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San Antonio Duplex Investment Opportunity
For Sale
$345,000

430 E Magnolia Ave, San Antonio, TX 78212

Multi-Family (2-8 Units), San Antonio, TX

Property Size1,158 SF
Lot Size0.21 Acres
Price / SF$297.93
Days on Market44

Property Features for 430 E Magnolia Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-6 CD
Elementary school Hawthorne
Middle school Mark Twain
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 0900
Standard status Active
Size 1,158 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Annual Amount 9144

Building Details

Year built 1895
Listing Agency: Keller Williams City-View · Keller Williams Realty
Listed By: Danny Charbel · License #582344
Added: Jul 17 Changed: Aug 19 Last Checked: Aug 29 at 7:06PM
MLS# 1888382

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.

Investment Insights

Based on property information with market context.

This duplex in San Antonio presents an investment opportunity. The property is suitable for short-term, mid-term, or long-term rentals. Unit 1, located at the front of the structure and downstairs, features one bedroom and one bathroom. Unit 2, situated at the back, includes two bedrooms and one full bathroom, with the second bedroom located upstairs. The property includes gas cooking, solid flooring, and a spacious lot. The lot size is 0.212 acres. The property size is 1158 square feet. The zoning is R-6 CD.

Key Highlights

  • Duplex property suitable for house‑hacking or rental income.
  • Located in a desirable area within a major American city.
  • Potential for short‑term, mid‑term, or long‑term rental income.

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,285
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex in San Antonio ideal for investors or owner-occupants.
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: Duplex property suitable for house‑hacking or rental income.; Located in a desirable area within a major American city.; Potential for short‑term, mid‑term, or long‑term rental income.
More about this property
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