Two-Unit Townhome-Style
For Sale
$315,000
446 Natalen, San Antonio, TX 78209
Two residential units offer private outdoor space and washer-dryer connections within a central San Antonio setting.
Property Size1,656 SF
Price / SF$190.22
Days on Market70
Property Features for 446 Natalen
General Information
Standard status
Active
Size
1,656 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
private backyards
individual washer and dryer hookups
Building Details
Year Built
1940
Listing Agency:
Sophus Properties, LLC
Listed By:
Donna Crabtree · License #512451
(210) 850-2833
Source:
Kingdomtxrealty
Added: Aug 12
Changed: Oct 4
Last Checked: Oct 7 at 4:46PM
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 duplex contains 1,656 square feet across two townhome-style residential units. Each unit includes two bedrooms, one bathroom, a private backyard, and individual washer and dryer hookups. The property was built in 1940 and requires significant repositioning, creating a renovation-focused ownership profile. Located in the Mahncke Park area of San Antonio, the property may be acquired individually from the larger portfolio with which it is associated.
Key Highlights
- Two‑unit duplex totaling 1,656 square feet
- Each unit has a two‑bedroom, one‑bathroom layout
- Townhome‑style units with private backyards
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,061
Cap Rate
6.05%
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 6.05%
Second Best
Apartment 5plus
$241.7K
$211.5K – $281.9K
NOI $16,916 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$422.4K
$369.6K – $492.8K
NOI $29,569 @ 7.0% cap · market cap 9.39%
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
Explore this area
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 residential units offer private outdoor space and washer-dryer connections within a central San Antonio setting.
Where is this duplex located?
The property is located at 446 Natalen San Antonio, TX.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,656 square feet; Each unit has a two‑bedroom, one‑bathroom layout; Townhome‑style units with private backyards
