Renovated Duplex with Accessory
For Sale
$335,000
219 Finton, San Antonio, TX 78204
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,796 SF
Lot Size0.14 Acres
Price / SF$186.53
Days on Market47
Property Features for 219 Finton
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Collins Garden
Middle school
Harris
High school
Burbank
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
0700
Standard status
Active
Size
1,796 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
5095
Building Details
Year built
1930
Listing Agency:
Option One Real Estate
(210) 389-5266
Listed By:
Adam Morgan · License #0752352
(210) 392-2851
Added: Aug 7
Changed: Aug 20
Last Checked: Sep 22 at 4:06PM
MLS# 2006359
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 combines a restored 1930 Craftsman residence with a detached accessory dwelling on one lot. The main home provides 3 bedrooms and 2 bathrooms, along with an open kitchen featuring custom cabinetry, granite countertops, and stainless steel appliances. Decorative bathroom tile, walk-in showers, double-pane windows, updated plumbing and electrical systems, fresh paint, and a new 30-year composition roof are among the improvements. A new HVAC system with new ductwork serves the primary residence.
The detached 720-square-foot accessory dwelling includes 2 bedrooms and 1 bathroom. Its renovation includes luxury vinyl plank flooring, soft-close cabinetry, granite countertops, decorative tile, a walk-in shower, new HVAC, and updated plumbing and electrical systems. Both residences have engineered foundations with new concrete piers and beams. The property contains 1,796 square feet and is located in downtown San Antonio, near restaurants, entertainment, shopping, cultural attractions, and major employers.
The detached 720-square-foot accessory dwelling includes 2 bedrooms and 1 bathroom. Its renovation includes luxury vinyl plank flooring, soft-close cabinetry, granite countertops, decorative tile, a walk-in shower, new HVAC, and updated plumbing and electrical systems. Both residences have engineered foundations with new concrete piers and beams. The property contains 1,796 square feet and is located in downtown San Antonio, near restaurants, entertainment, shopping, cultural attractions, and major employers.
Key Highlights
- Two residences on one lot: a 3‑bedroom, 2‑bathroom main home and a 2‑bedroom, 1‑bathroom accessory dwelling
- Detached accessory dwelling measures 720 square feet
- 1930 Craftsman main residence with new 30‑year composition roof
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,672
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$413,440
$413.4K
Cap Rate 7%
$295,314
$295.3K
Cap Rate 9%
$229,689
$229.7K
Market Conditions
NOI Build-Up for 1,796 SF
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.
Gross rent
$31.3K $17.40/SF
− Vacancy
−$1.7K −$0.96/SF
EGI
$29.5K $16.44/SF
− OpEx
−$8.9K −$4.93/SF
NOI
$20.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$413,440
Cap Rate 7%
$295,314
Cap Rate 9%
$229,689
Alternative Uses
Best Use
Multifamily LT 5
$295.3K
$258.4K – $344.5K
NOI $20,672 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$262.1K
$229.3K – $305.8K
NOI $18,346 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$458.1K
$400.9K – $534.5K
NOI $32,069 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
546
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two updated residences share one lot, offering flexible living arrangements and separate climate-control systems.
Where is this duplex located?
The property is located at 219 Finton San Antonio, TX.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two residences on one lot: a 3‑bedroom, 2‑bathroom main home and a 2‑bedroom, 1‑bathroom accessory dwelling; Detached accessory dwelling measures 720 square feet; 1930 Craftsman main residence with new 30‑year composition roof
