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Renovated Three-Unit Triplex
For Sale
$249,500

826 SCHLEY AVE, San Antonio, TX 78210

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

Property Size1,760 SF
Lot Size0.14 Acres
Price / SF$141.76
Days on Market85

Property Features for 826 SCHLEY AVE

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Call District
Middle school Call District
High school Call District
Elementary school district San Antonio I.S.D.
Middle school district San Antonio I.S.D.
High school district San Antonio I.S.D.
Subdivision 1900
Standard status Active
Size 1,760 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 5077

Building Details

Year built 1928
Listing Agency: Real Broker, LLC
Listed By: Lance Duran
Added: Jul 15 Changed: Sep 21 Last Checked: Oct 7 at 4:06AM
MLS# 1942095

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 San Antonio triplex contains three separate, self-contained residences within a 1,760-square-foot property. The building has undergone recent rehabilitation, with modern finishes incorporated across the units. All three residences are currently rented, providing an existing occupied configuration.

Built in 1928, the property occupies 0.14 acres at 826 Schley Ave in San Antonio’s Highland Park Es. area. Its three-unit layout offers a straightforward multifamily format with each residence organized as an independent living space.

Key Highlights

  • Three‑unit triplex with separate, self‑contained residences
  • All three units are currently rented
  • Recently rehabilitated with modern interior finishes

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,258
Cap Rate
8.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,160 $405.2K
Cap Rate 7%
$289,400 $289.4K
Cap Rate 9%
$225,089 $225.1K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$30.6K $17.40/SF
− Vacancy
−$1.7K −$0.96/SF
EGI
$28.9K $16.44/SF
− OpEx
−$8.7K −$4.93/SF
NOI
$20.3K $11.51/SF
Area
San Antonio, TX
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,160
Cap Rate 7%
$289,400
Cap Rate 9%
$225,089

Alternative Uses

Best Use
Multifamily LT 5
$289.4K
$253.2K – $337.6K (±1% cap)
NOI $20,258 @ 7.0% cap · market cap 8.12%
Second Best
Apartment 5plus
$256.8K
$224.7K – $299.6K (±1% cap)
NOI $17,978 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$448.9K
$392.8K – $523.8K (±1% cap)
NOI $31,426 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Pharmacy Spa & Massage Center 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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

508
Businesses Nearby

Demographics for 78210, TX

33,010
Population
14,410
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
4,522
Density / Sq Mi
$51,990
Median Household Income
$33,271
Median Earnings
$1,119
Median Rent
$172,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three independent residences are leased and feature updated interior finishes throughout.
Where is this triplex located?
The property is located at 826 SCHLEY AVE San Antonio, TX.
What is the asking price?
The asking price for this property is $249,500.
What are key features of this property?
This property features: Three‑unit triplex with separate, self‑contained residences; All three units are currently rented; Recently rehabilitated with modern interior finishes
More about this property
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