2-Unit Duplex with Updated
For Sale
$229,999
3314 Perez, San Antonio, TX 78207
Two recently leased residences offer a two-bedroom layout, with differing bathroom counts across the units.
Property Size1,943 SF
Price / SF$118.37
Days on Market23
Property Features for 3314 Perez
General Information
Standard status
Active
Size
1,943 SF
Property subtype
Multi-Family
Occupancy
100%
Financials
Asking Price
$230,000
Gross Income
$22,200
Units
Unit Mix
1 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Amenities
private yard
Building Details
Year Built
1943
Buildings
1
Listing Agency:
eXp Realty
Listed By:
Kristina Foster · License #0630475
(512) 658-7194
Source:
Mlsluxurygroup
Added: Sep 28
Changed: Oct 15
Last Checked: Oct 7 at 2:18PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This 1,943-square-foot duplex, built in 1943, contains two residences with two bedrooms apiece. One has two bathrooms; the other has one. Recent updates include kitchens, bathrooms, and interior paint, and the property also has a private yard. Both residences have one-year leases in place.
The property is in San Antonio, with access to downtown, shopping, dining, and major roadways. The unit mix and recent interior improvements provide a clear overview of the existing residential configuration.
The property is in San Antonio, with access to downtown, shopping, dining, and major roadways. The unit mix and recent interior improvements provide a clear overview of the existing residential configuration.
Key Highlights
- Two‑bedroom residences with two bathrooms in one unit and one bathroom in the other
- 1,943 square feet; built in 1943
- One‑year leases recently signed for both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,847
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,940
$396.9K
Cap Rate 7%
$283,529
$283.5K
Cap Rate 9%
$220,522
$220.5K
Market Conditions
NOI Build-Up for 1,943 SF
Gross rent
$38.5K $19.80/SF
− Vacancy
−$2.4K −$1.23/SF
EGI
$36.1K $18.57/SF
− OpEx
−$16.2K −$8.36/SF
NOI
$19.8K $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%
$396,940
Cap Rate 7%
$283,529
Cap Rate 9%
$220,522
Alternative Uses
Best Use
Multifamily LT 5
$319.5K
$279.6K – $372.7K
NOI $22,364 @ 7.0% cap · market cap 9.72%
Second Best
Apartment 5plus
$283.5K
$248.1K – $330.8K
NOI $19,847 @ 7.0% cap · market cap 8.63%
Theoretical Best
Office A
$495.6K
$433.7K – $578.2K
NOI $34,694 @ 7.0% cap · market cap 15.08%
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
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Explore this area
Business Placement
Demographics for 78207, TX
51,705
Population
18,750
Households
2.8
Avg Household Size
34
Median Age
6%
College-Educated
62%
High-School Grad
7.3 sq mi
ZIP Area
7,083
Density / Sq Mi
$30,655
Median Household Income
$23,696
Median Earnings
$857
Median Rent
$93,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two recently leased residences offer a two-bedroom layout, with differing bathroom counts across the units.
Where is this duplex located?
The property is located at 3314 Perez San Antonio, TX.
What is the asking price?
The asking price for this property is $229,999.
What are key features of this property?
This property features: Two‑bedroom residences with two bathrooms in one unit and one bathroom in the other; 1,943 square feet; built in 1943; One‑year leases recently signed for both residences
