Duplex With Townhome-Style
For Sale
$345,000
424 Natalen, San Antonio, TX 78209
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,656 SF
Lot Size0.21 Acres
Price / SF$208.33
Days on Market141
Property Features for 424 Natalen
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MF-33 NCD-6
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
1300
Standard status
Active
Size
1,656 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Annual Amount
7272
Amenities
private backyards
individual washer and dryer hookups
Building Details
Year built
1940
Listing Agency:
Sophus Properties, LLC
Listed By:
Donna Crabtree
(210) 850-2833
Added: Jun 2
Changed: Aug 19
Last Checked: Oct 20 at 4:06AM
MLS# 1946840
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 1940, this duplex contains 1,656 square feet across two townhome-style residences. Each unit is configured with two bedrooms and one bathroom, along with a private backyard and individual washer and dryer hookups. The property is suited to an owner seeking a defined two-unit residential income configuration, with repositioning identified as part of the property’s current condition.
The 0.209-acre site is located at 424 Natalen in San Antonio’s 78209 ZIP code. Zoning is MF-33 NCD-6, providing the applicable land-use designation for the property. The duplex is also included within a larger Mahncke Park investment portfolio, while the property may be acquired separately.
The 0.209-acre site is located at 424 Natalen in San Antonio’s 78209 ZIP code. Zoning is MF-33 NCD-6, providing the applicable land-use designation for the property. The duplex is also included within a larger Mahncke Park investment portfolio, while the property may be acquired separately.
Key Highlights
- Two‑unit duplex with 1,656 square feet
- Each residence offers 2 bedrooms and 1 bathroom
- Townhome‑style unit layouts with private backyards
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.
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Lease Details
2
Residential units
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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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-bedroom layouts include private backyards and individual washer and dryer hookups.
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: Two‑unit duplex with 1,656 square feet; Each residence offers 2 bedrooms and 1 bathroom; Townhome‑style unit layouts with private backyards
