Two-Unit Duplex with Original Wood
New
For Sale
$215,000
2631 Cincinnati Ave, San Antonio, TX 78228
Two separate electric meters serve the 2-bedroom and 1-bedroom residences.
Property Size1,494 SF
Price / SF$143.91
Days on Market6
Property Features for 2631 Cincinnati Ave
General Information
Standard status
Active
Size
1,494 SF
Property subtype
Residential Income
Site & Location
Neighborhood
University Park
Highway Access
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Individually Metered Utilities
electricity
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$4,425
Listing Agency:
RE/MAX Alamo Realty
(210) 682-9898
Listed By:
Esteban Trevino · License #484189
(210) 326-6183
Source:
Exprealty
Added: Oct 23
Changed: Oct 27
Last Checked: Oct 26 at 4:28PM
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 RE/MAX Alamo Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two residences totaling 1,494 square feet. One unit has two bedrooms and one bathroom; the other has one bedroom and one bathroom. Both retain original wood flooring and include a refrigerator and stove. Window air-conditioning units provide cooling, with electric wall heaters for heat. The property has separate electric meters and one shared water meter.
The property is at 2631 Cincinnati Ave in San Antonio, across from St. Mary's University. Downtown San Antonio, IH 10, Loop 410, and SAISD schools are minutes away.
The property is at 2631 Cincinnati Ave in San Antonio, across from St. Mary's University. Downtown San Antonio, IH 10, Loop 410, and SAISD schools are minutes away.
Key Highlights
- Two‑unit duplex totaling 1,494 square feet
- Unit mix: one 2‑bedroom, 1‑bath residence and one 1‑bedroom, 1‑bath residence
- Original wood flooring in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,196
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,920
$343.9K
Cap Rate 7%
$245,657
$245.7K
Cap Rate 9%
$191,067
$191.1K
Market Conditions
NOI Build-Up for 1,494 SF
Gross rent
$26.0K $17.40/SF
− Vacancy
−$1.4K −$0.96/SF
EGI
$24.6K $16.44/SF
− OpEx
−$7.4K −$4.93/SF
NOI
$17.2K $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%
$343,920
Cap Rate 7%
$245,657
Cap Rate 9%
$191,067
Alternative Uses
Best Use
Multifamily LT 5
$245.7K
$215.0K – $286.6K
NOI $17,196 @ 7.0% cap · market cap 8.00%
Second Best
Apartment 5plus
$218.0K
$190.8K – $254.4K
NOI $15,261 @ 7.0% cap · market cap 7.10%
Theoretical Best
Office A
$381.1K
$333.5K – $444.6K
NOI $26,677 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
717
Businesses Nearby
Explore this area
Business Placement
Demographics for 78228, TX
56,369
Population
21,397
Households
2.6
Avg Household Size
37
Median Age
14%
College-Educated
74%
High-School Grad
10.9 sq mi
ZIP Area
5,171
Density / Sq Mi
$50,865
Median Household Income
$30,811
Median Earnings
$1,004
Median Rent
$164,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate electric meters serve the 2-bedroom and 1-bedroom residences.
Where is this duplex located?
The property is located at 2631 Cincinnati Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,494 square feet; Unit mix: one 2‑bedroom, 1‑bath residence and one 1‑bedroom, 1‑bath residence; Original wood flooring in both units
