Fourplex with Brick
New
For Sale
$450,000
518 Dukeway, Universal City, TX 78148
Multi-Family (2-8 Units), Universal City, TX
Property Size3,832 SF
Lot Size0.24 Acres
Price / SF$117.43
Days on Market5
Property Features for 518 Dukeway
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
OCL
Elementary school
Salinas
Middle school
Kitty Hawk
High school
Judson
Elementary school district
Judson
Middle school district
Judson
High school district
Judson
Subdivision
1600
Standard status
Active
APN
050539510101
Size
3,832 SF
Lot size
0.24 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
11717
Building Details
Year built
2005
Buildings
1
Listing Agency:
Keller Williams Heritage · Keller Williams Realty
Listed By:
Patricia Chavez · License #498385
(210) 493-3030
Added: Oct 29
Last Checked: Nov 2 at 1:06AM
MLS# 2026818
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.
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Investment Insights
Based on property information with market context.
Built in 2005, this two-story brick fourplex contains four residences totaling 3,832 square feet on a 0.235-acre parcel. Each unit has two bedrooms and two bathrooms, an open living and dining area, a galley kitchen with a breakfast bar, washer and dryer connections, and central heating and air conditioning. Two ground-floor units have fenced private yards. The property also includes ceiling fans, bedroom closets, and a mix of tile and wood-look flooring in select units.
Two residences are leased and two are vacant, allowing for a mix of rental use and owner occupancy. Eight dedicated parking spaces provide two per unit, with additional street parking available. The property is in Universal City, near Randolph Air Force Base and Loop 1604, as well as shopping, dining, and employment centers. Zoning is OCL.
Two residences are leased and two are vacant, allowing for a mix of rental use and owner occupancy. Eight dedicated parking spaces provide two per unit, with additional street parking available. The property is in Universal City, near Randolph Air Force Base and Loop 1604, as well as shopping, dining, and employment centers. Zoning is OCL.
Key Highlights
- Four units, each with 2 bedrooms and 2 bathrooms
- 3,832 square feet on a 0.235‑acre lot
- Built in 2005; two‑story brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,361
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$807,220
$807.2K
Cap Rate 7%
$576,586
$576.6K
Cap Rate 9%
$448,456
$448.5K
Market Conditions
NOI Build-Up for 3,832 SF
Gross rent
$62.1K $16.20/SF
− Vacancy
−$4.4K −$1.15/SF
EGI
$57.7K $15.05/SF
− OpEx
−$17.3K −$4.51/SF
NOI
$40.4K $10.53/SF
Area
Bexar County, TX
Vacancy
7.12%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$807,220
Cap Rate 7%
$576,586
Cap Rate 9%
$448,456
Alternative Uses
Best Use
Multifamily LT 5
$576.6K
$504.5K – $672.7K
NOI $40,361 @ 7.0% cap · market cap 8.97%
Second Best
Apartment 5plus
$501.3K
$438.7K – $584.9K
NOI $35,092 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$1.04M
$907.5K – $1.21M
NOI $72,601 @ 7.0% cap · market cap 16.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
Demographics for 78148, TX
21,569
Population
8,597
Households
2.5
Avg Household Size
37
Median Age
34%
College-Educated
96%
High-School Grad
9.6 sq mi
ZIP Area
2,247
Density / Sq Mi
$75,395
Median Household Income
$40,850
Median Earnings
$1,252
Median Rent
$249,400
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?
Quadplex - Two residences are leased, and two are vacant for rental or owner occupancy.
Where is this quadplex located?
The property is located at 518 Dukeway Universal City, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 2 bathrooms; 3,832 square feet on a 0.235‑acre lot; Built in 2005; two‑story brick construction
