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Townhome-Style Duplex with Backyards
For Sale
$333,000

413 Natalen, San Antonio, TX 78209

Two-bedroom layouts offer private outdoor space and individual laundry hookups.

Property Size1,656 SF
Price / SF$201.09
Days on Market70

Property Features for 413 Natalen

General Information

Standard status Active
Size 1,656 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

private backyards
individual washer and dryer hookups

Building Details

Year Built 1948
Listing Agency: Sophus Properties, LLC
Listed By: Donna Crabtree · License #512451
Source: Kingdomtxrealty
Added: Jul 30 Changed: Oct 3 Last Checked: Oct 5 at 9:57PM

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 Sophus Properties, LLC

Investment Insights

Based on property information with market context.

This duplex contains 1,656 square feet across two townhome-style residences. Each unit has two bedrooms, one bathroom, a private backyard, and individual washer and dryer hookups. The property was built in 1948 and is suited to a buyer evaluating a two-unit residential income asset with opportunities for repositioning.

Located at 413 Natalen in San Antonio, the property is part of a broader Mahncke Park portfolio and can be acquired separately. Additional nearby properties at 401/403 Natalen, 407/409 Natalen, and 413/415 Natalen are identified as potential components of a larger assemblage. Owner financing is available as an alternative transaction structure.

Key Highlights

  • 1,656‑square‑foot duplex with two residential units
  • Each unit includes 2 bedrooms and 1 bathroom
  • Townhome‑style layouts with private backyards

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,061
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,220 $381.2K
Cap Rate 7%
$272,300 $272.3K
Cap Rate 9%
$211,789 $211.8K
Market Conditions
NOI Build-Up for 1,656 SF
Gross rent
$28.8K $17.40/SF
− Vacancy
−$1.6K −$0.96/SF
EGI
$27.2K $16.44/SF
− OpEx
−$8.2K −$4.93/SF
NOI
$19.1K $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%
$381,220
Cap Rate 7%
$272,300
Cap Rate 9%
$211,789

Alternative Uses

Best Use
Multifamily LT 5
$272.3K
$238.3K – $317.7K (±1% cap)
NOI $19,061 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$241.7K
$211.5K – $281.9K (±1% cap)
NOI $16,916 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$422.4K
$369.6K – $492.8K (±1% cap)
NOI $29,569 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply HVAC Service Furniture & Home Goods Electrical Service Storage Facility 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

700
Businesses Nearby

Demographics for 78209, TX

42,456
Population
22,771
Households
1.9
Avg Household Size
40
Median Age
62%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
4,162
Density / Sq Mi
$84,180
Median Household Income
$57,921
Median Earnings
$1,371
Median Rent
$497,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two-bedroom layouts offer private outdoor space and individual laundry hookups.
Where is this duplex located?
The property is located at 413 Natalen San Antonio, TX.
What is the asking price?
The asking price for this property is $333,000.
What are key features of this property?
This property features: 1,656‑square‑foot duplex with two residential units; Each unit includes 2 bedrooms and 1 bathroom; Townhome‑style layouts with private backyards
More about this property
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