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Renovated Duplex with Updated Interiors
For Sale
$199,900

425 San Blas, San Antonio, TX 78214

Two residential units offer refreshed finishes, appliances, and serviced central air conditioning.

Property Size1,568 SF
Price / SF$127.49
Days on Market54

Property Features for 425 San Blas

General Information

Standard status Active
Size 1,568 SF
Property subtype Multi-Family

Building Details

Year Built 1985
Listing Agency: JPAR San Antonio
Listed By: Jennifer Antu
Source: Thebranchinc
Added: Aug 29 Changed: Oct 7 Last Checked: Oct 20 at 11:24PM

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 JPAR San Antonio

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Investment Insights

Based on property information with market context.

This 1985 duplex contains two residential units totaling 1,568 square feet, with approximately 784 square feet per unit. Each layout includes two bedrooms and one bathroom, along with an electric stove, refrigerator, and full-size washer and dryer. Renovation work includes vinyl plank flooring, updated cabinetry, granite countertops, new sinks and faucets, and refreshed interior finishes. Additional improvements include reinforced foundation support framing, replaced wood fascia and soffits, a new electrical breaker box serving Unit 427, and a new front door at Unit 425. Both central A/C systems have been serviced, cleaned, and maintained.

Located at 425 San Blas in San Antonio, Texas, the property is configured as two separate units suitable for residential occupancy. The two-unit format supports leasing both residences or occupying one while using the other as a rental.

Key Highlights

  • Two‑unit duplex with 1,568 square feet combined
  • Each unit measures approximately 784 sq. ft. with 2 bedrooms and 1 bathroom
  • Renovated kitchens and baths feature granite countertops, updated cabinetry, new sinks, and faucet fixtures

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,048
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$360,960 $361.0K
Cap Rate 7%
$257,829 $257.8K
Cap Rate 9%
$200,533 $200.5K
Market Conditions
NOI Build-Up for 1,568 SF
Gross rent
$27.3K $17.40/SF
− Vacancy
−$1.5K −$0.96/SF
EGI
$25.8K $16.44/SF
− OpEx
−$7.7K −$4.93/SF
NOI
$18.0K $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%
$360,960
Cap Rate 7%
$257,829
Cap Rate 9%
$200,533

Alternative Uses

Best Use
Multifamily LT 5
$257.8K
$225.6K – $300.8K (±1% cap)
NOI $18,048 @ 7.0% cap · market cap 9.03%
Second Best
Apartment 5plus
$228.8K
$200.2K – $267.0K (±1% cap)
NOI $16,017 @ 7.0% cap · market cap 8.01%
Theoretical Best
Office A
$400.0K
$350.0K – $466.6K (±1% cap)
NOI $27,998 @ 7.0% cap · market cap 14.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby

Demographics for 78214, TX

22,664
Population
8,447
Households
2.7
Avg Household Size
37
Median Age
9%
College-Educated
69%
High-School Grad
8.3 sq mi
ZIP Area
2,731
Density / Sq Mi
$41,334
Median Household Income
$31,397
Median Earnings
$934
Median Rent
$121,600
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

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer refreshed finishes, appliances, and serviced central air conditioning.
Where is this duplex located?
The property is located at 425 San Blas San Antonio, TX.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,568 square feet combined; Each unit measures approximately 784 sq. ft. with 2 bedrooms and 1 bathroom; Renovated kitchens and baths feature granite countertops, updated cabinetry, new sinks, and faucet fixtures
More about this property
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