Turnkey Duplex Quadplex
214 East Huff Avenue San Antonio, TX 78214
214 East Huff Avenue, San Antonio, TX, 78214
$350,000
For Sale
$350,000
Turnkey multifamily with two duplexes on an MF-33 zoned lot, with three leased units and one vacant unit.
Property Size2,708 SF
Price / SF$129.25
Days on Market146
Property Features for 214 East Huff Avenue
General Information
- Standard status
- Active
- Size
- 2,708 SF
- Property subtype
- Multi-Family / Two Story
Building Details
- Year Built
- 1940
Listing agency
Phyllis Browning Company
(210) 736-9531
Listed by
Melanie Simmons
(210) 736-9531
Source
Compass
Added: Feb 26 Updated: Jul 21 at 7:18AM Checked: Jul 22 at 11:26AM
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 Phyllis Browning Company
Investment Insights
Based on property information with market context.
This turnkey multifamily investment features two duplexes on a lot zoned MF-33. The property is currently leased in a three-unit configuration, with one additional unit vacant, providing an immediate opportunity for lease-up or rent optimization. Recent updates to the units are intended to improve tenant appeal and help minimize near-term capital expenditures.
A property management service is currently in place but is described as optional, giving a buyer the choice to self-manage. Current income and expense information is available upon request.
Overall, the asset offers an operating base with in-place occupancy alongside a vacancy that can be addressed to stabilize and potentially improve gross income.
A property management service is currently in place but is described as optional, giving a buyer the choice to self-manage. Current income and expense information is available upon request.
Overall, the asset offers an operating base with in-place occupancy alongside a vacancy that can be addressed to stabilize and potentially improve gross income.
Key Highlights
- Two duplexes on an MF‑33 zoned lot (4 units total), with 3 currently leased and 1 vacant
- Current rents: $795, $750, and $835 per month; approximately $28,560 annual gross income based on current rents
- Vacant unit provides immediate value‑add opportunity for lease‑up or rent optimization
Local 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 | $47.1k | $17.40 |
| − Vacancy | −$2.6k | −$0.96 |
| EGI | $44.5k | $16.44 |
| − OpEx | −$13.4k | −$4.93 |
| NOI | $31.2k | $11.51 |
2,708 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$445.3K
$389.6K – $519.5K
NOI $31,169 @ 7.0% cap · market cap 8.91%
Second Best
Apartment 5plus
$395.2K
$345.8K – $461.0K
NOI $27,662 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$690.8K
$604.4K – $805.9K
NOI $48,354 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Turnkey multifamily with two duplexes on an MF-33 zoned lot, with three leased units and one vacant unit.
Where is this quadplex located?
The property is located at 214 East Huff Avenue San Antonio, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two duplexes on an MF‑33 zoned lot (4 units total), with 3 currently leased and 1 vacant; Current rents: $795, $750, and $835 per month; approximately $28,560 annual gross income based on current rents; Vacant unit provides immediate value‑add opportunity for lease‑up or rent optimization
