354 Ike, San Antonio, TX 78211
MULTI_FAMILY - San Antonio, TX
- Added:
- Jun 9, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 11 at 2:06 pm
Property Features for 354 Ike
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,984 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2928
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2004
Listing agent Eduardo Perez Esquivel (888) 519-7431
Listing office eXp Realty 17806 W IH 10 Ste 300, Austin, TX (888) 519-7431
Listing date Jun 9, 2026
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.
HighLights
- Income‑producing property: Tenant‑occupied unit provides immediate rental income.
- Fully renovated: Features new kitchen cabinets, granite countertops, and laminate flooring.
- Two separate units: Each unit features 2 bedrooms and 1 bath, with approximately 1,000 sq ft of living space.
- Separate utilities and HVAC: Each unit has its own central HVAC system and utility meters.
- Convenient location: Close to Downtown San Antonio, major highways, dining, and shopping.
- Ample parking and private backyard: Fully fenced property with ample parking space and a private backyard.
Overview
Conveniently located near Downtown San Antonio and major highways, the property places daily conveniences within reach, including dining and shopping.
This layout suits buyers seeking an owner-occupant arrangement with rental support from the second unit. With updates already completed and independent systems for each side, the property is set up for straightforward use as a duplex primary residence with a tenant, or as a small residential income asset where both units can be managed under one roof. The fenced, private outdoor space and ample parking add practical everyday value for occupants.
Local 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 | $34.5k | $17.40 |
| − Vacancy | −$1.9k | −$0.96 |
| EGI | $32.6k | $16.44 |
| − OpEx | −$9.8k | −$4.93 |
| NOI | $22.8k | $11.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.560368
- Latitude
- 29.328541
