4-Unit
New
For Sale
$335,000
4818 Monterey St, San Antonio, TX 78237
Each residence has two bedrooms, one full bath, and an open living, dining, and kitchen area.
Property Size2,350 SF
Price / SF$142.55
Days on Market2
Property Features for 4818 Monterey St
General Information
Standard status
Active
Size
2,350 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Building Details
Year Built
1984
Listing Agency:
Reliance Residential Realty -
Listed By:
Armando Astello
(210) 328-7418
Source:
Texashomeguide
Added: Oct 19
Last Checked: Oct 2 at 5:11PM
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 Reliance Residential Realty -
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Investment Insights
Based on property information with market context.
This 2,350-square-foot quadplex contains four residences, each arranged with two bedrooms, one full bath, and an open living, dining, and kitchen space. Ceramic tile or vinyl plank flooring is used throughout, and each unit has a stove and refrigerator. Electric service is separately metered; water is on a common meter.
The property is a few blocks from Our Lady of the Lake University and less than 4 miles from Downtown San Antonio. St. Mary's University is also minutes away, with access to major highways, shopping, restaurants, grocery stores, and area employers noted nearby.
The property is a few blocks from Our Lady of the Lake University and less than 4 miles from Downtown San Antonio. St. Mary's University is also minutes away, with access to major highways, shopping, restaurants, grocery stores, and area employers noted nearby.
Key Highlights
- Four units, each with 2 bedrooms and 1 full bath
- 2,350 square feet
- Separate electric meters and a common water meter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,049
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,980
$541.0K
Cap Rate 7%
$386,414
$386.4K
Cap Rate 9%
$300,544
$300.5K
Market Conditions
NOI Build-Up for 2,350 SF
Gross rent
$40.9K $17.40/SF
− Vacancy
−$2.2K −$0.96/SF
EGI
$38.6K $16.44/SF
− OpEx
−$11.6K −$4.93/SF
NOI
$27.0K $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%
$540,980
Cap Rate 7%
$386,414
Cap Rate 9%
$300,544
Alternative Uses
Best Use
Multifamily LT 5
$386.4K
$338.1K – $450.8K
NOI $27,049 @ 7.0% cap · market cap 8.07%
Second Best
Apartment 5plus
$342.9K
$300.1K – $400.1K
NOI $24,005 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$599.4K
$524.5K – $699.4K
NOI $41,961 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
616
Businesses Nearby
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Business Placement
Demographics for 78237, TX
36,019
Population
12,998
Households
2.8
Avg Household Size
35
Median Age
6%
College-Educated
64%
High-School Grad
7.1 sq mi
ZIP Area
5,073
Density / Sq Mi
$40,233
Median Household Income
$27,038
Median Earnings
$987
Median Rent
$103,000
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?
Quadplex - Each residence has two bedrooms, one full bath, and an open living, dining, and kitchen area.
Where is this quadplex located?
The property is located at 4818 Monterey St San Antonio, TX.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 full bath; 2,350 square feet; Separate electric meters and a common water meter
