3-Unit Multifamily
For Sale
$525,000
6407 Marcum Dr, San Antonio, TX 78227
Three residences across two structures include separate electric meters and no HOA.
Property Size3,023 SF
Price / SF$173.67
Days on Market23
Property Features for 6407 Marcum Dr
General Information
Standard status
Active
Size
3,023 SF
Property subtype
Multi-Family
Zoning
MF-33
Units
Unit Mix
3 x 3BR/2.5BA
Multifamily Units
3
Additional Details
Highway Access
Yes
Amenities
in-unit washer/dryer connections
Building Details
Year Built
2021
Buildings
2
Construction
stucco
Listing Agency:
Keller Williams City-View
Listed By:
Charles Gafford
(210) 696-9996
Source:
Sarahildebrandaguilera
Added: Sep 28
Changed: Oct 6
Last Checked: Oct 7 at 5:11PM
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 Keller Williams City-View
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Investment Insights
Based on property information with market context.
Built in 2021, this San Antonio multifamily property has three residences across two structures: a duplex and a detached unit. Each residence offers three bedrooms, two full bathrooms, one half bathroom, and approximately 1,008 square feet of two-story living space. The combined property size is 3,023 square feet. Interior features include luxury vinyl plank and carpet, washer and dryer connections, and central electric heat and air. The buildings have stucco exteriors, slab foundations, and composition roofs.
The property is in Meadowcliff in northwest San Antonio, near Lackland AFB and Hwy 90. It is zoned MF-33 and located in Northside ISD.
The property is in Meadowcliff in northwest San Antonio, near Lackland AFB and Hwy 90. It is zoned MF-33 and located in Northside ISD.
Key Highlights
- Three residential units arranged as a duplex and a detached residence
- Each unit has 3 bedrooms, 2 full baths, 1 half bath, and approximately 1,008 square feet
- 3,023‑square‑foot property; built in 2021
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
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
NOI $53,978 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Explore this area
Business Placement
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
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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?
Multifamily property - Three residences across two structures include separate electric meters and no HOA.
Where is this multifamily property located?
The property is located at 6407 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 arranged as a duplex and a detached residence; Each unit has 3 bedrooms, 2 full baths, 1 half bath, and approximately 1,008 square feet; 3,023‑square‑foot property; built in 2021
