Renovated Triplex
826 Schley Avenue San Antonio, TX 78210
For Sale
$299,000
Fully occupied, recently rehabbed triplex with three self-contained units generating rental income.
Property Size1,760 SF
Price / SF$169.89
Days on Market162
Property Features for 826 Schley Avenue
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Multi-Family / Two Story
Building Details
Year Built
1928
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Lance Duran
(855) 450-0442
Source:
Compass
Added: Feb 15
Changed: Jul 23
Last Checked: Jul 26 at 1:40PM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
This for-sale triplex offers three separate, self-contained units that are fully rented. The property has been recently rehabbed and updated with modern finishes, with unit interiors described as in excellent condition.
Located at 826 Schley Avenue in San Antonio’s Highland Park area, the building is presented as a turnkey income property with all three units occupied at the time of listing.
The asset is sized at 1,760 square feet, and it is being marketed based on its current occupancy and recent renovation improvements.
Located at 826 Schley Avenue in San Antonio’s Highland Park area, the building is presented as a turnkey income property with all three units occupied at the time of listing.
The asset is sized at 1,760 square feet, and it is being marketed based on its current occupancy and recent renovation improvements.
Key Highlights
- Fully occupied, recently rehabbed triplex with three self‑contained units generating rental income
- All three units are rented
- Three separate, self‑contained units with modern finishes after recent renovations
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 | $30.6k | $17.40 |
| − Vacancy | −$1.7k | −$0.96 |
| EGI | $28.9k | $16.44 |
| − OpEx | −$8.7k | −$4.93 |
| NOI | $20.3k | $11.51 |
1,760 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$289.4K
$253.2K – $337.6K
NOI $20,258 @ 7.0% cap · market cap 6.78%
Second Best
Apartment 5plus
$256.8K
$224.7K – $299.6K
NOI $17,978 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$448.9K
$392.8K – $523.8K
NOI $31,426 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied, recently rehabbed triplex with three self-contained units generating rental income.
Where is this triplex located?
The property is located at 826 Schley 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: Fully occupied, recently rehabbed triplex with three self‑contained units generating rental income; All three units are rented; Three separate, self‑contained units with modern finishes after recent renovations
