Duplex on Corner
971 Chalmers Ave, San Antonio, TX 78211
For Sale
$185,000
Multi-Family (2-8 Units), San Antonio, TX
Property Size1,592 SF
Lot Size0.29 Acres
Price / SF$116.21
Days on Market51
Property Features for 971 Chalmers Ave
General Information
Property type
Property subtype
Zoning
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Amenities
Ring security system
Building Details
Year built
Listing Agency:
eXp Realty
Listed By:
Tyler Moore
(888) 519-7431
Added: Sep 24
Changed: Nov 5
Last Checked: Nov 13 at 5:06AM
MLS# 2018892
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.
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Investment Insights
Based on property information with market context.
This San Antonio duplex contains two units within 1,592 square feet. One unit is tenant-occupied and the other is vacant. The property was built in 1947 and has R-5 zoning.
The 0.29-acre corner parcel includes mature trees and parking. Improvements include updates to the interiors, plumbing, sewer, electrical systems, and foundation. A Ring security system is also installed, and warranty information is available for foundation and plumbing work.
The 0.29-acre corner parcel includes mature trees and parking. Improvements include updates to the interiors, plumbing, sewer, electrical systems, and foundation. A Ring security system is also installed, and warranty information is available for foundation and plumbing work.
Key Highlights
- Two‑unit duplex with 1,592 square feet of building area
- 0.29‑acre corner lot with mature trees and parking
- One unit tenant‑occupied; second unit vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,262
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,240
$325.2K
Cap Rate 7%
$232,314
$232.3K
Cap Rate 9%
$180,689
$180.7K
Market Conditions
NOI Build-Up for 1,592 SF
Gross rent
$31.5K $19.80/SF
− Vacancy
−$2.0K −$1.23/SF
EGI
$29.6K $18.57/SF
− OpEx
−$13.3K −$8.36/SF
NOI
$16.3K $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%
$325,240
Cap Rate 7%
$232,314
Cap Rate 9%
$180,689
Alternative Uses
Best Use
Multifamily LT 5
$261.8K
$229.1K – $305.4K
NOI $18,324 @ 7.0% cap · market cap 9.90%
Second Best
Apartment 5plus
$232.3K
$203.3K – $271.0K
NOI $16,262 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$406.1K
$355.3K – $473.8K
NOI $28,426 @ 7.0% cap · market cap 15.37%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
470
Businesses Nearby
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Business Placement
Demographics for 78211, TX
29,976
Population
10,516
Households
2.9
Avg Household Size
35
Median Age
7%
College-Educated
63%
High-School Grad
10.2 sq mi
ZIP Area
2,939
Density / Sq Mi
$54,279
Median Household Income
$30,109
Median Earnings
$1,047
Median Rent
$110,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in San Antonio, TX
Properties on Market for Duplexes in San Antonio
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is occupied by a tenant, while the second is vacant.
Where is this duplex located?
The property is located at 971 Chalmers Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,592 square feet of building area; 0.29‑acre corner lot with mature trees and parking; One unit tenant‑occupied; second unit vacant
