Duplex with New
604-606 Morningview, San Antonio, TX 78220
For Sale
$140,000
Two separate one-bedroom residences each have kitchen appliances and mini-split heating and cooling.
Property Size1,254 SF
Price / SF$111.64
Days on Market85
Property Features for 604-606 Morningview
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
refrigerator
stove/oven
mini-split A/C units
Cable TV Available
Building Details
Building Size
Year Built
Units
Listing Agency:
Profit Realty
(210) 504-4420
Listed By:
Keith Stone
Source:
Dowdyrealestate
Added: Aug 21
Changed: Nov 7
Last Checked: Nov 12 at 7:04PM
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 Profit Realty
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 1,254-square-foot duplex in San Antonio contains two separate units, each configured with one bedroom and one bathroom. A refrigerator, stove/oven, and mini-split heating and cooling system are included in each residence. The property has a new roof and was built in 1966.
Located at 604-606 Morningview, the building offers two distinct living spaces within one property.
Located at 604-606 Morningview, the building offers two distinct living spaces within one property.
Key Highlights
- Two units, each with 1 bedroom and 1 bathroom
- 1,254 square feet
- New roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,809
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,180
$256.2K
Cap Rate 7%
$182,986
$183.0K
Cap Rate 9%
$142,322
$142.3K
Market Conditions
NOI Build-Up for 1,254 SF
Gross rent
$24.8K $19.80/SF
− Vacancy
−$1.5K −$1.23/SF
EGI
$23.3K $18.57/SF
− OpEx
−$10.5K −$8.36/SF
NOI
$12.8K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,180
Cap Rate 7%
$182,986
Cap Rate 9%
$142,322
Alternative Uses
Best Use
Multifamily LT 5
$206.2K
$180.4K – $240.6K
NOI $14,434 @ 7.0% cap · market cap 10.31%
Second Best
Apartment 5plus
$183.0K
$160.1K – $213.5K
NOI $12,809 @ 7.0% cap · market cap 9.15%
Theoretical Best
Office A
$319.9K
$279.9K – $373.2K
NOI $22,391 @ 7.0% cap · market cap 15.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
Explore this area
Business Placement
Demographics for 78220, TX
17,749
Population
7,098
Households
2.5
Avg Household Size
36
Median Age
10%
College-Educated
73%
High-School Grad
7.7 sq mi
ZIP Area
2,305
Density / Sq Mi
$41,244
Median Household Income
$29,449
Median Earnings
$1,153
Median Rent
$125,000
Median Home Value
Market
Average Price Trend$/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 - Two separate one-bedroom residences each have kitchen appliances and mini-split heating and cooling.
Where is this duplex located?
The property is located at 604-606 Morningview San Antonio, TX.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Two units, each with 1 bedroom and 1 bathroom; 1,254 square feet; New roof
