Duplex with Two Leased
For Sale
$395,000
4823-4825 Appleseed, San Antonio, TX 78238
MULTI_FAMILY - San Antonio, TX
Property Size2,490 SF
Lot Size0.12 Acres
Price / SF$158.63
Days on Market30
Property Features for 4823-4825 Appleseed
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4
Elementary school
Powell Lawrence
Middle school
Ross Sul
High school
Holmes Oliver W
Elementary school district
Northside
Middle school district
Northside
High school district
Northside
Subdivision
0300
Standard status
Active
Size
2,490 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
9504
Utilities
Cooling system
Central Air
Building Details
Year built
2011
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Jacinto Rodriguez
(214) 202-7615
Added: Jul 2
Changed: Jul 3
Last Checked: Jul 31 at 10:06PM
MLS# 1997139
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 well-maintained duplex consists of two separate residential units at 4823 and 4825 Appleseed. The property is configured as a side-by-side two-unit setup, with each unit providing functional living space designed for long-term occupancy.
Located in San Antonio in Bexar County and zoned R-4, the property is positioned in the northwest area of the city. The listing describes convenient access to Loop 410 and Highway 151, with proximity to Ingram Park Mall, shopping, restaurants, and major employers.
For tenants, the duplex layout supports independent households within the same building. For buyers and operators, the current tenant occupancy is a practical factor: Unit 4823 is occupied under a lease in place through April 2027, while the second unit provides flexibility for future leasing. With a single duplex asset rather than a larger multi-building portfolio, this property may fit buyers seeking a manageable residential income structure in a convenient North/Northwest San Antonio location.
Located in San Antonio in Bexar County and zoned R-4, the property is positioned in the northwest area of the city. The listing describes convenient access to Loop 410 and Highway 151, with proximity to Ingram Park Mall, shopping, restaurants, and major employers.
For tenants, the duplex layout supports independent households within the same building. For buyers and operators, the current tenant occupancy is a practical factor: Unit 4823 is occupied under a lease in place through April 2027, while the second unit provides flexibility for future leasing. With a single duplex asset rather than a larger multi-building portfolio, this property may fit buyers seeking a manageable residential income structure in a convenient North/Northwest San Antonio location.
Key Highlights
- Duplex built in 2011 offering two separate units
- Unit 4823 is tenant‑occupied with a lease in place through April 2027
- Central air cooling
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.3k | $17.40 |
| − Vacancy | −$2.4k | −$0.96 |
| EGI | $40.9k | $16.44 |
| − OpEx | −$12.3k | −$4.93 |
| NOI | $28.7k | $11.51 |
2,490 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$409.4K
$358.3K – $477.7K
NOI $28,660 @ 7.0% cap · market cap 7.26%
Second Best
Apartment 5plus
$363.4K
$317.9K – $423.9K
NOI $25,435 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$635.2K
$555.8K – $741.0K
NOI $44,461 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
682
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
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 - Well-maintained duplex with two units in R-4 zoning, including a tenant lease 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: Duplex built in 2011 offering two separate units; Unit 4823 is tenant‑occupied with a lease in place through April 2027; Central air cooling
