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Duplex with Month-to-Month Unit
New
For Sale
$175,000

211 Rehmann, San Antonio, TX 78204

MULTI_FAMILY - San Antonio, TX

Property Size1,226 SF
Lot Size0.13 Acres
Price / SF$142.74
Days on Market6

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
Added: Jul 27 Changed: Jul 31 Last Checked: Aug 1 at 10:06PM
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.

Investment Insights

Based on property information with market context.

This duplex property includes two separate homes on an approximately 48' x 115' lot. Each home is approximately 600 square feet and offers one bedroom and one bathroom. One home is currently leased on a month-to-month basis, while the second home requires a complete renovation, creating a value-add configuration for an investor or contractor. The property is being sold as-is.

The total property size is 1,226 square feet and it was built in 1930. It is zoned MF-18.

With two distinct homes under one roof, the setup can support strategies for generating rental income immediately from the month-to-month unit while renovating the second home to expand income potential.

Key Highlights

  • One unit leased on a month‑to‑month basis
  • Second home requires a complete renovation
  • Two separate homes, each with one bedroom and one bathroom

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 (±1% cap)
NOI $14,111 @ 7.0% cap · market cap 8.06%
Second Best
Apartment 5plus
$178.9K
$156.5K – $208.7K (±1% cap)
NOI $12,523 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$312.7K
$273.6K – $364.9K (±1% cap)
NOI $21,891 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Veterinary Clinic Computer & Electronic Repair Nursing Home Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,007
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex in zoning MF-18 with two one-bedroom, one-bath homes; one unit is month-to-month leased.
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: One unit leased on a month‑to‑month basis; Second home requires a complete renovation; Two separate homes, each with one bedroom and one bathroom
More about this property
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