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Three-Unit Triplex with Garage

Villa Palmeras 326 CALLE COLTON, San Juan, PR 00915

For Sale
$205,000
Pending

Residential Income, SAN JUAN, PRI

Property Size1,581 SF
Lot Size0.04 Acres
Days on Market204

Property Features for Villa Palmeras 326 CALLE COLTON

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R1
Rooms Laundry Room
Parking features Garage
Interior features Ninguno
Exterior features Balcony
Subdivision VILLA PALMERAS
Directions Via Expreso Roman Baldorioty de Castro/PR-26 Head toward Calle Billian/Av Manuel Fernandez Juncos/PR-35 Take the ramp to Carolina Continue onto Expreso Roman Baldorioty de Castro/PR-26 Take exit 4 toward Calle Tapia/Calle Degetau/Calle Providencia Continue onto Marginal Baldorioty de Castro Turn right onto Calle La Esperanza 326 Calle Colton
Standard status Pending
APN 041-072-352-15-802
Size 1,581 SF
Lot size 0.04 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Water source Public

Building Details

Year built 1960
Building materials Block, Concrete
Roof type Concrete
Listing Agency: ADVANCE REAL ESTATE PR
Listed By: Carmen Marrero · License PR #19048
Added: Apr 21 Changed: Oct 13 Last Checked: Nov 10 at 7:06AM
MLS# PR9120812

Copyright © 2026 Stellar 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 1,581-square-foot triplex contains three residential units within a block-and-concrete structure completed in 1960. Each of the two primary units has three bedrooms, one bathroom, a living room, dining area, and kitchen. The separate third apartment offers two bedrooms, one bathroom, and a living room. A laundry room, balcony, and garage add functional features, while the concrete roof provides a durable building component.

The property occupies 0.04 acres and carries R1 zoning. Public water and public sewer serve the site, and cable service is available. The address is in Villa Palmeras within San Juan, Puerto Rico, with the property identified by the 00915 postal code.

Key Highlights

  • Three residential units in one property
  • 1,581 square feet on a 0.04‑acre lot
  • Two units with 3 bedrooms and 1 bathroom each

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,160
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,200 $323.2K
Cap Rate 7%
$230,857 $230.9K
Cap Rate 9%
$179,556 $179.6K
Market Conditions
NOI Build-Up for 1,581 SF
Gross rent
$24.2K $15.30/SF
− Vacancy
−$1.1K −$0.70/SF
EGI
$23.1K $14.60/SF
− OpEx
−$6.9K −$4.38/SF
NOI
$16.2K $10.22/SF
Area
San Juan, PR
Vacancy
4.56%
Lease Rate
$15.30 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,200
Cap Rate 7%
$230,857
Cap Rate 9%
$179,556

Alternative Uses

Best Use
Multifamily LT 5
$230.9K
$202.0K – $269.3K (±1% cap)
NOI $16,160 @ 7.0% cap · market cap 7.88%
Second Best
Apartment 5plus
$201.0K
$175.9K – $234.6K (±1% cap)
NOI $14,073 @ 7.0% cap · market cap 6.86%
Theoretical Best
Specialty Retail
$387.0K
$338.7K – $451.5K (±1% cap)
NOI $27,092 @ 7.0% cap · market cap 13.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

3
Residential units

Location Intelligence

Demographics for 00915, PR

25,075
Population
15,402
Households
1.6
Avg Household Size
44
Median Age
14%
College-Educated
67%
High-School Grad
1.4 sq mi
ZIP Area
17,911
Density / Sq Mi
$14,502
Median Household Income
$13,758
Median Earnings
$517
Median Rent
$109,600
Median Home Value

Market

Average Price Trend$/SF for Triplexes in San Juan County, PR

$187 Jul
$197 Aug
$156 Sep
$153 Oct

Properties on Market for Triplexes in San Juan County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in the U.S.

7.1% 2022
8.3% 2023
9.3% 2024
9.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residential units include separate living areas and kitchens, with public water and sewer service.
Where is this triplex located?
The property is located at Villa Palmeras 326 CALLE COLTON San Juan, PR.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Three residential units in one property; 1,581 square feet on a 0.04‑acre lot; Two units with 3 bedrooms and 1 bathroom each
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