2022-Built Duplex
For Sale
Contact for pricing
2902 S LAREDO ST, San Antonio, TX 78207
Two 2-bedroom, 2-bath units built in 2022, each with separate utility meters, offering residential income potential.
Property Size2,025 SF
Price / SF$182.72
Days on Market58
Property Features for 2902 S LAREDO ST
General Information
Standard status
Active
Size
2,025 SF
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
2022
Listing Agency:
Uriah Real Estate Oganization LLC
(210) 315-8885
Listed By:
Uri Uriah · License #9002555
Source:
Crexi
Added: Jun 9
Changed: Jul 10
Last Checked: Aug 5 at 4:15AM
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 Uriah Real Estate Oganization LLC
Investment Insights
Based on property information with market context.
2902 S Laredo St is a duplex built in 2022 featuring two residential units with matching 2-bedroom, 2-bathroom layouts. The property is described as having modern finishes and functional floor plans, supporting straightforward day-to-day living arrangements for each unit. Separate utility meters are in place, which can help streamline resident billing and operational management.
The duplex is located on San Antonio’s West Side. The remarks indicate it is minutes from Downtown and provides connectivity to major routes, including I-35, I-10, and US-90. The surrounding area is characterized as an established urban neighborhood with proximity to parks, retail, dining, and ongoing redevelopment activity.
For buyers seeking a newer, purpose-built duplex, this asset presents a clean, modern option with two self-contained residential units. The 2/2 unit mix can appeal to tenants looking for flexible space, and the presence of separate utility meters supports a more conventional, unit-by-unit utility structure. As a residential income property, it may fit investors who want a compact multifamily portfolio anchored by a recent build date and a practical duplex configuration.
The duplex is located on San Antonio’s West Side. The remarks indicate it is minutes from Downtown and provides connectivity to major routes, including I-35, I-10, and US-90. The surrounding area is characterized as an established urban neighborhood with proximity to parks, retail, dining, and ongoing redevelopment activity.
For buyers seeking a newer, purpose-built duplex, this asset presents a clean, modern option with two self-contained residential units. The 2/2 unit mix can appeal to tenants looking for flexible space, and the presence of separate utility meters supports a more conventional, unit-by-unit utility structure. As a residential income property, it may fit investors who want a compact multifamily portfolio anchored by a recent build date and a practical duplex configuration.
Key Highlights
- Duplex built in 2022 with two residential units
- Each unit features a 2‑bedroom, 2‑bath layout
- Each unit has separate utility meters
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 | $35.2k | $17.40 |
| − Vacancy | −$1.9k | −$0.96 |
| EGI | $33.3k | $16.44 |
| − OpEx | −$10.0k | −$4.93 |
| NOI | $23.3k | $11.51 |
2,025 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$333.0K
$291.4K – $388.5K
NOI $23,308 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$295.5K
$258.6K – $344.8K
NOI $20,685 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$516.5K
$452.0K – $602.6K
NOI $36,158 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
738
Businesses Nearby
Explore this area
Business Placement
Demographics for 78207, TX
51,705
Population
18,750
Households
2.8
Avg Household Size
34
Median Age
6%
College-Educated
62%
High-School Grad
7.3 sq mi
ZIP Area
7,083
Density / Sq Mi
$30,655
Median Household Income
$23,696
Median Earnings
$857
Median Rent
$93,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two 2-bedroom, 2-bath units built in 2022, each with separate utility meters, offering residential income potential.
Where is this duplex located?
The property is located at 2902 S LAREDO ST San Antonio, TX.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Duplex built in 2022 with two residential units; Each unit features a 2‑bedroom, 2‑bath layout; Each unit has separate utility meters
