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2023 Duplex with Two Residences
New
For Sale
$499,990

2338 Dakota, San Antonio, TX 78203

Multi-Family (2-8 Units), San Antonio, TX

Property Size1,890 SF
Lot Size0.06 Acres
Price / SF$264.54
Days on Market3

Property Features for 2338 Dakota

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Douglass
Middle school Poe
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 1200
Standard status Active
Size 1,890 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 6910

Utilities

Cooling system Central Air

Building Details

Year built 2023
Listing Agency: RE/MAX Corridor · RE/MAX International
Listed By: Kristy Russo
Added: Oct 17 Last Checked: Oct 19 at 5:06AM
MLS# 2024282

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 duplex comprises two newly constructed residences, each with 2 bedrooms and 1.5 bathrooms. Together, the homes offer 4 bedrooms and 3 bathrooms across 1,890 square feet, with central air conditioning. Construction was completed in 2023, and the property occupies a 0.063-acre lot.

The residences are offered together at 2338 Dakota Street and 619 Hedge Street in San Antonio. Both may be purchased furnished, subject to negotiation. The configuration supports use as two separate homes within one duplex property.

Key Highlights

  • Two residences offered together as a duplex
  • Each home has 2 bedrooms and 1.5 bathrooms
  • Combined layout: 4 bedrooms and 3 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,754
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,080 $435.1K
Cap Rate 7%
$310,771 $310.8K
Cap Rate 9%
$241,711 $241.7K
Market Conditions
NOI Build-Up for 1,890 SF
Gross rent
$32.9K $17.40/SF
− Vacancy
−$1.8K −$0.96/SF
EGI
$31.1K $16.44/SF
− OpEx
−$9.3K −$4.93/SF
NOI
$21.8K $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%
$435,080
Cap Rate 7%
$310,771
Cap Rate 9%
$241,711

Alternative Uses

Best Use
Multifamily LT 5
$310.8K
$271.9K – $362.6K (±1% cap)
NOI $21,754 @ 7.0% cap · market cap 4.35%
Second Best
Apartment 5plus
$275.8K
$241.3K – $321.8K (±1% cap)
NOI $19,306 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$482.1K
$421.8K – $562.5K (±1% cap)
NOI $33,747 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Electrical Service Building Supply HVAC Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

522
Businesses Nearby

Demographics for 78203, TX

5,872
Population
2,380
Households
2.5
Avg Household Size
35
Median Age
14%
College-Educated
75%
High-School Grad
1.4 sq mi
ZIP Area
4,194
Density / Sq Mi
$34,815
Median Household Income
$28,146
Median Earnings
$989
Median Rent
$139,900
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate homes provide a combined four-bedroom layout with central air conditioning.
Where is this duplex located?
The property is located at 2338 Dakota San Antonio, TX.
What is the asking price?
The asking price for this property is $499,990.
What are key features of this property?
This property features: Two residences offered together as a duplex; Each home has 2 bedrooms and 1.5 bathrooms; Combined layout: 4 bedrooms and 3 bathrooms
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