence is leased month-to-month, while the other awaits full 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 on an approximately 48' x 115' lot; Each home is approximately 600 square feet with 1 bedroom and 1 bathroom; Combined property size of 1,226 square feet
