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333 Natalen Avenue, San Antonio, TX, 78209
Mahncke Park Duplex Investment

333 Natalen Avenue San Antonio, TX 78209

For Sale
$435,000

Two spacious 2-bedroom, 1-bath units each with dedicated laundry; one unit has a recently completed electrical upgrade.

Property Size2,670 SF
Price / SF$162.92
Days on Market167

Property Features for 333 Natalen Avenue

General Information

Standard status
Active
Size
2,670 SF
Property subtype
Multi-Family / Two Story

Building Details

Year Built
1948
Listing Agency: Sophus Properties, LLC
Listed By: Donna Crabtree · License #512451
Source: Compass
Added: Feb 6 Changed: Jul 22 Last Checked: Jul 22 at 7:11AM

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 Sophus Properties, LLC


Investment Insights

Based on property information with market context.

This duplex offers two separate 2-bedroom, 1-bath floor plans, each with dedicated laundry room space. The downstairs unit includes an additional separate room suitable for flexible use, while the upstairs unit has a private patio overlooking the street. One unit has recently undergone a full electrical upgrade, and the interior photos reflect conditions during the most recent vacancy.

Located at 333 Natalen Avenue in the Mahncke Park area of San Antonio, this property is presented as an individual acquisition option or as part of a larger portfolio.

With deferred maintenance and cosmetic updates indicated, the duplex is being marketed as a value-add opportunity where a buyer can align renovations with future rent potential.

Key Highlights

  • Duplex in Mahncke Park with two spacious 2‑bedroom, 1‑bath units
  • Each unit features over 1,300 sq ft living space and a dedicated laundry room
  • Downstairs unit includes an additional separate room for study, home office, or flex space

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $46.5k $17.40
− Vacancy −$2.6k −$0.96
EGI $43.9k $16.44
− OpEx −$13.2k −$4.93
NOI $30.7k $11.51
2,670 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$439.0K
$384.2K – $512.2K (±1% cap)
NOI $30,732 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$389.6K
$340.9K – $454.6K (±1% cap)
NOI $27,274 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$681.1K
$595.9K – $794.6K (±1% cap)
NOI $47,675 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply HVAC Service Furniture & Home Goods Electrical Service Storage Facility Carpet & Flooring Store Catering Service Grocery & Convenience Store Butcher (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two spacious 2-bedroom, 1-bath units each with dedicated laundry; one unit has a recently completed electrical upgrade.
Where is this duplex located?
The property is located at 333 Natalen Avenue San Antonio, TX.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Duplex in Mahncke Park with two spacious 2‑bedroom, 1‑bath units; Each unit features over 1,300 sq ft living space and a dedicated laundry room; Downstairs unit includes an additional separate room for study, home office, or flex space
More about this property
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