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Two-Unit Duplex with Gas Cooking
For Sale
$345,000

430 E Magnolia Ave, San Antonio, TX 78212

Two-unit residential property with distinct layouts, gas cooking, and durable flooring throughout.

Property Size1,158 SF
Price / SF$297.93
Days on Market27

Property Features for 430 E Magnolia Ave

General Information

Standard status Active
Size 1,158 SF
Property subtype Multi-Family

Units

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

Building Details

Year Built 1895
Listing Agency: Keller Williams City-View
Listed By: Danny Charbel · License #582344
Source: Sarahildebrandaguilera
Added: Aug 4 Changed: Aug 28 Last Checked: Aug 29 at 11:56AM

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 Keller Williams City-View

Investment Insights

Based on property information with market context.

This duplex contains 1,158 square feet and was built in 1895. The front residence occupies the lower level and includes one bedroom and one bathroom. The rear residence offers two bedrooms and one full bathroom, with its second bedroom positioned upstairs. Both units feature gas cooking and solid flooring.

The property is located at 430 E Magnolia Ave in San Antonio, Texas 78212. Its two separate residences provide a defined duplex configuration, with one unit arranged as a one-bedroom home and the other as a two-bedroom home.

Key Highlights

  • 1,158‑square‑foot duplex built in 1895
  • Two separate residential units with distinct layouts
  • Front unit includes 1 bedroom and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,329
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.86%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$266,580 $266.6K
Cap Rate 7%
$190,414 $190.4K
Cap Rate 9%
$148,100 $148.1K
Market Conditions
NOI Build-Up for 1,158 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$20.1K $17.40/SF
− Vacancy
−$1.1K −$0.96/SF
EGI
$19.0K $16.44/SF
− OpEx
−$5.7K −$4.93/SF
NOI
$13.3K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$266,580
Cap Rate 7%
$190,414
Cap Rate 9%
$148,100

Alternative Uses

Best Use
Multifamily LT 5
$190.4K
$166.6K – $222.2K (±1% cap)
NOI $13,329 @ 7.0% cap · market cap 3.86%
Second Best
Apartment 5plus
$169.0K
$147.9K – $197.2K (±1% cap)
NOI $11,829 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$295.4K
$258.5K – $344.6K (±1% cap)
NOI $20,677 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Food Market Locksmith Acupuncture (Bike/Boat/Book/etc) Store HVAC Service

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

1,116
Businesses Nearby

Demographics for 78212, TX

26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Two-unit residential property with distinct layouts, gas cooking, and durable flooring throughout.
Where is this duplex located?
The property is located at 430 E Magnolia Ave 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: 1,158‑square‑foot duplex built in 1895; Two separate residential units with distinct layouts; Front unit includes 1 bedroom and 1 bathroom
More about this property
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