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Duplex with Month-to-Month Occupancy

3414 Gateway Dr, San Antonio, TX 78210

For Sale
$187,900

Two-unit residential property with one occupied unit and renovation needs identified.

Property Size1,444 SF
Price / SF$130.12
Days on Market98

Property Features for 3414 Gateway Dr

General Information

Standard status Active
Size 1,444 SF
Property subtype Multi-Family

Site & Location

Neighborhood Pecan Valley
Highway Access Yes

Additional Details

Multifamily Units 2

Building Details

Year Built 1986
Listing Agency: Grand Slam Realty LLC
Listed By: Pedro Nieto
Source: Theswinneygroup
Added: Aug 8 Changed: Oct 25 Last Checked: Nov 12 at 10:46AM

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 Grand Slam Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This 1,444-square-foot duplex at 3414 Gateway Dr includes one unit occupied by a month-to-month tenant. The property is offered in its current condition, with minor cosmetic work and appliance replacements identified as needed.

Access to major highways is available from the property. The occupied unit may be shown after an accepted contract, and the existing tenancy can be addressed through lease negotiations or notice in accordance with applicable Texas law.

Key Highlights

  • 1,444‑square‑foot duplex at 3414 Gateway Dr, San Antonio, TX
  • One unit occupied by a month‑to‑month tenant
  • Minor cosmetic updates and appliance replacements are needed

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,621
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,420 $332.4K
Cap Rate 7%
$237,443 $237.4K
Cap Rate 9%
$184,678 $184.7K
Market Conditions
NOI Build-Up for 1,444 SF
Gross rent
$25.1K $17.40/SF
− Vacancy
−$1.4K −$0.96/SF
EGI
$23.7K $16.44/SF
− OpEx
−$7.1K −$4.93/SF
NOI
$16.6K $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%
$332,420
Cap Rate 7%
$237,443
Cap Rate 9%
$184,678

Alternative Uses

Best Use
Multifamily LT 5
$237.4K
$207.8K – $277.0K (±1% cap)
NOI $16,621 @ 7.0% cap · market cap 8.85%
Second Best
Apartment 5plus
$210.7K
$184.4K – $245.8K (±1% cap)
NOI $14,750 @ 7.0% cap · market cap 7.85%
Theoretical Best
Office A
$368.3K
$322.3K – $429.7K (±1% cap)
NOI $25,784 @ 7.0% cap · market cap 13.72%
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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby

Demographics for 78210, TX

33,010
Population
14,410
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
4,522
Density / Sq Mi
$51,990
Median Household Income
$33,271
Median Earnings
$1,119
Median Rent
$172,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in San Antonio, TX

$194 Jul
$174 Aug
$181 Sep
$171 Oct

Properties on Market for Duplexes in San Antonio

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with one occupied unit and renovation needs identified.
Where is this duplex located?
The property is located at 3414 Gateway Dr San Antonio, TX.
What is the asking price?
The asking price for this property is $187,900.
What are key features of this property?
This property features: 1,444‑square‑foot duplex at 3414 Gateway Dr, San Antonio, TX; One unit occupied by a month‑to‑month tenant; Minor cosmetic updates and appliance replacements are needed
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