Spanish Revival
For Sale
$410,000
421 ELEANOR AVE, San Antonio, TX 78209
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,324 SF
Lot Size0.20 Acres
Price / SF$309.67
Days on Market69
Property Features for 421 ELEANOR AVE
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MF-33 NCD-6
Elementary school
Lamar
High school
Edison
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
1300
Standard status
Active
Size
1,324 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Annual Amount
9518
Utilities
Cooling system
Central Air
Building Details
Year built
1936
Listing Agency:
JB Goodwin, REALTORS
Listed By:
David Boullosa
(210) 581-9050
Added: Aug 13
Changed: Oct 19
Last Checked: Oct 20 at 6:06AM
MLS# 2008142
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.
Built in 1936, this duplex contains two units, each with one bedroom and one full bathroom. The 1,324-square-foot building has a multi-level layout, central air, stucco exterior finishes, hardwood flooring, high ceilings, and arched architectural details. The property sits on a 0.201-acre lot in Mahncke Park, San Antonio. Zoning is MF-33 NCD-6.
Key Highlights
- Two units, each with 1 bedroom and 1 full bathroom
- 1,324‑square‑foot building on a 0.201‑acre lot
- Constructed in 1936 with stucco finishes, hardwood floors, high ceilings, and arched details
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,239
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,780
$304.8K
Cap Rate 7%
$217,700
$217.7K
Cap Rate 9%
$169,322
$169.3K
Market Conditions
NOI Build-Up for 1,324 SF
Gross rent
$23.0K $17.40/SF
− Vacancy
−$1.3K −$0.96/SF
EGI
$21.8K $16.44/SF
− OpEx
−$6.5K −$4.93/SF
NOI
$15.2K $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%
$304,780
Cap Rate 7%
$217,700
Cap Rate 9%
$169,322
Alternative Uses
Best Use
Multifamily LT 5
$217.7K
$190.5K – $254.0K
NOI $15,239 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$193.2K
$169.1K – $225.4K
NOI $13,524 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$337.7K
$295.5K – $394.0K
NOI $23,641 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
775
Businesses Nearby
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Business Placement
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
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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 one-bedroom units provide separate living spaces within a character-rich residential property.
Where is this duplex located?
The property is located at 421 ELEANOR AVE San Antonio, TX.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Two units, each with 1 bedroom and 1 full bathroom; 1,324‑square‑foot building on a 0.201‑acre lot; Constructed in 1936 with stucco finishes, hardwood floors, high ceilings, and arched details
