Newer Income Duplex For
6650 Mia Way San Antonio, TX 78233
6650 Mia Way, San Antonio, TX, 78233
$400,000
For Sale
$400,000
Two-story duplex with both sides currently occupied, featuring upstairs bedrooms and laundry rooms on each side.
Property Size2,614 SF
Price / SF$153.02
Days on Market294
Property Features for 6650 Mia Way
General Information
- Standard status
- Active
- Size
- 2,614 SF
- Property subtype
- Multi-Family / Two Story
Building Details
- Year Built
- 2018
Listing agency
San Antonio Elite Realty
(210) 710-5326
Listed by
Jeff Smith · License #0430382
(210) 710-5326
Source
Compass
Added: Oct 1, 2025 Updated: Jul 21 at 5:23AM Checked: Jul 21 at 5:23AM
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 San Antonio Elite Realty
Investment Insights
Based on property information with market context.
This newer income-producing duplex offers two attached residential units, with large living, dining, and kitchen areas on each side. Each unit has bedrooms and a laundry room located upstairs, and the sale includes all appliances listed in the remarks, including refrigerators.
Both sides are occupied at this time, and the owners report they have never had issues renting them. The property is described as having no mandatory HOA and no property management requirement.
Whether you plan to rent both sides or live in one and rent the other, the layout supports separate unit living with dedicated indoor space throughout each side.
Both sides are occupied at this time, and the owners report they have never had issues renting them. The property is described as having no mandatory HOA and no property management requirement.
Whether you plan to rent both sides or live in one and rent the other, the layout supports separate unit living with dedicated indoor space throughout each side.
Key Highlights
- Two‑story duplex built in 2018 with both sides currently occupied
- Covered patio and composition roofing; slab foundation
- Each side features large living, dining, and kitchen areas
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.5k | $17.40 |
| − Vacancy | −$2.5k | −$0.96 |
| EGI | $43.0k | $16.44 |
| − OpEx | −$12.9k | −$4.93 |
| NOI | $30.1k | $11.51 |
2,614 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$429.8K
$376.1K – $501.5K
NOI $30,087 @ 7.0% cap · market cap 7.52%
Second Best
Apartment 5plus
$381.5K
$333.8K – $445.0K
NOI $26,702 @ 7.0% cap · market cap 6.68%
Theoretical Best
Office A
$666.8K
$583.4K – $777.9K
NOI $46,675 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-story duplex with both sides currently occupied, featuring upstairs bedrooms and laundry rooms on each side.
Where is this duplex located?
The property is located at 6650 Mia Way San Antonio, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two‑story duplex built in 2018 with both sides currently occupied; Covered patio and composition roofing; slab foundation; Each side features large living, dining, and kitchen areas
