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Classic Duplex Property
For Sale
$359,900

515 W Woodlawn Ave, San Antonio, TX 78212

Two-unit residential property with exterior deferred maintenance in Alta Vista.

Property Size2,768 SF
Price / SF$130.02
Days on Market57

Property Features for 515 W Woodlawn Ave

General Information

Standard status Active
Size 2,768 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence exterior deferred maintenance

Additional Details

Multifamily Units 2

Building Details

Year Built 1920
Listing Agency: Keller Williams Heritage
Listed By: John Rodriguez
Source: Mlsluxurygroup
Added: Aug 26 Changed: Oct 9 Last Checked: Oct 7 at 3:02PM

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 Keller Williams Heritage

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Investment Insights

Based on property information with market context.

This duplex at 515 W Woodlawn Ave presents a two-unit residential income property with 2,768 of stated property size. The building has exterior deferred maintenance and offers a basis for restoring its physical condition.

Located in Alta Vista, the property is within San Antonio. Its duplex configuration provides a straightforward residential income format for an owner or investor evaluating a property requiring exterior work.

Key Highlights

  • Duplex configuration with two residential units
  • 2,768 stated property size
  • Exterior deferred maintenance identified

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,860
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,200 $637.2K
Cap Rate 7%
$455,143 $455.1K
Cap Rate 9%
$354,000 $354.0K
Market Conditions
NOI Build-Up for 2,768 SF
Gross rent
$48.2K $17.40/SF
− Vacancy
−$2.6K −$0.96/SF
EGI
$45.5K $16.44/SF
− OpEx
−$13.7K −$4.93/SF
NOI
$31.9K $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%
$637,200
Cap Rate 7%
$455,143
Cap Rate 9%
$354,000

Alternative Uses

Best Use
Multifamily LT 5
$455.1K
$398.3K – $531.0K (±1% cap)
NOI $31,860 @ 7.0% cap · market cap 8.85%
Second Best
Apartment 5plus
$403.9K
$353.4K – $471.3K (±1% cap)
NOI $28,275 @ 7.0% cap · market cap 7.86%
Theoretical Best
Office A
$706.1K
$617.8K – $823.8K (±1% cap)
NOI $49,425 @ 7.0% cap · market cap 13.73%
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

Location Intelligence

Trade Area within ½ mile

1,282
Businesses Nearby

Demographics for 78212, TX

26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
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-unit residential property with exterior deferred maintenance in Alta Vista.
Where is this duplex located?
The property is located at 515 W Woodlawn Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Duplex configuration with two residential units; 2,768 stated property size; Exterior deferred maintenance identified
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