Two-Unit Duplex with Wood
For Sale
$155,000
2236 N Interstate 35, San Antonio, TX 78208
Two one-bedroom units include central heat and air along with refrigerator and stove appliances.
Property Size1,276 SF
Price / SF$121.47
Days on Market48
Property Features for 2236 N Interstate 35
General Information
Standard status
Active
Size
1,276 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
1959
Listing Agency:
E M Ellis Realty LLC
Listed By:
Salina Shelton
(210) 509-3409
Source:
Mlsluxurygroup
Added: Sep 4
Changed: Oct 2
Last Checked: Oct 7 at 3:41PM
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 E M Ellis Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,276-square-foot duplex contains two one-bedroom, one-bath units. Both sides feature wood flooring, central heat and air, a refrigerator, and a stove. Interior improvements include fresh paint and refurbished wood floors. Built in 1959, the property offers a clearly defined two-unit configuration with updated interior finishes.
The duplex is located near Fort Sam Houston at 2236 N Interstate 35 in San Antonio. Its separate unit layout supports occupancy of one side while the other is rented, as described for the property.
The duplex is located near Fort Sam Houston at 2236 N Interstate 35 in San Antonio. Its separate unit layout supports occupancy of one side while the other is rented, as described for the property.
Key Highlights
- Two 1/1 units within a duplex
- 1,276 SF property built in 1959
- Refurbished wood floors throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,034
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,680
$260.7K
Cap Rate 7%
$186,200
$186.2K
Cap Rate 9%
$144,822
$144.8K
Market Conditions
NOI Build-Up for 1,276 SF
Gross rent
$25.3K $19.80/SF
− Vacancy
−$1.6K −$1.23/SF
EGI
$23.7K $18.57/SF
− OpEx
−$10.7K −$8.36/SF
NOI
$13.0K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,680
Cap Rate 7%
$186,200
Cap Rate 9%
$144,822
Alternative Uses
Best Use
Multifamily LT 5
$209.8K
$183.6K – $244.8K
NOI $14,687 @ 7.0% cap · market cap 9.48%
Second Best
Apartment 5plus
$186.2K
$162.9K – $217.2K
NOI $13,034 @ 7.0% cap · market cap 8.41%
Theoretical Best
Office A
$325.5K
$284.8K – $379.7K
NOI $22,784 @ 7.0% cap · market cap 14.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
536
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom units include central heat and air along with refrigerator and stove appliances.
Where is this duplex located?
The property is located at 2236 N Interstate 35 San Antonio, TX.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Two 1/1 units within a duplex; 1,276 SF property built in 1959; Refurbished wood floors throughout
