Two-Unit Townhome-Style
For Sale
$350,000
261 Claremont, San Antonio, TX 78209
Both residences offer private outdoor space and individual laundry hookups for tenant convenience.
Property Size1,656 SF
Price / SF$211.35
Days on Market54
Property Features for 261 Claremont
General Information
Standard status
Active
Size
1,656 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
private backyards
washer and dryer hookups
Building Details
Year Built
1939
Listing Agency:
Sophus Properties, LLC
Listed By:
Donna Crabtree · License #512451
(210) 850-2833
Source:
Sarahildebrandaguilera
Added: Aug 26
Changed: Oct 15
Last Checked: Oct 7 at 2:37PM
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.
Built in 1939, this duplex at 261 Claremont in San Antonio includes two townhome-style residences, each with 2 bedrooms and 1 bath. The 1,656-square-foot property provides a consistent two-unit configuration, with private backyards and individual washer and dryer hookups serving each residence.
The property is located in the Mahncke Park area of San Antonio, within ZIP code 78209. It may be acquired individually from a larger investment portfolio, and owner financing is available as an alternative acquisition structure.
The property is located in the Mahncke Park area of San Antonio, within ZIP code 78209. It may be acquired individually from a larger investment portfolio, and owner financing is available as an alternative acquisition structure.
Key Highlights
- Two‑unit duplex with townhome‑style layouts
- Each residence includes 2 bedrooms and 1 bath
- 1,656 square feet built in 1939
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,061
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,220
$381.2K
Cap Rate 7%
$272,300
$272.3K
Cap Rate 9%
$211,789
$211.8K
Market Conditions
NOI Build-Up for 1,656 SF
Gross rent
$28.8K $17.40/SF
− Vacancy
−$1.6K −$0.96/SF
EGI
$27.2K $16.44/SF
− OpEx
−$8.2K −$4.93/SF
NOI
$19.1K $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%
$381,220
Cap Rate 7%
$272,300
Cap Rate 9%
$211,789
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
740
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer private outdoor space and individual laundry hookups for tenant convenience.
Where is this duplex located?
The property is located at 261 Claremont 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: Two‑unit duplex with townhome‑style layouts; Each residence includes 2 bedrooms and 1 bath; 1,656 square feet built in 1939
