Renovated
New
For Sale
$400,000
235 Gabriel, San Antonio, TX 78202
Four independent one-bedroom residences offer private entrances and in-unit laundry near downtown San Antonio.
Property Size1,480 SF
Price / SF$270.27
Days on Market4
Property Features for 235 Gabriel
General Information
Standard status
Active
Size
1,480 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
a light value-add
Units
Unit Mix
4 x 1BR/1BA
Multifamily Units
4
Amenities
in-unit laundry
Building Details
Year Built
1920
Year Renovated
2023
Listing Agency:
Legendary Realty
Listed By:
Daniel Murray
(210) 762-9089
Source:
Mlsluxurygroup
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 4 at 1:45PM
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 Legendary Realty
Investment Insights
Based on property information with market context.
This fourplex contains four 1-bedroom, 1-bathroom units, with a total property size of 1,480 square feet. Each residence has its own entrance and in-unit laundry. The building dates to 1920, and all four units were renovated in 2023.
The property is in Harvard Place, a short walk from the Broadway East development and a few minutes from the Pearl and downtown. Its location is close to the urban core while set away from the main drag.
The property is in Harvard Place, a short walk from the Broadway East development and a few minutes from the Pearl and downtown. Its location is close to the urban core while set away from the main drag.
Key Highlights
- Four 1‑bedroom, 1‑bathroom units
- All units renovated in 2023
- 1,480 square feet total property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,035
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,700
$340.7K
Cap Rate 7%
$243,357
$243.4K
Cap Rate 9%
$189,278
$189.3K
Market Conditions
NOI Build-Up for 1,480 SF
Gross rent
$25.8K $17.40/SF
− Vacancy
−$1.4K −$0.96/SF
EGI
$24.3K $16.44/SF
− OpEx
−$7.3K −$4.93/SF
NOI
$17.0K $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%
$340,700
Cap Rate 7%
$243,357
Cap Rate 9%
$189,278
Alternative Uses
Best Use
Multifamily LT 5
$243.4K
$212.9K – $283.9K
NOI $17,035 @ 7.0% cap · market cap 4.26%
Second Best
Apartment 5plus
$216.0K
$189.0K – $252.0K
NOI $15,118 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$377.5K
$330.3K – $440.5K
NOI $26,427 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
712
Businesses Nearby
Explore this area
Business Placement
Demographics for 78202, TX
11,422
Population
5,288
Households
2.2
Avg Household Size
34
Median Age
26%
College-Educated
77%
High-School Grad
2.3 sq mi
ZIP Area
4,966
Density / Sq Mi
$43,708
Median Household Income
$36,390
Median Earnings
$1,218
Median Rent
$223,900
Median Home Value
Check the figures for this property
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?
Quadplex - Four independent one-bedroom residences offer private entrances and in-unit laundry near downtown San Antonio.
Where is this quadplex located?
The property is located at 235 Gabriel San Antonio, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bathroom units; All units renovated in 2023; 1,480 square feet total property size
