Corner Lot Duplex Investment
3902 West Salinas San Antonio, TX 78207
3902 West Salinas, San Antonio, TX, 78207
$289,000
For Sale
$289,000
Duplex on corner lot with ample parking and fencing.
Property Size1,746 SF
Price / SF$165.52
Days on Market181
Property Features for 3902 West Salinas
General Information
- Standard status
- Active
- Size
- 1,746 SF
- Property subtype
- Multi-Family / One Story
Building Details
- Year Built
- 1942
Listing Agency
Alamo Home Source Realty
(210) 663-9577
Listed by
Isaac Korrodi
(210) 663-9577
Source
Compass
Added: Jan 20 Updated: Jul 10 at 12:15 pm Checked: Jul 19 at 4:49 am
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 Alamo Home Source Realty
Investment Insights
Based on property information with market context.
This property presents an investment opportunity, featuring a main house with 4 bedrooms and 2 bathrooms equipped with central air and heat. Additionally, there is a detached unit that also includes 4 bedrooms and 2 bathrooms. Situated on a corner lot, the property provides ample parking space for both units and is completely fenced in. The property size is 1746 square feet.
Key Highlights
- Two separate units, each featuring 4 bedrooms and 2 bathrooms.
- Corner lot location.
- Ample parking space for both units.
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 | $30.4k | $17.40 |
| − Vacancy | −$1.7k | −$0.96 |
| EGI | $28.7k | $16.44 |
| − OpEx | −$8.6k | −$4.93 |
| NOI | $20.1k | $11.51 |
1,746 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$287.1K
$251.2K – $335.0K
NOI $20,097 @ 7.0% cap · market cap 6.95%
Second Best
Apartment 5plus
$254.8K
$222.9K – $297.3K
NOI $17,835 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$445.4K
$389.7K – $519.6K
NOI $31,176 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex on corner lot with ample parking and fencing.
Where is this duplex located?
The property is located at 3902 West Salinas San Antonio, TX.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Two separate units, each featuring 4 bedrooms and 2 bathrooms.; Corner lot location.; Ample parking space for both units.
