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Masonry Triplex with Metal Roof
For Sale
Contact for pricing
Pending

401 Margaret, Kenedy, TX 78119

Built in the 1930s with masonry exterior walls and a metal roof, this property has deferred maintenance and vacant status.

Days on Market112

Property Features for 401 Margaret

General Information

Standard status Pending
Property subtype Multifamily, Mixed Use
Listing Agency: Alamo Commercial Real Estate
Listed By: Evan Jacobson · License #TX 610659
Source: Crexi
Added: Apr 10 Changed: Jul 23 Last Checked: Jul 27 at 3:03PM

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 Commercial Real Estate

Investment Insights

Based on property information with market context.

Built in the 1930s, this masonry exterior triplex property features a metal roof. The building has been vacant for many years, following an incomplete conversion attempt into a three-unit apartment building. Deferred maintenance is evident, and the structure currently contains construction and building materials stored inside that may convey or be removed.

Parking is limited to street parking at this time, though the lot is described as large enough to potentially add on-site parking pending city approval and proper permits.

The seller is motivated and will consider all reasonable offers.

Key Highlights

  • Built in the 1930s with masonry exterior walls and a metal roof
  • Vacant building with deferred maintenance noted in the listing pictures
  • Owner began converting the property into a three‑unit apartment building, but the project was never completed

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Dental Office Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby

Demographics for 78119, TX

7,048
Population
2,375
Households
3
Avg Household Size
40
Median Age
10%
College-Educated
74%
High-School Grad
328.8 sq mi
ZIP Area
21
Density / Sq Mi
$45,694
Median Household Income
$31,063
Median Earnings
$1,043
Median Rent
$128,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Built in the 1930s with masonry exterior walls and a metal roof, this property has deferred maintenance and vacant status.
Where is this triplex located?
The property is located at 401 Margaret Kenedy, TX.
What are key features of this property?
This property features: Built in the 1930s with masonry exterior walls and a metal roof; Vacant building with deferred maintenance noted in the listing pictures; Owner began converting the property into a three‑unit apartment building, but the project was never completed
(210) 504-2969 Call to check price and availability
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