Two-Unit Townhome-Style
261 Claremont Avenue San Antonio, TX 78209
261 Claremont Avenue, San Antonio, TX, 78209
$350,000
For Sale
$350,000
Each unit offers a 2-bedroom, 1-bath townhome layout with private backyard and in-unit washer/dryer hookups.
Property Size1,656 SF
Price / SF$211.35
Days on Market167
Property Features for 261 Claremont Avenue
General Information
- Standard status
- Active
- Size
- 1,656 SF
- Property subtype
- Multi-Family / Two Story
Building Details
- Year Built
- 1939
Listing agency
Sophus Properties, LLC
(210) 219-3045
Listed by
Donna Crabtree · License #512451
(210) 219-3045
Source
Compass
Added: Feb 6 Updated: Jul 22 at 6:52AM Checked: Jul 22 at 6:52AM
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
Investment Insights
Based on property information with market context.
This duplex consists of two 2-bedroom, 1-bath units with townhome-style layouts. Both units include private backyards and individual washer and dryer hookups, supporting tenant convenience and day-to-day usability.
The property is located at 261 Claremont Avenue in San Antonio, Texas. The asset is part of a larger Mahncke Park investment portfolio, with the option to purchase the duplex individually.
Interior photographs were taken during the last vacancy of the units, and the seller notes that owner financing is available as an alternative to traditional lending.
The property is located at 261 Claremont Avenue in San Antonio, Texas. The asset is part of a larger Mahncke Park investment portfolio, with the option to purchase the duplex individually.
Interior photographs were taken during the last vacancy of the units, and the seller notes that owner financing is available as an alternative to traditional lending.
Key Highlights
- Mahncke Park duplex built in 1939 with two units, each featuring a 2‑bedroom, 1‑bath townhome‑style layout
- Each unit includes a private backyard and in‑unit washer and dryer hookups for tenant convenience
- Ceramic tile and wood flooring inside both units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.8k | $17.40 |
| − Vacancy | −$1.6k | −$0.96 |
| EGI | $27.2k | $16.44 |
| − OpEx | −$8.2k | −$4.93 |
| NOI | $19.1k | $11.51 |
1,656 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$272.3K
$238.3K – $317.7K
NOI $19,061 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$241.7K
$211.5K – $281.9K
NOI $16,916 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$422.4K
$369.6K – $492.8K
NOI $29,569 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Each unit offers a 2-bedroom, 1-bath townhome layout with private backyard and in-unit washer/dryer hookups.
Where is this duplex located?
The property is located at 261 Claremont Avenue San Antonio, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Mahncke Park duplex built in 1939 with two units, each featuring a 2‑bedroom, 1‑bath townhome‑style layout; Each unit includes a private backyard and in‑unit washer and dryer hookups for tenant convenience; Ceramic tile and wood flooring inside both units
