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Two-Unit Duplex with In-Place Lease
For Sale
$395,000

4823-4825 Appleseed, San Antonio, TX 78238

Two residential units support separate occupancy, with one lease in place through April 2027.

Property Size2,490 SF
Price / SF$158.63
Days on Market73

Property Features for 4823-4825 Appleseed

General Information

Standard status Active
Size 2,490 SF
Property subtype Multi-Family

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 2011
Listing Agency: Real Broker, LLC
Listed By: Jacinto Rodriguez
Source: Shebaramos
Added: Aug 9 Changed: Oct 15 Last Checked: Oct 7 at 5:43PM

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 Real Broker, LLC

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Investment Insights

Based on property information with market context.

Built in 2011, this duplex contains two residential units within a 2,490-square-foot property. The configuration supports separate occupancy, with Unit 4823 currently leased through April 2027. The property may suit an owner-occupant or an investor seeking a two-unit residential asset, as supported by the existing lease and distinct unit layout.

The property is located at 4823-4825 Appleseed in San Antonio. Nearby amenities include Ingram Park Mall, shopping, restaurants, and major employers. Regional access is available via Loop 410 and Highway 151, providing connectivity to surrounding commercial and employment areas.

Key Highlights

  • Two‑unit duplex configuration
  • 2,490‑square‑foot property built in 2011
  • Unit 4823 leased through April 2027

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,660
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,200 $573.2K
Cap Rate 7%
$409,429 $409.4K
Cap Rate 9%
$318,444 $318.4K
Market Conditions
NOI Build-Up for 2,490 SF
Gross rent
$43.3K $17.40/SF
− Vacancy
−$2.4K −$0.96/SF
EGI
$40.9K $16.44/SF
− OpEx
−$12.3K −$4.93/SF
NOI
$28.7K $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%
$573,200
Cap Rate 7%
$409,429
Cap Rate 9%
$318,444

Alternative Uses

Best Use
Multifamily LT 5
$409.4K
$358.3K – $477.7K (±1% cap)
NOI $28,660 @ 7.0% cap · market cap 7.26%
Second Best
Apartment 5plus
$363.4K
$317.9K – $423.9K (±1% cap)
NOI $25,435 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$635.2K
$555.8K – $741.0K (±1% cap)
NOI $44,461 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

546
Businesses Nearby

Demographics for 78238, TX

26,014
Population
11,726
Households
2.2
Avg Household Size
35
Median Age
21%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
2,550
Density / Sq Mi
$56,227
Median Household Income
$36,268
Median Earnings
$1,183
Median Rent
$191,300
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 support separate occupancy, with one lease in place through April 2027.
Where is this duplex located?
The property is located at 4823-4825 Appleseed San Antonio, TX.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; 2,490‑square‑foot property built in 2011; Unit 4823 leased through April 2027
More about this property
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