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Two-Unit Duplex with Garages
For Sale
$240,000

7018 Silver Canyon, San Antonio, TX 78244

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

Property Size1,932 SF
Lot Size0.14 Acres
Price / SF$124.22
Days on Market119

Property Features for 7018 Silver Canyon

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Woodlake
Middle school Metzger
High school Judson
Elementary school district Judson
Middle school district Judson
High school district Judson
Subdivision 1700
Standard status Active
Size 1,932 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 4452

Utilities

Cooling system Central Air

Amenities

high ceilings
cozy fireplace
washer and dryer hookups
fenced backyard

Building Details

Year built 1984
Listing Agency: Doerr Realty
Listed By: Michelle Doerr
Added: Jun 13 Changed: Aug 19 Last Checked: Oct 9 at 4:06PM
MLS# 1936300

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.

Investment Insights

Based on property information with market context.

This duplex contains two separate units, each offering two bedrooms, one bathroom, high ceilings, a fireplace, central air, and a one-car garage with washer and dryer hookups. Both units also have fenced backyards. The property measures 1,932 square feet on a 0.14-acre lot and was built in 1984.

Recent work includes interior paint and flooring improvements in both units. The left-side unit received 2025 updates to its kitchen countertops, bathroom vanity, interior paint, and vinyl flooring. The other unit was repainted in January 2026 and had flooring replaced in 2023. The duplex is scheduled to transfer vacant at closing and is being sold as-is, with repairs needed.

Key Highlights

  • Two‑unit duplex with 1,932 square feet on a 0.14‑acre lot
  • Each unit includes 2 bedrooms and 1 bathroom
  • One‑car garage, washer and dryer hookups, and fenced backyard per unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,735
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $22,238 @ 7.0% cap · market cap 9.27%
Second Best
Apartment 5plus
$281.9K
$246.7K – $328.9K (±1% cap)
NOI $19,735 @ 7.0% cap · market cap 8.22%
Theoretical Best
Office A
$492.8K
$431.2K – $575.0K (±1% cap)
NOI $34,497 @ 7.0% cap · market cap 14.37%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

380
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom units offer private backyards, fireplaces, central air, and laundry hookups, with vacancy 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 with 1,932 square feet on a 0.14‑acre lot; Each unit includes 2 bedrooms and 1 bathroom; One‑car garage, washer and dryer hookups, and fenced backyard per unit
More about this property
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