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Single-Story Duplex
For Sale
$175,000

305 Gillette Blvd, San Antonio, TX 78221

Multi-Family (2-8 Units), San Antonio, TX

Property Size1,548 SF
Lot Size0.20 Acres
Price / SF$113.05
Days on Market102

Property Features for 305 Gillette Blvd

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Gillette
Middle school Kingsborough
High school Mccollum
Elementary school district Harlandale I.S.D
Middle school district Harlandale I.S.D
High school district Harlandale I.S.D
Subdivision 2100
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
Listed By: Lauren Harper
Added: Jul 23 Changed: Oct 11 Last Checked: Nov 1 at 5:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

This single-story duplex contains 1,548 square feet across two separate residences: one two-bedroom unit and one one-bedroom unit. Both units are leased and the property is fully tenant occupied. Central air conditioning serves the building, which was constructed in 1949.

The 0.2-acre property occupies a corner lot at 305 Gillette Blvd in San Antonio, providing access to nearby roadways, shopping, and everyday amenities. Its two-unit layout offers a clearly defined residential income property configuration.

Key Highlights

  • 1,548‑square‑foot duplex with two separate units
  • Unit mix includes one two‑bedroom residence and one one‑bedroom residence
  • Both units are leased; property is fully tenant occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,813
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,260 $316.3K
Cap Rate 7%
$225,900 $225.9K
Cap Rate 9%
$175,700 $175.7K
Market Conditions
NOI Build-Up for 1,548 SF
Gross rent
$30.7K $19.80/SF
− Vacancy
−$1.9K −$1.23/SF
EGI
$28.8K $18.57/SF
− OpEx
−$12.9K −$8.36/SF
NOI
$15.8K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,260
Cap Rate 7%
$225,900
Cap Rate 9%
$175,700

Alternative Uses

Best Use
Multifamily LT 5
$254.5K
$222.7K – $297.0K (±1% cap)
NOI $17,818 @ 7.0% cap · market cap 10.18%
Second Best
Apartment 5plus
$225.9K
$197.7K – $263.6K (±1% cap)
NOI $15,813 @ 7.0% cap · market cap 9.04%
Theoretical Best
Office A
$394.9K
$345.5K – $460.7K (±1% cap)
NOI $27,641 @ 7.0% cap · market cap 15.79%
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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby

Demographics for 78221, TX

39,779
Population
14,939
Households
2.7
Avg Household Size
35
Median Age
12%
College-Educated
74%
High-School Grad
36.3 sq mi
ZIP Area
1,096
Density / Sq Mi
$63,114
Median Household Income
$33,439
Median Earnings
$1,147
Median Rent
$157,500
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two leased residences offer a compact, fully occupied rental configuration with central air conditioning.
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 $175,000.
What are key features of this property?
This property features: 1,548‑square‑foot duplex with two separate units; Unit mix includes one two‑bedroom residence and one one‑bedroom residence; Both units are leased; property is fully tenant occupied
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