Corner Lot Duplex With Two
305 Gillette Blvd San Antonio, TX 78221
New
For Sale
$200,000
MULTI_FAMILY - San Antonio, TX
Property Size1,548 SF
Lot Size0.20 Acres
Price / SF$129.20
Days on Market5
Property Features for 305 Gillette Blvd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,548 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3814
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1949
Listing Agency:
Exquisite Properties, LLC
(210) 494-1695
Listed By:
Lauren Harper
(210) 494-1695
Added: Jul 23
Last Checked: Jul 27 at 7:06AM
MLS# 2002548
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.
This single-story duplex is designed as two separate leased units. The property includes a two-bedroom unit and a one-bedroom unit, both currently occupied. As an income-producing residential income property, it is being offered for sale in a tenant-occupied, ready-to-run configuration.
The duplex sits on a corner lot in San Antonio, Texas (Bexar County). The listing notes convenient access to nearby roadways and shopping, as well as everyday amenities.
With two units under lease, the overall layout supports a straightforward residential rental setup. The property is presented as a turnkey option for buyers seeking existing in-place occupancy.
The duplex sits on a corner lot in San Antonio, Texas (Bexar County). The listing notes convenient access to nearby roadways and shopping, as well as everyday amenities.
With two units under lease, the overall layout supports a straightforward residential rental setup. The property is presented as a turnkey option for buyers seeking existing in-place occupancy.
Key Highlights
- Single‑story duplex with 1,548 SF of living space
- Fully tenant occupied with a leased 2BR unit and a leased 1BR unit
- Two separate units: one 2‑bedroom and one 1‑bedroom
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 | $26.9k | $17.40 |
| − Vacancy | −$1.5k | −$0.96 |
| EGI | $25.5k | $16.44 |
| − OpEx | −$7.6k | −$4.93 |
| NOI | $17.8k | $11.51 |
1,548 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$254.5K
$222.7K – $297.0K
NOI $17,818 @ 7.0% cap · market cap 8.91%
Second Best
Apartment 5plus
$225.9K
$197.7K – $263.6K
NOI $15,813 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$394.9K
$345.5K – $460.7K
NOI $27,641 @ 7.0% cap · market cap 13.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Single-story duplex on a corner lot with two leased units, including a two-bedroom and a one-bedroom residence.
Where is this duplex located?
The property is located at 305 Gillette Blvd San Antonio, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Single‑story duplex with 1,548 SF of living space; Fully tenant occupied with a leased 2BR unit and a leased 1BR unit; Two separate units: one 2‑bedroom and one 1‑bedroom
