Duplex Property with Rear
526 Pershing Avenue, San Antonio, TX 78209
For Sale
$645,000
Three rentable spaces include two traditional apartments and a separate rear loft building.
Property Size2,512 SF
Lot Size0.26 Acres
Price / SF$256.77
Days on Market13
Property Features for 526 Pershing Avenue
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Multifamily Units
Amenities
Ceramic Tile,Wood,Vinyl
Electric,Natural Gas
1
Common Water
Other
Stucco,Metal Structure
0.173
Slab
Mature Trees
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Kuper Sotheby's Int'l Realty
(210) 639-3272
Listed By:
Debbie Maltz
Source:
Malouffrealty
Added: Oct 29
Changed: Nov 9
Last Checked: Nov 9 at 12:48PM
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 Kuper Sotheby's Int'l Realty
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Investment Insights
Based on property information with market context.
This property combines a two-story Spanish-style duplex, built in 1938, with a separate loft building constructed in 2005. The duplex contains two-bedroom, one-bath units with hardwood floors, central heat and air, and living and eat-in kitchen areas. One apartment has an updated kitchen and private porch; the upper apartment includes a balcony. The rear building offers an open loft layout, garage and storage room, with approximately 705 square feet. The property has R-4 NCD 6 zoning and occupies three lots totaling approximately 11,325 square feet.
The site is on Pershing Avenue in San Antonio, across from San Antonio Country Club and a few houses from the San Antonio Botanical Center. The Pearl, Central Market, museums and Downtown are also identified as nearby destinations.
The site is on Pershing Avenue in San Antonio, across from San Antonio Country Club and a few houses from the San Antonio Botanical Center. The Pearl, Central Market, museums and Downtown are also identified as nearby destinations.
Key Highlights
- Three‑lot parcel totaling approximately 11,325 sq. ft.
- Two‑story duplex built in 1938, with two‑bedroom, one‑bath apartments
- Separate 705 sq. ft. loft building constructed in 2005, with garage and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,913
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,260
$578.3K
Cap Rate 7%
$413,043
$413.0K
Cap Rate 9%
$321,256
$321.3K
Market Conditions
NOI Build-Up for 2,512 SF
Gross rent
$43.7K $17.40/SF
− Vacancy
−$2.4K −$0.96/SF
EGI
$41.3K $16.44/SF
− OpEx
−$12.4K −$4.93/SF
NOI
$28.9K $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%
$578,260
Cap Rate 7%
$413,043
Cap Rate 9%
$321,256
Alternative Uses
Best Use
Multifamily LT 5
$413.0K
$361.4K – $481.9K
NOI $28,913 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$366.6K
$320.8K – $427.7K
NOI $25,660 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$640.8K
$560.7K – $747.6K
NOI $44,854 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
769
Businesses Nearby
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Business Placement
Demographics for 78209, TX
42,456
Population
22,771
Households
1.9
Avg Household Size
40
Median Age
62%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
4,162
Density / Sq Mi
$84,180
Median Household Income
$57,921
Median Earnings
$1,371
Median Rent
$497,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in San Antonio, TX
Properties on Market for Duplexes in San Antonio
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Three rentable spaces include two traditional apartments and a separate rear loft building.
Where is this duplex located?
The property is located at 526 Pershing Avenue San Antonio, TX.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Three‑lot parcel totaling approximately 11,325 sq. ft.; Two‑story duplex built in 1938, with two‑bedroom, one‑bath apartments; Separate 705 sq. ft. loft building constructed in 2005, with garage and storage
