Duplex with Separate
New
For Sale
$249,999
405 E DREXEL AVE, San Antonio, TX 78210
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,590 SF
Price / SF$157.23
Days on Market4
Property Features for 405 E DREXEL AVE
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Call District
Middle school
Call District
High school
Call District
Elementary school district
San Antonio I.S.D.
Middle school district
San Antonio I.S.D.
High school district
San Antonio I.S.D.
Subdivision
1900
Standard status
Active
APN
032800120160
Size
1,590 SF
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Annual Amount
4319
Building Details
Year built
1929
Buildings
1
Listing Agency:
JPAR San Antonio
Listed By:
Nereyda Vicente · License #664196
(800) 683-5651
Added: Nov 1
Changed: Nov 2
Last Checked: Nov 4 at 7:06AM
MLS# 2027526
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.
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Investment Insights
Based on property information with market context.
This 1,590-square-foot duplex was built in 1929 and contains two leased units. Each unit is currently configured as a two-bedroom, one-bathroom residence, and each has a separate utility meter. Tenants pay their own utility costs. The property is on E Drexel Avenue in San Antonio, Texas.
Key Highlights
- Two leased residential units
- 1,590 square feet of building area
- Separate utility meters for each unit; tenants pay their own utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,301
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,020
$366.0K
Cap Rate 7%
$261,443
$261.4K
Cap Rate 9%
$203,344
$203.3K
Market Conditions
NOI Build-Up for 1,590 SF
Gross rent
$27.7K $17.40/SF
− Vacancy
−$1.5K −$0.96/SF
EGI
$26.1K $16.44/SF
− OpEx
−$7.8K −$4.93/SF
NOI
$18.3K $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%
$366,020
Cap Rate 7%
$261,443
Cap Rate 9%
$203,344
Alternative Uses
Best Use
Multifamily LT 5
$261.4K
$228.8K – $305.0K
NOI $18,301 @ 7.0% cap · market cap 7.32%
Second Best
Apartment 5plus
$232.0K
$203.0K – $270.7K
NOI $16,242 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$405.6K
$354.9K – $473.2K
NOI $28,391 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
476
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both leased units have individual utility meters, with occupants responsible for their own utility costs.
Where is this duplex located?
The property is located at 405 E DREXEL AVE San Antonio, TX.
What is the asking price?
The asking price for this property is $249,999.
What are key features of this property?
This property features: Two leased residential units; 1,590 square feet of building area; Separate utility meters for each unit; tenants pay their own utilities
