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4-Unit Quadplex with Separate Meters
For Sale
$525,000

546 Dukeway, Universal City, TX 78148

Multi-Family (2-8 Units), Universal City, TX

Property Size4,828 SF
Lot Size0.20 Acres
Price / SF$108.74
Days on Market143

Property Features for 546 Dukeway

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Call District
Middle school Call District
High school Call District
Elementary school district Judson
Middle school district Judson
High school district Judson
Subdivision 1600
Standard status Active
Size 4,828 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Annual Amount 11458

Building Details

Year built 1983
Listing Agency: Real Broker, LLC
Listed By: Sterling Williams
Added: May 18 Changed: Sep 30 Last Checked: Oct 7 at 11:06AM
MLS# 1867607

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.

Investment Insights

Based on property information with market context.

Built in 1983, this 4,828-square-foot quadplex contains four residential units on a 0.198-acre lot. Each unit has its own electric meter, while water is served through a shared meter with a RUBS system used for utility reimbursement. The configuration supports either occupying one unit while leasing the remaining residences or leasing the entire property.

The property is located at 546 Dukeway in Universal City, near Randolph AFB, major highways, and retail. Its four-unit layout and separately metered electrical service provide a defined operating structure for a residential income property.

Key Highlights

  • Four‑unit quadplex totaling 4,828 square feet
  • 0.198‑acre lot in Universal City
  • Built in 1983

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,212
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,240 $884.2K
Cap Rate 7%
$631,600 $631.6K
Cap Rate 9%
$491,244 $491.2K
Market Conditions
NOI Build-Up for 4,828 SF
Gross rent
$86.9K $18.00/SF
− Vacancy
−$6.5K −$1.35/SF
EGI
$80.4K $16.65/SF
− OpEx
−$36.2K −$7.49/SF
NOI
$44.2K $9.16/SF
Area
Bexar County, TX
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,240
Cap Rate 7%
$631,600
Cap Rate 9%
$491,244

Alternative Uses

Best Use
Multifamily LT 5
$726.4K
$635.6K – $847.5K (±1% cap)
NOI $50,851 @ 7.0% cap · market cap 9.69%
Second Best
Apartment 5plus
$631.6K
$552.7K – $736.9K (±1% cap)
NOI $44,212 @ 7.0% cap · market cap 8.42%
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M (±1% cap)
NOI $91,471 @ 7.0% cap · market cap 17.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service (Bike/Boat/Book/etc) Store Skin Care Clinic Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

349
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units have individual electric meters, while shared water service uses a RUBS reimbursement system.
Where is this quadplex located?
The property is located at 546 Dukeway Universal City, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Four‑unit quadplex totaling 4,828 square feet; 0.198‑acre lot in Universal City; Built in 1983
More about this property
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