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Two-Unit Duplex with Private Yards
For Sale
$258,000

4912-4914 Greenwood, San Antonio, TX 78214

The property offers two residential units with practical layouts, outdoor space, and dedicated parking for each residence.

Property Size1,684 SF
Price / SF$153.21
Days on Market39

Property Features for 4912-4914 Greenwood

General Information

Standard status Active
Size 1,684 SF
Total Parking Spaces 2
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Amenities

private backyard space

Building Details

Year Built 1925
Buildings 1
Construction Shotgun Style
Listing Agency: Tree of Life Real Estate Group, LLC
Listed By: Chris Sandoval
Source: Kingdomtxrealty
Added: Jul 29 Changed: Aug 28 Last Checked: Sep 5 at 11:15AM

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 Tree of Life Real Estate Group, LLC

Investment Insights

Based on property information with market context.

Built in 1925, this 1,684-square-foot duplex contains two separate residences, each configured with 2 bedrooms and 1 bathroom. Both units include private backyard areas and two dedicated parking spots, providing functional outdoor and parking accommodations. The property’s shotgun-style design and Craftsman character contribute to its historic residential appeal.

Located at 4912-4914 Greenwood in San Antonio, the duplex is near Downtown San Antonio, the River Walk, the San Antonio Missions, parks, shopping, schools, and major employment centers. Access to I-35, I-37, and Loop 410 supports travel across the city, while Joint Base San Antonio and Lackland Air Force Base are within a short drive.

Key Highlights

  • 1,684‑square‑foot duplex built in 1925
  • Two units, each with 2 bedrooms and 1 bathroom
  • Private backyard space provided for both units

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
$19,383
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
7.51%
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%
$387,660 $387.7K
Cap Rate 7%
$276,900 $276.9K
Cap Rate 9%
$215,367 $215.4K
Market Conditions
NOI Build-Up for 1,684 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
$29.3K $17.40/SF
− Vacancy
−$1.6K −$0.96/SF
EGI
$27.7K $16.44/SF
− OpEx
−$8.3K −$4.93/SF
NOI
$19.4K $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%
$387,660
Cap Rate 7%
$276,900
Cap Rate 9%
$215,367

Alternative Uses

Best Use
Multifamily LT 5
$276.9K
$242.3K – $323.1K (±1% cap)
NOI $19,383 @ 7.0% cap · market cap 7.51%
Second Best
Apartment 5plus
$245.7K
$215.0K – $286.7K (±1% cap)
NOI $17,202 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$429.6K
$375.9K – $501.2K (±1% cap)
NOI $30,069 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Pharmacy Skin Care Clinic

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

586
Businesses Nearby

Demographics for 78214, TX

22,664
Population
8,447
Households
2.7
Avg Household Size
37
Median Age
9%
College-Educated
69%
High-School Grad
8.3 sq mi
ZIP Area
2,731
Density / Sq Mi
$41,334
Median Household Income
$31,397
Median Earnings
$934
Median Rent
$121,600
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
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Frequently Asked Questions

What type of property is this?
Duplex - The property offers two residential units with practical layouts, outdoor space, and dedicated parking for each residence.
Where is this duplex located?
The property is located at 4912-4914 Greenwood San Antonio, TX.
What is the asking price?
The asking price for this property is $258,000.
What are key features of this property?
This property features: 1,684‑square‑foot duplex built in 1925; Two units, each with 2 bedrooms and 1 bathroom; Private backyard space provided for both units
More about this property
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