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Fully Occupied Triplex Investment
For Sale
$299,000

814 West Magnolia Avenue, San Antonio, TX 78212

Well-maintained triplex is fully occupied and features major foundation and plumbing updates.

Property Size1,525 SF
Price / SF$196.07
Days on Market387

Property Features for 814 West Magnolia Avenue

General Information

Standard status Active
Size 1,525 SF
Property subtype Multi-Family / One Story
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 3

Building Details

Year Built 1920
Listing Agency: San Antonio Portfolio KW RE
Listed By: Elizabeth Braden
Source: Compass
Added: Jul 14, 2025 Changed: Jul 20 Last Checked: Aug 4 at 11:50AM

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 Portfolio KW RE

Investment Insights

Based on property information with market context.

This fully occupied triplex offers an income-focused residential setup with built-in tenants. Updates include foundation work with warranty, a new plumbing line from the city meter, replacement of water lines within the home and to the home, and additional aesthetic updates as referenced in the available documentation.

Located in the Beacon Hill area outside of downtown San Antonio, the property is positioned in a neighborhood that is expanding as surrounding areas develop. Showings are limited due to tenant schedules, and appointments are intended for serious buyers.

For complete details on the updates and current configuration, please request the additional documents and contact the listing agent for a showing.

Key Highlights

  • Triplex built in 1920 in the Beacon Hill area outside downtown San Antonio.
  • Property is fully occupied with existing tenants.
  • Major updates include foundation work with warranty.

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 $26.5k $17.40
− Vacancy −$1.5k −$0.96
EGI $25.1k $16.44
− OpEx −$7.5k −$4.93
NOI $17.6k $11.51
1,525 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$250.8K
$219.4K – $292.6K (±1% cap)
NOI $17,553 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$222.5K
$194.7K – $259.6K (±1% cap)
NOI $15,578 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$389.0K
$340.4K – $453.8K (±1% cap)
NOI $27,230 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Electrical Service Dental Office (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher

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

3
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,253
Businesses Nearby

Demographics for 78212, TX

26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Well-maintained triplex is fully occupied and features major foundation and plumbing updates.
Where is this triplex located?
The property is located at 814 West Magnolia Avenue San Antonio, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Triplex built in 1920 in the Beacon Hill area outside downtown San Antonio.; Property is fully occupied with existing tenants.; Major updates include foundation work with warranty.
More about this property
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