Updated Duplex with
For Sale
$240,000
7018 Silver Canyon, San Antonio, TX 78244
Two separate residences offer private outdoor space, fireplaces, laundry connections, and flexible occupancy at closing.
Property Size1,932 SF
Price / SF$124.22
Days on Market23
Property Features for 7018 Silver Canyon
General Information
Standard status
Active
Size
1,932 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
Home needs TLC
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
high ceilings
fireplace
garage
washer/dryer hookups
fenced backyard
Building Details
Year Built
1984
Buildings
1
Listing Agency:
Doerr Realty
Listed By:
Michelle Doerr
(210) 826-3134
Source:
Shebaramos
Added: Aug 12
Changed: Aug 28
Last Checked: Sep 1 at 8:43PM
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 Doerr Realty
Investment Insights
Based on property information with market context.
This 1,932-square-foot duplex in San Antonio contains two residences, each with two bedrooms, one bathroom, a one-car garage, washer and dryer hookups, high ceilings, and a fireplace. Both units also have fenced backyards. The property was built in 1984 and will be delivered vacant at closing, allowing the next owner to occupy one or both units without an existing tenancy in place.
Unit 1 received 2025 improvements including interior paint, kitchen countertops, a bathroom vanity, and vinyl flooring. Unit 2 received interior paint in January 2026, while its flooring was updated in 2023. The property is offered as-is and needs TLC, with repairs remaining for the next owner to address.
Unit 1 received 2025 improvements including interior paint, kitchen countertops, a bathroom vanity, and vinyl flooring. Unit 2 received interior paint in January 2026, while its flooring was updated in 2023. The property is offered as-is and needs TLC, with repairs remaining for the next owner to address.
Key Highlights
- Two‑unit duplex totaling 1,932 SF
- Each unit includes 2 bedrooms and 1 bathroom
- One‑car garage and washer/dryer hookups for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,735
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$394,700
$394.7K
Cap Rate 7%
$281,929
$281.9K
Cap Rate 9%
$219,278
$219.3K
Market Conditions
NOI Build-Up for 1,932 SF
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.
Gross rent
$38.3K $19.80/SF
− Vacancy
−$2.4K −$1.23/SF
EGI
$35.9K $18.57/SF
− OpEx
−$16.1K −$8.36/SF
NOI
$19.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$394,700
Cap Rate 7%
$281,929
Cap Rate 9%
$219,278
Alternative Uses
Best Use
Multifamily LT 5
$317.7K
$278.0K – $370.6K
NOI $22,238 @ 7.0% cap · market cap 9.27%
Second Best
Apartment 5plus
$281.9K
$246.7K – $328.9K
NOI $19,735 @ 7.0% cap · market cap 8.22%
Theoretical Best
Office A
$492.8K
$431.2K – $575.0K
NOI $34,497 @ 7.0% cap · market cap 14.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Explore this area
Business Placement
Demographics for 78244, TX
35,801
Population
12,978
Households
2.8
Avg Household Size
33
Median Age
24%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
4,773
Density / Sq Mi
$67,789
Median Household Income
$36,788
Median Earnings
$1,552
Median Rent
$195,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer private outdoor space, fireplaces, laundry connections, and flexible occupancy at closing.
Where is this duplex located?
The property is located at 7018 Silver Canyon San Antonio, TX.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,932 SF; Each unit includes 2 bedrooms and 1 bathroom; One‑car garage and washer/dryer hookups for each unit
