Four-Unit Quadplex with Covered
For Sale
$598,000
340 Natalen, San Antonio, TX 78209
Multi-Family (2-8 Units), San Antonio, TX
Property Size3,316 SF
Lot Size0.16 Acres
Price / SF$180.34
Days on Market141
Property Features for 340 Natalen
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MF-33, NCD-6
Elementary school
Call District
Middle school
Call District
High school
Call District
Elementary school district
San Antonio I.S.D.
Middle school district
San Antonio I.S.D.
High school district
San Antonio I.S.D.
Subdivision
1300
Standard status
Active
Size
3,316 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
10591
Amenities
washer and dryer hookups
Building Details
Year built
1936
Listing Agency:
Sophus Properties, LLC
Listed By:
Donna Crabtree
(210) 850-2833
Added: Jun 2
Changed: Aug 19
Last Checked: Oct 20 at 12:06AM
MLS# 1943104
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.
Built in 1936, this quadplex contains four one-bedroom, one-bath units within a 3,316-square-foot property. Each residence has washer and dryer hookups, a distinct floor plan, and period details associated with the original construction. Covered parking is provided onsite, with one designated space assigned to each unit.
The property sits at 340 Natalen in San Antonio’s Mahncke Park neighborhood, within ZIP Code 78209. Zoning is MF-33, NCD-6. The interiors reflect their condition during the most recent vacancy, and the property has deferred maintenance along with cosmetic updating needs. The fourplex may be acquired individually or as part of a larger portfolio.
The property sits at 340 Natalen in San Antonio’s Mahncke Park neighborhood, within ZIP Code 78209. Zoning is MF-33, NCD-6. The interiors reflect their condition during the most recent vacancy, and the property has deferred maintenance along with cosmetic updating needs. The fourplex may be acquired individually or as part of a larger portfolio.
Key Highlights
- Four one‑bedroom, one‑bath units
- 3,316 square feet on 0.161 acres
- Built in 1936 with period architectural details
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,167
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,340
$763.3K
Cap Rate 7%
$545,243
$545.2K
Cap Rate 9%
$424,078
$424.1K
Market Conditions
NOI Build-Up for 3,316 SF
Gross rent
$57.7K $17.40/SF
− Vacancy
−$3.2K −$0.96/SF
EGI
$54.5K $16.44/SF
− OpEx
−$16.4K −$4.93/SF
NOI
$38.2K $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%
$763,340
Cap Rate 7%
$545,243
Cap Rate 9%
$424,078
Alternative Uses
Best Use
Multifamily LT 5
$545.2K
$477.1K – $636.1K
NOI $38,167 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$483.9K
$423.4K – $564.5K
NOI $33,872 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$845.9K
$740.1K – $986.8K
NOI $59,210 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
775
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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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?
Quadplex - Historic-era residences include washer and dryer hookups, individual floor plans, and covered onsite parking.
Where is this quadplex located?
The property is located at 340 Natalen San Antonio, TX.
What is the asking price?
The asking price for this property is $598,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bath units; 3,316 square feet on 0.161 acres; Built in 1936 with period architectural details
