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Metal-Roof Duplex
For Sale
$295,000

610 Virginia Blvd, San Antonio, TX 78203

Both residences are occupied, with tenant-paid utilities and HVAC serving each unit.

Property Size1,722 SF
Price / SF$171.31
Days on Market31

Property Features for 610 Virginia Blvd

General Information

Standard status Active
Size 1,722 SF
Property subtype Multi Family Home
Zoning RM-4
Occupancy 100%

Site & Location

Neighborhood Denver Heights

Additional Details

Multifamily Units 2
Tenant in Place Yes

Amenities

Covered Patio

Building Details

Building Size 1,722 SF
Year Built 2006
Units 2
Listing Agency: Better Homes And Gardens Winans
Listed By: Ismael Salinas
Source: Cornerpostrealestate
Added: Oct 2 Changed: Oct 28 Last Checked: Oct 29 at 7:14PM

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 Better Homes And Gardens Winans

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Investment Insights

Based on property information with market context.

Built in 2006, this 1,722-square-foot duplex has metal roofing and HVAC systems for both units. The property is zoned RM-4, and utilities are the tenants’ responsibility.

Both units are currently occupied. Their leases run through March and July of 2027, respectively.

Key Highlights

  • 1,722 square feet
  • RM‑4 zoning
  • Both units occupied; leases extend through March and July of 2027

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,820
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,400 $396.4K
Cap Rate 7%
$283,143 $283.1K
Cap Rate 9%
$220,222 $220.2K
Market Conditions
NOI Build-Up for 1,722 SF
Gross rent
$30.0K $17.40/SF
− Vacancy
−$1.6K −$0.96/SF
EGI
$28.3K $16.44/SF
− OpEx
−$8.5K −$4.93/SF
NOI
$19.8K $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%
$396,400
Cap Rate 7%
$283,143
Cap Rate 9%
$220,222

Alternative Uses

Best Use
Multifamily LT 5
$283.1K
$247.8K – $330.3K (±1% cap)
NOI $19,820 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$251.3K
$219.9K – $293.2K (±1% cap)
NOI $17,590 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$439.3K
$384.4K – $512.5K (±1% cap)
NOI $30,748 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

500
Businesses Nearby

Demographics for 78203, TX

5,872
Population
2,380
Households
2.5
Avg Household Size
35
Median Age
14%
College-Educated
75%
High-School Grad
1.4 sq mi
ZIP Area
4,194
Density / Sq Mi
$34,815
Median Household Income
$28,146
Median Earnings
$989
Median Rent
$139,900
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

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are occupied, with tenant-paid utilities and HVAC serving each unit.
Where is this duplex located?
The property is located at 610 Virginia Blvd San Antonio, TX.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,722 square feet; RM‑4 zoning; Both units occupied; leases extend through March and July of 2027
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