Fourplex with Repositioning
For Sale
$425,000
252 Natalen, San Antonio, TX 78209
Four-unit residential property with partially renovated interiors and additional remodeling needs.
Property Size3,040 SF
Price / SF$139.80
Days on Market76
Property Features for 252 Natalen
General Information
Standard status
Active
Size
3,040 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
in need of significant remodeling
Additional Details
Multifamily Units
4
Building Details
Year Built
1950
Listing Agency:
Sophus Properties, LLC
Listed By:
Donna Crabtree · License #512451
(210) 850-2833
Source:
Kingdomtxrealty
Added: Aug 2
Changed: Oct 9
Last Checked: Oct 7 at 4:36PM
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 Sophus Properties, LLC
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Investment Insights
Based on property information with market context.
This four-unit residential property contains 3,040 square feet and was built in 1950. The upper-level units are nearing rent-ready condition, while the lower-level units require significant remodeling, creating a defined renovation scope for a new owner.
The property is located in Mahncke Park in San Antonio, within the 78209 ZIP code. It is offered individually and is also part of a larger Mahncke Park investment portfolio.
The property is located in Mahncke Park in San Antonio, within the 78209 ZIP code. It is offered individually and is also part of a larger Mahncke Park investment portfolio.
Key Highlights
- Fourplex with 3,040 square feet
- Built in 1950
- Upper‑level units nearing rent‑ready condition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,991
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,820
$699.8K
Cap Rate 7%
$499,871
$499.9K
Cap Rate 9%
$388,789
$388.8K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$52.9K $17.40/SF
− Vacancy
−$2.9K −$0.96/SF
EGI
$50.0K $16.44/SF
− OpEx
−$15.0K −$4.93/SF
NOI
$35.0K $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%
$699,820
Cap Rate 7%
$499,871
Cap Rate 9%
$388,789
Alternative Uses
Best Use
Multifamily LT 5
$499.9K
$437.4K – $583.2K
NOI $34,991 @ 7.0% cap · market cap 8.23%
Second Best
Apartment 5plus
$443.6K
$388.2K – $517.6K
NOI $31,053 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$775.5K
$678.5K – $904.7K
NOI $54,282 @ 7.0% cap · market cap 12.77%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
775
Businesses Nearby
Explore this area
Business Placement
Demographics for 78209, TX
42,456
Population
22,771
Households
1.9
Avg Household Size
40
Median Age
62%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
4,162
Density / Sq Mi
$84,180
Median Household Income
$57,921
Median Earnings
$1,371
Median Rent
$497,500
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
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential property with partially renovated interiors and additional remodeling needs.
Where is this quadplex located?
The property is located at 252 Natalen San Antonio, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Fourplex with 3,040 square feet; Built in 1950; Upper‑level units nearing rent‑ready condition
