Duplex with Central
For Sale
$349,900
515 W WOODLAWN AVE, San Antonio, TX 78212
Multi-Family (2-8 Units), San Antonio, TX
Property Size2,768 SF
Lot Size0.16 Acres
Price / SF$126.41
Days on Market69
Property Features for 515 W WOODLAWN AVE
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-6 NCD-2
Elementary school
Beacon Hill
High school
Edison
Elementary school district
San Antonio I.S.D.
Middle school district
San Antonio I.S.D.
High school district
San Antonio I.S.D.
Subdivision
0900
Standard status
Active
Size
2,768 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
6819
Utilities
Cooling system
Central Air
Building Details
Year built
1920
Listing Agency:
Keller Williams Heritage · Keller Williams Realty
Listed By:
John Rodriguez
(210) 493-3030
Added: Aug 14
Changed: Oct 9
Last Checked: Oct 21 at 8:06AM
MLS# 2008462
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains 2,768 square feet on a 0.155-acre lot. Constructed in 1920, the property has central air and exterior deferred maintenance, providing a clear picture of its current physical condition.
The property is located at 515 W WOODLAWN AVE in San Antonio, Texas 78212. Zoning is R-6 NCD-2, and the asset is classified for duplex use.
The property is located at 515 W WOODLAWN AVE in San Antonio, Texas 78212. Zoning is R-6 NCD-2, and the asset is classified for duplex use.
Key Highlights
- Duplex property with 2,768 square feet
- Situated on a 0.155‑acre lot
- Built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,860
Cap Rate
9.11%
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
NOI $31,860 @ 7.0% cap · market cap 9.11%
Second Best
Apartment 5plus
$403.9K
$353.4K – $471.3K
NOI $28,275 @ 7.0% cap · market cap 8.08%
Theoretical Best
Office A
$706.1K
$617.8K – $823.8K
NOI $49,425 @ 7.0% cap · market cap 14.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,282
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential income property with central air and exterior deferred maintenance.
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 $349,900.
What are key features of this property?
This property features: Duplex property with 2,768 square feet; Situated on a 0.155‑acre lot; Built in 1920
