Two-Unit Townhome-Style
For Sale
$345,000
424 Natalen, San Antonio, TX 78209
Residential duplex with private backyards and individual washer and dryer hookups for both units.
Property Size1,656 SF
Price / SF$208.33
Days on Market96
Property Features for 424 Natalen
General Information
Standard status
Active
Size
1,656 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Mahncke Park
Building Details
Year Built
1940
Listing Agency:
Sophus Properties, LLC
Listed By:
Donna Crabtree · License #512451
(210) 219-3045
Source:
Shebaramos
Added: Aug 1
Changed: Oct 25
Last Checked: Oct 7 at 1:10PM
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
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Investment Insights
Based on property information with market context.
This 1,656-square-foot duplex contains two townhome-style residences, each with two bedrooms and one bathroom. Both units include private backyards along with individual washer and dryer hookups. The property requires repositioning, offering a buyer the opportunity to improve the existing residential asset through renovation and operational updates.
Located at 424 Natalen Ave in San Antonio’s Mahncke Park area, the duplex is part of a larger investment portfolio but is also available for individual purchase. Its two-unit layout and separate outdoor areas provide a straightforward configuration for residential income ownership.
Located at 424 Natalen Ave in San Antonio’s Mahncke Park area, the duplex is part of a larger investment portfolio but is also available for individual purchase. Its two-unit layout and separate outdoor areas provide a straightforward configuration for residential income ownership.
Key Highlights
- 1,656‑square‑foot duplex with two residential units
- Each unit offers a 2‑bedroom, 1‑bathroom townhome‑style layout
- Private backyard included with each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,061
Cap Rate
5.52%
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
NOI $19,061 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$241.7K
$211.5K – $281.9K
NOI $16,916 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$422.4K
$369.6K – $492.8K
NOI $29,569 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Location Intelligence
Trade Area within ½ mile
700
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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Residential duplex with private backyards and individual washer and dryer hookups for both units.
Where is this duplex located?
The property is located at 424 Natalen San Antonio, TX.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 1,656‑square‑foot duplex with two residential units; Each unit offers a 2‑bedroom, 1‑bathroom townhome‑style layout; Private backyard included with each unit
