Two-Residence
For Sale
$499,500
614 Montana St, San Antonio, TX 78203
Two separate residences provide distinct living areas, covered patios, and independent access to the rear unit.
Property Size2,691 SF
Price / SF$185.62
Days on Market26
Property Features for 614 Montana St
General Information
Standard status
Active
Size
2,691 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$3,734
Listing Agency:
eXp Realty
(888) 519-7431
Listed By:
Alejandro Cruz
(210) 683-5002
Source:
Exprealty
Added: Sep 25
Changed: Oct 8
Last Checked: Oct 19 at 8:48AM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This duplex contains two residences totaling 2,691 square feet, with six bedrooms and five full bathrooms. The front residence measures 1,514 square feet and has three bedrooms, each with a dedicated full bathroom, plus an open living area, high ceilings, and a primary suite with double vanity, two closets, and a covered patio. The rear residence measures 1,177 square feet and includes three bedrooms, two full bathrooms, an open layout, indoor laundry, and a separate covered patio. Rear street access serves the second residence.
The property is a few blocks from the Alamodome and minutes from downtown San Antonio.
The property is a few blocks from the Alamodome and minutes from downtown San Antonio.
Key Highlights
- Two residences totaling 2,691 square feet
- Six bedrooms and five full bathrooms across both residences
- Front residence: 1,514 square feet, three bedrooms, and three dedicated full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,974
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$619,480
$619.5K
Cap Rate 7%
$442,486
$442.5K
Cap Rate 9%
$344,156
$344.2K
Market Conditions
NOI Build-Up for 2,691 SF
Gross rent
$46.8K $17.40/SF
− Vacancy
−$2.6K −$0.96/SF
EGI
$44.2K $16.44/SF
− OpEx
−$13.3K −$4.93/SF
NOI
$31.0K $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%
$619,480
Cap Rate 7%
$442,486
Cap Rate 9%
$344,156
Alternative Uses
Best Use
Multifamily LT 5
$442.5K
$387.2K – $516.2K
NOI $30,974 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$392.7K
$343.6K – $458.1K
NOI $27,488 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$686.4K
$600.6K – $800.8K
NOI $48,050 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide distinct living areas, covered patios, and independent access to the rear unit.
Where is this duplex located?
The property is located at 614 Montana St San Antonio, TX.
What is the asking price?
The asking price for this property is $499,500.
What are key features of this property?
This property features: Two residences totaling 2,691 square feet; Six bedrooms and five full bathrooms across both residences; Front residence: 1,514 square feet, three bedrooms, and three dedicated full bathrooms
