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Two-Unit Duplex with Garages

7018 Silver Canyon San Antonio, TX 78244

7018 Silver Canyon, San Antonio, TX, 78244
$265,000
For Sale
$265,000

Recently updated two-unit duplex offers two bedrooms and one bath per unit, each with a fenced backyard and one-car garage hookups.

Property Size1,932 SF
Price / SF$137.16
Days on Market180

Property Features for 7018 Silver Canyon

General Information

Standard status
Active
Size
1,932 SF
Property subtype
Multi-Family / One Story

Building Details

Year Built
1984
Listing agency Doerr Realty
Listed by Michelle Doerr
Source Compass
Added: Jan 23 Updated: Jul 21 at 4:22AM Checked: Jul 22 at 8:29AM

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 recently updated duplex features two units with two bedrooms and one bathroom each. Both units include high ceilings, a cozy fireplace, and a one-car garage with washer and dryer hookups. Each unit also offers a fenced backyard.

Updates include fresh interior wall paint and updated flooring throughout. Unit 1 was renovated in 2025 with new interior wall paint, updated kitchen countertops, a new bathroom vanity, and new vinyl flooring. Unit 2 received fresh interior paint in January 2026, with flooring updated in 2023.

The property was fully rented prior to the new owner, and Unit 2 has recently been vacated while Unit 1 remains seller occupied. The duplex will be delivered vacant at closing.

Key Highlights

  • Recently updated 2‑unit duplex built in 1984, with 2 bedrooms and 1 bath per unit
  • Unit 1 renovated in 2025: new interior wall paint, updated kitchen countertops, new bathroom vanity, and new vinyl flooring
  • Unit 2 fresh interior paint in Jan. 2026, with flooring updated in 2023

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 $33.6k $17.40
− Vacancy −$1.8k −$0.96
EGI $31.8k $16.44
− OpEx −$9.5k −$4.93
NOI $22.2k $11.51
1,932 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$317.7K
$278.0K – $370.6K (±1% cap)
NOI $22,238 @ 7.0% cap · market cap 8.39%
Second Best
Apartment 5plus
$281.9K
$246.7K – $328.9K (±1% cap)
NOI $19,735 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$492.8K
$431.2K – $575.0K (±1% cap)
NOI $34,497 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair Gym & Fitness Center Skin Care Clinic Real Estate Agency Locksmith Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Recently updated two-unit duplex offers two bedrooms and one bath per unit, each with a fenced backyard and one-car garage hookups.
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 $265,000.
What are key features of this property?
This property features: Recently updated 2‑unit duplex built in 1984, with 2 bedrooms and 1 bath per unit; Unit 1 renovated in 2025: new interior wall paint, updated kitchen countertops, new bathroom vanity, and new vinyl flooring; Unit 2 fresh interior paint in Jan. 2026, with flooring updated in 2023
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