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Newer Duplex with Two 2BR Units
For Sale
$370,000

2902 S Laredo St, San Antonio, TX 78207

MULTI_FAMILY - San Antonio, TX

Property Size2,025 SF
Lot Size0.10 Acres
Price / SF$182.72
Days on Market54

Property Features for 2902 S Laredo St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MF-33
Elementary school Call District
Middle school Call District
High school Call District
Elementary school district CALL DISTRICT
Middle school district CALL DISTRICT
High school district CALL DISTRICT
Subdivision 0700
Standard status Active
Size 2,025 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Annual Amount 6084

Utilities

Cooling system Central Air

Building Details

Year built 2022
Listing Agency: Uriah Real Estate Organization
Listed By: Uri Uriah · License #9002555
Added: Jun 9 Last Checked: Aug 1 at 10:06PM
MLS# 1990291

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.

Investment Insights

Based on property information with market context.

2902 S Laredo St is a duplex featuring two residential units constructed in 2022. Each unit is laid out with two bedrooms and two bathrooms, with modern finishes and functional floor plans designed for day-to-day living. The property also includes separate utility meters, which can simplify tenant billing and help distinguish each unit’s operating costs.

The duplex is zoned MF-33, supporting multifamily use. It’s located on San Antonio’s West Side and is described as being minutes from Downtown, with connectivity to I-35, I-10, and US-90. The surrounding area is characterized in the listing remarks as near parks, retail, dining, and ongoing redevelopment.

For buyers seeking a newer multifamily asset, this property provides a straightforward two-unit configuration with matched 2-bedroom, 2-bath layouts. Separate metering supports independent utility management between units, while the duplex structure allows operators to manage two tenants under one ownership platform. The 2022 construction timing and modern interior approach may also be appealing to investors focused on maintaining a contemporary residential product.

Key Highlights

  • 2022‑built duplex with two residential units
  • Each unit offers a 2‑bedroom, 2‑bathroom layout
  • Central air cooling

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 (±1% cap)
NOI $23,308 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$295.5K
$258.6K – $344.8K (±1% cap)
NOI $20,685 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$516.5K
$452.0K – $602.6K (±1% cap)
NOI $36,158 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Law Firm Nail Salon Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Built in 2022, this duplex offers two 2-bedroom, 2-bath units with separate utility meters for streamlined ownership.
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: 2022‑built duplex with two residential units; Each unit offers a 2‑bedroom, 2‑bathroom layout; Central air cooling
More about this property
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