Renovated Duplex with In-Place
For Sale
$229,000
401 Dora St, San Antonio, TX 78212
Two updated rental units offer equipped kitchens, in-unit laundry, and durable laminate flooring throughout.
Property Size988 SF
Price / SF$231.78
Days on Market86
Property Features for 401 Dora St
General Information
Standard status
Active
Size
988 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1940
Listing Agency:
RE/MAX Unlimited
Listed By:
Rachel Bruno · License #559495
(210) 639-8123
Source:
Shebaramos
Added: Jul 28
Changed: Oct 9
Last Checked: Oct 20 at 9:41PM
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 RE/MAX Unlimited
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Investment Insights
Based on property information with market context.
This duplex contains two rental units within a 988-square-foot property built in 1940. Both units feature laminate flooring, updated kitchens and bathrooms, and appliances including a stove, refrigerator, and stackable washer and dryer. The property has received renovations over time and presents a contemporary interior design.
Tenants are currently in place, providing an established occupancy profile. The property is located at 401 Dora St in San Antonio, near Olmos Park. Its two-unit configuration supports continued rental use, with each residence separately equipped for everyday occupancy.
Tenants are currently in place, providing an established occupancy profile. The property is located at 401 Dora St in San Antonio, near Olmos Park. Its two-unit configuration supports continued rental use, with each residence separately equipped for everyday occupancy.
Key Highlights
- Two‑unit duplex at 401 Dora St, San Antonio, TX 78212
- 988‑square‑foot property built in 1940
- Tenants currently occupy the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,372
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,440
$227.4K
Cap Rate 7%
$162,457
$162.5K
Cap Rate 9%
$126,356
$126.4K
Market Conditions
NOI Build-Up for 988 SF
Gross rent
$17.2K $17.40/SF
− Vacancy
−$946 −$0.96/SF
EGI
$16.2K $16.44/SF
− OpEx
−$4.9K −$4.93/SF
NOI
$11.4K $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%
$227,440
Cap Rate 7%
$162,457
Cap Rate 9%
$126,356
Alternative Uses
Best Use
Multifamily LT 5
$162.5K
$142.2K – $189.5K
NOI $11,372 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$144.2K
$126.2K – $168.2K
NOI $10,092 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$252.0K
$220.5K – $294.0K
NOI $17,642 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,249
Businesses Nearby
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Business Placement
Demographics for 78212, TX
26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
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?
Duplex - Two updated rental units offer equipped kitchens, in-unit laundry, and durable laminate flooring throughout.
Where is this duplex located?
The property is located at 401 Dora St San Antonio, TX.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Two‑unit duplex at 401 Dora St, San Antonio, TX 78212; 988‑square‑foot property built in 1940; Tenants currently occupy the property
