Updated Duplex with Historic
For Sale
$369,999
616 W Craig Pl, San Antonio, TX 78212
Multi-Family (2-8 Units), San Antonio, TX
Property Size2,016 SF
Price / SF$183.53
Days on Market164
Property Features for 616 W Craig Pl
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
San Antonio I.S.D.
Middle school district
San Antonio I.S.D.
High school district
San Antonio I.S.D.
Subdivision
0500
Standard status
Active
Size
2,016 SF
Taxes and HOA fees
Tax Annual Amount
7564
Utilities
Cooling system
Central Air
Building Details
Year built
1937
Listing Agency:
JPAR San Antonio
Listed By:
Lina Bibian
(800) 683-5651
Added: May 11
Changed: Aug 19
Last Checked: Oct 21 at 8:06AM
MLS# 1839460
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.
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Investment Insights
Based on property information with market context.
This 2,016-square-foot duplex contains two 2-bedroom, 1-bathroom units, with both residences occupied under existing leases. Constructed in 1937 and updated over time, the property retains original wood flooring and classic exterior details while offering central HVAC for contemporary comfort. Water is included in the rent for both units.
The duplex is located in Alta Vista, near The Pearl, downtown San Antonio, and San Antonio College. The property is at 616 W Craig Pl in San Antonio’s 78212-3480 ZIP Code. Showings require 24 hours’ advance notice, and tenant privacy is requested.
The duplex is located in Alta Vista, near The Pearl, downtown San Antonio, and San Antonio College. The property is at 616 W Craig Pl in San Antonio’s 78212-3480 ZIP Code. Showings require 24 hours’ advance notice, and tenant privacy is requested.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units
- 2,016 square feet across the duplex
- Built in 1937 with updates over time
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,204
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,080
$464.1K
Cap Rate 7%
$331,486
$331.5K
Cap Rate 9%
$257,822
$257.8K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$35.1K $17.40/SF
− Vacancy
−$1.9K −$0.96/SF
EGI
$33.1K $16.44/SF
− OpEx
−$9.9K −$4.93/SF
NOI
$23.2K $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%
$464,080
Cap Rate 7%
$331,486
Cap Rate 9%
$257,822
Alternative Uses
Best Use
Multifamily LT 5
$331.5K
$290.1K – $386.7K
NOI $23,204 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$294.2K
$257.4K – $343.2K
NOI $20,593 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$514.2K
$450.0K – $600.0K
NOI $35,997 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,327
Businesses Nearby
Explore this area
Business Placement
Demographics for 78212, TX
26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
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 leased residences combine period details with central HVAC in a well-maintained residential income property.
Where is this duplex located?
The property is located at 616 W Craig Pl San Antonio, TX.
What is the asking price?
The asking price for this property is $369,999.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units; 2,016 square feet across the duplex; Built in 1937 with updates over time
