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3-Unit Multifamily Property
For Sale
$525,000

6403 MARCUM DR, San Antonio, TX 78227

Multi-Family (2-8 Units), San Antonio, TX

Property Size3,023 SF
Lot Size0.14 Acres
Price / SF$173.67
Days on Market8

Property Features for 6403 MARCUM DR

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MF-33
Elementary school Cable
Middle school Jones
High school John Jay
Elementary school district Northside
Middle school district Northside
High school district Northside
Subdivision 0700
Standard status Active
Size 3,023 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 11173

Building Details

Year built 2021
Listing Agency: Keller Williams City-View · Keller Williams Realty
Listed By: Charles Gafford
Added: Sep 30 Last Checked: Oct 7 at 2:06AM
MLS# 2020239

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.

Investment Insights

Based on property information with market context.

Built in 2021, this three-unit multifamily property consists of a duplex and a separate residence across two buildings. Each unit offers three bedrooms, two full bathrooms, one half bath, and approximately 1,008 square feet of two-story living space. Interior features include luxury vinyl plank and carpet, washer and dryer connections, and central electric heating and air conditioning. The buildings have stucco exteriors, slab foundations, and composition roofs. The 0.138-acre site is zoned MF-33, has separate electric meters, and is not subject to an HOA.

The property is in Meadowcliff in northwest San Antonio, near Lackland AFB and Hwy 90. It is within Northside ISD.

Key Highlights

  • Three residential units across a duplex and a detached building
  • Each unit has 3 bedrooms, 2 full baths, 1 half bath, and approximately 1,008 square feet
  • Built in 2021; 3,023‑square‑foot property on 0.138 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,879
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,580 $617.6K
Cap Rate 7%
$441,129 $441.1K
Cap Rate 9%
$343,100 $343.1K
Market Conditions
NOI Build-Up for 3,023 SF
Gross rent
$59.9K $19.80/SF
− Vacancy
−$3.7K −$1.23/SF
EGI
$56.1K $18.57/SF
− OpEx
−$25.3K −$8.36/SF
NOI
$30.9K $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%
$617,580
Cap Rate 7%
$441,129
Cap Rate 9%
$343,100

Alternative Uses

Best Use
Apartment 5plus
$441.1K
$386.0K – $514.7K (±1% cap)
NOI $30,879 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$771.1K
$674.7K – $899.6K (±1% cap)
NOI $53,978 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Building Supply Spa & Massage Center HVAC Service Big Box & Wholesale Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

214
Businesses Nearby

Demographics for 78227, TX

46,594
Population
16,008
Households
2.9
Avg Household Size
33
Median Age
10%
College-Educated
77%
High-School Grad
19.1 sq mi
ZIP Area
2,439
Density / Sq Mi
$48,049
Median Household Income
$28,857
Median Earnings
$1,112
Median Rent
$151,300
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three residences occupy a duplex and a separate building, with individual electric meters.
Where is this multifamily property located?
The property is located at 6403 MARCUM DR San Antonio, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Three residential units across a duplex and a detached building; Each unit has 3 bedrooms, 2 full baths, 1 half bath, and approximately 1,008 square feet; Built in 2021; 3,023‑square‑foot property on 0.138 acres
More about this property
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