Renovated Two-Unit
For Sale
$219,000
2815 S Pine St, San Antonio, TX 78210
Upstairs and downstairs units offer updated interiors, central air and heat, wood flooring, tile, and laundry connections.
Property Size1,620 SF
Price / SF$135.19
Days on Market223
Property Features for 2815 S Pine St
General Information
Standard status
Active
Size
1,620 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
spacious backyard
washer/dryer connections
Building Details
Year Built
1940
Year Renovated
2023
Listing Agency:
Vortex Realty
Listed By:
Marcus Bledsoe · License #554342
(210) 647-6557
Source:
Pomparealtygroupsa
Added: Mar 13
Changed: Oct 13
Last Checked: Oct 20 at 5:56PM
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 Vortex Realty
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Investment Insights
Based on property information with market context.
This 1,620-square-foot duplex contains one residence on each level, creating a clear separation between the upstairs and downstairs units. Built in 1940 and renovated in 2023, the property includes new electrical wiring, central air and heat, ceramic tile, refinished original wood floors, and updated countertops. Washer and dryer connections and a spacious backyard add practical utility.
The property is located in the Highland Park area of San Antonio at 2815 South Pine Street, with access to Downtown, the Alamodome, downtown employers, dining, entertainment, and major roadways. Its two-unit layout supports separate occupancy and rental use, subject to buyer verification of applicable use and regulations.
The property is located in the Highland Park area of San Antonio at 2815 South Pine Street, with access to Downtown, the Alamodome, downtown employers, dining, entertainment, and major roadways. Its two-unit layout supports separate occupancy and rental use, subject to buyer verification of applicable use and regulations.
Key Highlights
- 1,620‑square‑foot duplex with one unit upstairs and one downstairs
- Renovated in 2023 with new electrical wiring, central air and heat, tile, wood floors, and updated countertops
- Spacious backyard and washer/dryer connections
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,646
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,920
$372.9K
Cap Rate 7%
$266,371
$266.4K
Cap Rate 9%
$207,178
$207.2K
Market Conditions
NOI Build-Up for 1,620 SF
Gross rent
$28.2K $17.40/SF
− Vacancy
−$1.6K −$0.96/SF
EGI
$26.6K $16.44/SF
− OpEx
−$8.0K −$4.93/SF
NOI
$18.6K $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%
$372,920
Cap Rate 7%
$266,371
Cap Rate 9%
$207,178
Alternative Uses
Best Use
Multifamily LT 5
$266.4K
$233.1K – $310.8K
NOI $18,646 @ 7.0% cap · market cap 8.51%
Second Best
Apartment 5plus
$236.4K
$206.9K – $275.8K
NOI $16,548 @ 7.0% cap · market cap 7.56%
Theoretical Best
Office A
$413.2K
$361.6K – $482.1K
NOI $28,926 @ 7.0% cap · market cap 13.21%
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
484
Businesses Nearby
Explore this area
Business Placement
Demographics for 78210, TX
33,010
Population
14,410
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
4,522
Density / Sq Mi
$51,990
Median Household Income
$33,271
Median Earnings
$1,119
Median Rent
$172,700
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 - Upstairs and downstairs units offer updated interiors, central air and heat, wood flooring, tile, and laundry connections.
Where is this duplex located?
The property is located at 2815 S Pine St San Antonio, TX.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 1,620‑square‑foot duplex with one unit upstairs and one downstairs; Renovated in 2023 with new electrical wiring, central air and heat, tile, wood floors, and updated countertops; Spacious backyard and washer/dryer connections
