Two-Unit Duplex with Private
For Sale
$258,000
4912-4914 Greenwood, San Antonio, TX 78214
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,684 SF
Lot Size0.17 Acres
Price / SF$153.21
Days on Market95
Property Features for 4912-4914 Greenwood
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-6
Elementary school
Call District
Middle school
Call District
High school
Call District
Elementary school district
Harlandale I.S.D
Middle school district
Harlandale I.S.D
High school district
Harlandale I.S.D
Subdivision
2100
Standard status
Active
Size
1,684 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
4921
Amenities
private backyard
Building Details
Year built
1925
Listing Agency:
Tree of Life Real Estate Group, LLC
Listed By:
Chris Sandoval
(210) 273-8977
Added: Jun 8
Changed: Sep 4
Last Checked: Sep 10 at 2:06PM
MLS# 1953498
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.
Located at 4912-4914 Greenwood Ave in San Antonio, this 1,684-square-foot duplex was built in 1925 and contains two residences. Each unit provides two bedrooms and one bathroom, along with separate backyard space and two dedicated parking spots. The shotgun-style layout and Craftsman character distinguish the property, while R-6 zoning is also identified for the site.
The property is positioned on San Antonio’s south side near Downtown, the River Walk, shopping, schools, parks, and the historic San Antonio Missions. Access to I-35, I-37, and Loop 410 supports travel across the city. Joint Base San Antonio, including Lackland Air Force Base, is within a short drive, and major employment centers are nearby.
The property is positioned on San Antonio’s south side near Downtown, the River Walk, shopping, schools, parks, and the historic San Antonio Missions. Access to I-35, I-37, and Loop 410 supports travel across the city. Joint Base San Antonio, including Lackland Air Force Base, is within a short drive, and major employment centers are nearby.
Key Highlights
- Two‑unit duplex at 4912‑4914 Greenwood Ave, San Antonio, TX 78214
- 1,684 square feet of property size on 0.172 acres
- Built in 1925 with shotgun‑style design and Craftsman character
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
NOI $19,383 @ 7.0% cap · market cap 7.51%
Second Best
Apartment 5plus
$245.7K
$215.0K – $286.7K
NOI $17,202 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$429.6K
$375.9K – $501.2K
NOI $30,069 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes two bedrooms, one bathroom, private backyard space, and dedicated parking.
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: Two‑unit duplex at 4912‑4914 Greenwood Ave, San Antonio, TX 78214; 1,684 square feet of property size on 0.172 acres; Built in 1925 with shotgun‑style design and Craftsman character
