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Occupied Two-Unit Duplex
For Sale
$275,000

5734 Harefield, San Antonio, TX 78228

Two matching two-bedroom, one-bath units provide an established residential income configuration.

Property Size1,553 SF
Price / SF$177.08
Days on Market13

Property Features for 5734 Harefield

General Information

Standard status Active
Size 1,553 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1975
Buildings 1
Listing Agency: Vortex Realty
Listed By: Alejandro Espada
Source: Shebaramos
Added: Aug 25 Changed: Aug 28 Last Checked: Sep 5 at 11:02AM

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 Vortex Realty

Investment Insights

Based on property information with market context.

Located at 5734 Harefield in San Antonio, this occupied duplex contains two residential units with the same layout: two bedrooms and one bathroom per unit. The property was built in 1975 and is described as well maintained.

The duplex is offered as part of a package comprising 5 different duplex sets. The package also references MLS numbers 1969567, 1969599, 1969596, 1969598, and 1969600.

Key Highlights

  • Two residential units, each with 2 bedrooms and 1 bathroom
  • Occupied duplex at 5734 Harefield, San Antonio, TX 78228
  • Built in 1975

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,875
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.50%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$357,500 $357.5K
Cap Rate 7%
$255,357 $255.4K
Cap Rate 9%
$198,611 $198.6K
Market Conditions
NOI Build-Up for 1,553 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$27.0K $17.40/SF
− Vacancy
−$1.5K −$0.96/SF
EGI
$25.5K $16.44/SF
− OpEx
−$7.7K −$4.93/SF
NOI
$17.9K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$357,500
Cap Rate 7%
$255,357
Cap Rate 9%
$198,611

Alternative Uses

Best Use
Multifamily LT 5
$255.4K
$223.4K – $297.9K (±1% cap)
NOI $17,875 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$226.6K
$198.3K – $264.4K (±1% cap)
NOI $15,864 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$396.1K
$346.6K – $462.2K (±1% cap)
NOI $27,730 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Dental Office Pharmacy

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

245
Businesses Nearby

Demographics for 78228, TX

56,369
Population
21,397
Households
2.6
Avg Household Size
37
Median Age
14%
College-Educated
74%
High-School Grad
10.9 sq mi
ZIP Area
5,171
Density / Sq Mi
$50,865
Median Household Income
$30,811
Median Earnings
$1,004
Median Rent
$164,700
Median Home Value

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?
Duplex - Two matching two-bedroom, one-bath units provide an established residential income configuration.
Where is this duplex located?
The property is located at 5734 Harefield San Antonio, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two residential units, each with 2 bedrooms and 1 bathroom; Occupied duplex at 5734 Harefield, San Antonio, TX 78228; Built in 1975
More about this property
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