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Three-Unit Multifamily Property

6407 MARCUM DR, San Antonio, TX 78227

For Sale
$525,000

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

Property Size3,023 SF
Lot Size0.14 Acres
Price / SF$173.67
Days on Market53

Property Features for 6407 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
APN 165220120290
Size 3,023 SF
Lot size 0.14 Acres

Additional Details

Individually Metered Utilities electricity

Taxes and HOA fees

Tax Annual Amount 11173

Building Details

Year built 2021
Buildings 2
Listing Agency: Keller Williams City-View · Keller Williams Realty
Listed By: Karina Gafford
Added: Sep 22 Changed: Nov 12 Last Checked: Nov 13 at 8:06PM
MLS# 2016701

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 2021 multifamily property contains three units across two structures: a duplex and a separate standalone unit. Each residence offers three bedrooms, two full bathrooms, one half bath, and approximately 1,008 square feet of two-story living space. Interiors feature luxury vinyl plank and carpet, in-unit 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 in Meadowcliff in northwest San Antonio, near Lackland AFB and Hwy 90. The property is zoned MF-33 and located in Northside ISD. Separate electric meters serve the units, and there is no HOA.

The three-unit configuration and separate structures define the property's current layout. A mirror-image three-unit property across the street at 6407 Marcum is listed separately and may be acquired with this property as a six-unit package.

Key Highlights

  • Three units across two structures: a duplex and a separate standalone residence
  • Each unit has 3 bedrooms, 2 full bathrooms, and 1 half bath
  • Approximately 1,008 square feet of two‑story living space per unit

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. How Realmo checks its estimates

Property Analytics

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

Lease Details

3
Residential units
Yes
Highway access

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

Average Price Trend$/SF for Multifamily properties in San Antonio, TX

$191 Jul
$179 Aug
$182 Sep
$176 Oct

Properties on Market for Multifamily properties in San Antonio

Jul
Aug
Sep
Oct

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?
Multifamily property - Two structures provide a duplex and a separate residence, with individual 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 units across two structures: a duplex and a separate standalone residence; Each unit has 3 bedrooms, 2 full bathrooms, and 1 half bath; Approximately 1,008 square feet of two‑story living space per unit
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