Updated Quadplex with Open
For Sale
$350,000
507 Oregon St, San Antonio, TX 78211
Four-unit property built in 2008 near schools, Sam’s Club, Home Depot, and additional shopping centers.
Property Size2,860 SF
Price / SF$122.38
Days on Market69
Property Features for 507 Oregon St
General Information
Standard status
Active
Size
2,860 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Building Details
Year Built
2008
Listing Agency:
Luxterra Realty
Listed By:
Christian Hernandez
(210) 493-3030
Source:
Thebranchinc
Added: Aug 9
Changed: Oct 11
Last Checked: Oct 7 at 2:01PM
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 Luxterra Realty
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Investment Insights
Based on property information with market context.
Built in 2008, this four-unit property contains 2,860 square feet across four open-plan units. One unit features updated granite countertops, backsplash, appliances, and interior paint, while most of the remaining units have also been freshly painted. Three units include washer and dryer connections or equipment, and master bedrooms and living rooms feature ceiling fans.
The property is near schools, Sam’s Club, Home Depot, and other shopping centers, providing convenient access to nearby retail and everyday services.
The property is near schools, Sam’s Club, Home Depot, and other shopping centers, providing convenient access to nearby retail and everyday services.
Key Highlights
- Four‑unit property with 2,860 square feet
- Built in 2008
- Open floor plans across all units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,214
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,280
$584.3K
Cap Rate 7%
$417,343
$417.3K
Cap Rate 9%
$324,600
$324.6K
Market Conditions
NOI Build-Up for 2,860 SF
Gross rent
$56.6K $19.80/SF
− Vacancy
−$3.5K −$1.23/SF
EGI
$53.1K $18.57/SF
− OpEx
−$23.9K −$8.36/SF
NOI
$29.2K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,280
Cap Rate 7%
$417,343
Cap Rate 9%
$324,600
Alternative Uses
Best Use
Multifamily LT 5
$470.3K
$411.5K – $548.7K
NOI $32,919 @ 7.0% cap · market cap 9.41%
Second Best
Apartment 5plus
$417.3K
$365.2K – $486.9K
NOI $29,214 @ 7.0% cap · market cap 8.35%
Theoretical Best
Office A
$729.5K
$638.4K – $851.1K
NOI $51,068 @ 7.0% cap · market cap 14.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
Explore this area
Business Placement
Demographics for 78211, TX
29,976
Population
10,516
Households
2.9
Avg Household Size
35
Median Age
7%
College-Educated
63%
High-School Grad
10.2 sq mi
ZIP Area
2,939
Density / Sq Mi
$54,279
Median Household Income
$30,109
Median Earnings
$1,047
Median Rent
$110,200
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 - Four-unit property built in 2008 near schools, Sam’s Club, Home Depot, and additional shopping centers.
Where is this quadplex located?
The property is located at 507 Oregon St San Antonio, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Four‑unit property with 2,860 square feet; Built in 2008; Open floor plans across all units
