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Furnished Duplex with Private Backyards
For Sale
$459,999

321 Andrews, San Antonio, TX 78209

Two furnished units provide flexible layouts, modern finishes, and separate outdoor areas in an established San Antonio property.

Property Size1,889 SF
Price / SF$243.51
Days on Market68

Property Features for 321 Andrews

General Information

Standard status Active
Size 1,889 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Furnished Yes
Business Included Yes
Highway Access Yes

Amenities

quartz countertops
custom soft-close wood cabinetry
complete appliance package
washer and dryer
spray foam insulation
private fenced backyards
off-street parking

Building Details

Year Built 1940
Buildings 1
Listing Agency: Real Broker, LLC
Listed By: Sonny Estrada
Source: Drialtor
Added: Aug 14 Changed: Oct 10 Last Checked: Oct 19 at 12:28PM

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 Real Broker, LLC

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Investment Insights

Based on property information with market context.

Built in 1940, this 1,889-square-foot duplex includes two furnished units, each arranged with two bedrooms, one full bathroom, and an open-concept living plan. Interior features include quartz countertops, custom soft-close wood cabinetry, a full appliance package with washer and dryer, and spray foam insulation. The property is fully operational with active short-term rental listings.

Each unit has a private fenced backyard, and the property includes off-street parking. The address at 321 Andrews places the duplex in San Antonio, near Downtown San Antonio, major highways, shopping, dining, entertainment, and area attractions. The configuration supports continued short-term rental use as well as long-term leasing or owner occupancy of one unit.

Key Highlights

  • Two‑unit duplex with 1,889 SF and a 1940 construction year
  • Each unit includes 2 bedrooms and 1 full bathroom
  • Fully furnished and operational with active short‑term rental listings

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,743
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,860 $434.9K
Cap Rate 7%
$310,614 $310.6K
Cap Rate 9%
$241,589 $241.6K
Market Conditions
NOI Build-Up for 1,889 SF
Gross rent
$32.9K $17.40/SF
− Vacancy
−$1.8K −$0.96/SF
EGI
$31.1K $16.44/SF
− OpEx
−$9.3K −$4.93/SF
NOI
$21.7K $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 Rate 5%
$434,860
Cap Rate 7%
$310,614
Cap Rate 9%
$241,589

Alternative Uses

Best Use
Multifamily LT 5
$310.6K
$271.8K – $362.4K (±1% cap)
NOI $21,743 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$275.7K
$241.2K – $321.6K (±1% cap)
NOI $19,296 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$481.9K
$421.6K – $562.2K (±1% cap)
NOI $33,730 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

629
Businesses Nearby

Demographics for 78209, TX

42,456
Population
22,771
Households
1.9
Avg Household Size
40
Median Age
62%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
4,162
Density / Sq Mi
$84,180
Median Household Income
$57,921
Median Earnings
$1,371
Median Rent
$497,500
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 furnished units provide flexible layouts, modern finishes, and separate outdoor areas in an established San Antonio property.
Where is this duplex located?
The property is located at 321 Andrews San Antonio, TX.
What is the asking price?
The asking price for this property is $459,999.
What are key features of this property?
This property features: Two‑unit duplex with 1,889 SF and a 1940 construction year; Each unit includes 2 bedrooms and 1 full bathroom; Fully furnished and operational with active short‑term rental listings
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