Two-Unit
323 Claremont, San Antonio, TX 78209
For Sale
$355,000
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,788 SF
Lot Size0.15 Acres
Price / SF$198.55
Days on Market95
Property Features for 323 Claremont
General Information
Property type
Property subtype
Zoning
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Listing Agency:
Sophus Properties, LLC
Listed By:
Donna Crabtree
(210) 850-2833
Added: Aug 7
Changed: Nov 6
Last Checked: Nov 9 at 8:06PM
MLS# 1942998
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.
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Investment Insights
Based on property information with market context.
This duplex contains two residential units, each arranged with two bedrooms and one bathroom. Separate entrances provide independent access for the residences, while the property’s 1,788 square feet support a straightforward two-unit configuration. Built in 1943, the asset offers an established residential structure in San Antonio’s Mahncke Park area.
The property is located at 323 Claremont in ZIP Code 78209 and is identified within Bexar County. Its zoning designations are MF-33 and NCD-6. The 0.146-acre parcel provides the setting for the duplex and its two-unit residential use. The property has an established rental history and is offered as an individual acquisition.
The property is located at 323 Claremont in ZIP Code 78209 and is identified within Bexar County. Its zoning designations are MF-33 and NCD-6. The 0.146-acre parcel provides the setting for the duplex and its two-unit residential use. The property has an established rental history and is offered as an individual acquisition.
Key Highlights
- Two‑unit duplex with 1,788 square feet
- Each unit includes 2 bedrooms and 1 bathroom
- Separate entrances serve the individual residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,580
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,600
$411.6K
Cap Rate 7%
$294,000
$294.0K
Cap Rate 9%
$228,667
$228.7K
Market Conditions
NOI Build-Up for 1,788 SF
Gross rent
$31.1K $17.40/SF
− Vacancy
−$1.7K −$0.96/SF
EGI
$29.4K $16.44/SF
− OpEx
−$8.8K −$4.93/SF
NOI
$20.6K $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%
$411,600
Cap Rate 7%
$294,000
Cap Rate 9%
$228,667
Alternative Uses
Best Use
Multifamily LT 5
$294.0K
$257.3K – $343.0K
NOI $20,580 @ 7.0% cap · market cap 5.80%
Second Best
Apartment 5plus
$260.9K
$228.3K – $304.4K
NOI $18,264 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$456.1K
$399.1K – $532.1K
NOI $31,926 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
740
Businesses Nearby
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Business Placement
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
$497,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in San Antonio, TX
Properties on Market for Duplexes in San Antonio
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms, one bathroom, and separate entrances within a compact multifamily property.
Where is this duplex located?
The property is located at 323 Claremont San Antonio, TX.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,788 square feet; Each unit includes 2 bedrooms and 1 bathroom; Separate entrances serve the individual residences
