Duplex with Separate Utility
For Sale
$230,000
3114 Saturn Street, San Antonio, TX 78226
Two-bedroom units feature individually metered utilities and mini-split heating and cooling systems.
Property Size1,344 SF
Price / SF$171.13
Days on Market167
Property Features for 3114 Saturn Street
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Multi-Family / One Story
Zoning
RM4
Occupancy
100%
Net Operating Income
$23,900
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Average Monthly Rent
$1,100
Taxes and HOA fees
Annual Taxes
$2,500
Amenities
Ceramic Tile
Wood Shingle/Shake
Conventional, FHA, VA, Cash, Investors OK
Patio Slab
Building Details
Year Built
1941
Buildings
1
Listing Agency:
Bray Real Estate Group- Dallas
Listed By:
Victoria Lara
(909) 513-5711
Source:
Compass
Added: Mar 24
Changed: Aug 31
Last Checked: Aug 30 at 6:15AM
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 Bray Real Estate Group- Dallas
Investment Insights
Based on property information with market context.
This 1,344-square-foot duplex contains two 2-bedroom, 1-bath units. Separate water and electric meters serve each unit, while mini-split systems provide heating and air conditioning. Ceramic tile, a patio slab, and a wood shingle/shake exterior are among the property features.
The property is zoned RM4 and was built in 1941. A new foundation, foundation engineer letter, and new survey are included. The property information also identifies the potential to add two additional units.
The property is zoned RM4 and was built in 1941. A new foundation, foundation engineer letter, and new survey are included. The property information also identifies the potential to add two additional units.
Key Highlights
- Two 2‑bedroom, 1‑bath units within a 1,344‑square‑foot duplex
- Separate water and electric meters for each unit
- Mini‑split systems provide heating and air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,470
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$309,400
$309.4K
Cap Rate 7%
$221,000
$221.0K
Cap Rate 9%
$171,889
$171.9K
Market Conditions
NOI Build-Up for 1,344 SF
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.
Gross rent
$23.4K $17.40/SF
− Vacancy
−$1.3K −$0.96/SF
EGI
$22.1K $16.44/SF
− OpEx
−$6.6K −$4.93/SF
NOI
$15.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$309,400
Cap Rate 7%
$221,000
Cap Rate 9%
$171,889
Alternative Uses
Best Use
Multifamily LT 5
$221.0K
$193.4K – $257.8K
NOI $15,470 @ 7.0% cap · market cap 6.73%
Second Best
Apartment 5plus
$196.1K
$171.6K – $228.8K
NOI $13,729 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$342.8K
$300.0K – $400.0K
NOI $23,998 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
300
Businesses Nearby
Explore this area
Business Placement
Demographics for 78226, TX
7,140
Population
2,850
Households
2.5
Avg Household Size
35
Median Age
8%
College-Educated
66%
High-School Grad
7.1 sq mi
ZIP Area
1,006
Density / Sq Mi
$32,340
Median Household Income
$24,497
Median Earnings
$1,014
Median Rent
$109,300
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-bedroom units feature individually metered utilities and mini-split heating and cooling systems.
Where is this duplex located?
The property is located at 3114 Saturn Street San Antonio, TX.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units within a 1,344‑square‑foot duplex; Separate water and electric meters for each unit; Mini‑split systems provide heating and air conditioning
