Fully Occupied
223 BEE ST, San Antonio, TX 78208
For Sale
$300,000
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,547 SF
Lot Size0.18 Acres
Price / SF$193.92
Days on Market53
Property Features for 223 BEE ST
General Information
Property type
Property subtype
Zoning
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Jesse Perez · License TX #0811078
(214) 202-7615
Added: Sep 18
Changed: Sep 21
Last Checked: Nov 9 at 7:06PM
MLS# 2017557
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.
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Investment Insights
Based on property information with market context.
This 1,547-square-foot triplex contains three residential units and was built in 1948. Full occupancy provides an established rental setup, while the R-6 zoning designation supports the property’s multifamily classification.
The property is located in San Antonio’s Government Hill area, just outside Fort Sam Houston. Downtown, the River Walk, the Alamo, the Frost Bank Center, the Pearl entertainment district, and the airport are all identified as accessible from the property.
The property is located in San Antonio’s Government Hill area, just outside Fort Sam Houston. Downtown, the River Walk, the Alamo, the Frost Bank Center, the Pearl entertainment district, and the airport are all identified as accessible from the property.
Key Highlights
- Three‑unit multifamily property with all units occupied
- 1,547 square feet on 0.175 acres
- R‑6 zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,806
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$356,120
$356.1K
Cap Rate 7%
$254,371
$254.4K
Cap Rate 9%
$197,844
$197.8K
Market Conditions
NOI Build-Up for 1,547 SF
Gross rent
$26.9K $17.40/SF
− Vacancy
−$1.5K −$0.96/SF
EGI
$25.4K $16.44/SF
− OpEx
−$7.6K −$4.93/SF
NOI
$17.8K $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%
$356,120
Cap Rate 7%
$254,371
Cap Rate 9%
$197,844
Alternative Uses
Best Use
Multifamily LT 5
$254.4K
$222.6K – $296.8K
NOI $17,806 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$225.7K
$197.5K – $263.4K
NOI $15,802 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$394.6K
$345.3K – $460.4K
NOI $27,623 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Explore this area
Business Placement
Demographics for 78208, TX
3,874
Population
2,292
Households
1.7
Avg Household Size
35
Median Age
13%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
3,874
Density / Sq Mi
$23,194
Median Household Income
$26,136
Median Earnings
$894
Median Rent
$125,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in San Antonio, TX
Properties on Market for Triplexes in San Antonio
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units are occupied within an R-6-zoned property near Fort Sam Houston.
Where is this triplex located?
The property is located at 223 BEE ST San Antonio, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Three‑unit multifamily property with all units occupied; 1,547 square feet on 0.175 acres; R‑6 zoning designation
