Townhome-Style Duplex with
For Sale
$350,000
261 Claremont, San Antonio, TX 78209
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,656 SF
Lot Size0.19 Acres
Price / SF$211.35
Days on Market141
Property Features for 261 Claremont
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MF-33 NDC-6
Elementary school
Call District
Middle school
Call District
High school
Call District
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
1300
Standard status
Active
Size
1,656 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Annual Amount
7809
Amenities
private backyards
individual washer and dryer hookups
Building Details
Year built
1939
Listing Agency:
Sophus Properties, LLC
Listed By:
Donna Crabtree
(210) 850-2833
Added: Jun 2
Changed: Aug 19
Last Checked: Oct 20 at 3:06AM
MLS# 1942957
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 contains 1,656 square feet arranged as two townhome-style residences, each with two bedrooms and one bathroom. Both units include private backyards and individual washer and dryer hookups. The property was built in 1939 and is situated on a 0.192-acre lot.
Located in San Antonio’s Mahncke Park area, the property carries MF-33 NDC-6 zoning. It may be acquired individually from a larger investment portfolio, and owner financing is available. The two-unit configuration provides a straightforward residential income property format with separate living spaces and outdoor areas for each residence.
Located in San Antonio’s Mahncke Park area, the property carries MF-33 NDC-6 zoning. It may be acquired individually from a larger investment portfolio, and owner financing is available. The two-unit configuration provides a straightforward residential income property format with separate living spaces and outdoor areas for each residence.
Key Highlights
- Two‑unit duplex with 1,656 square feet
- Each residence offers 2 bedrooms and 1 bathroom
- Townhome‑style layouts with private backyards
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.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
740
Businesses Nearby
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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?
Duplex - Two two-bedroom residences include private outdoor areas and individual laundry hookups.
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 1,656 square feet; Each residence offers 2 bedrooms and 1 bathroom; Townhome‑style layouts with private backyards
