Listed by Vortex Realty
Unpriced
Great Investment opportunity
Details
APN 386385
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 2,228
Net Rentable (SqFt) 2,228
Units 2
Cap Rate 7.60%
Tenancy Vacant
Broker Co-Op Yes
Class B
Year Built 1939
Year Renovated 2023, 2024
Buildings 2
Stories 1
Lot Size (SqFt) 13,300
Zoning R-6
Parking Spaces 2 per unit
Investment Type Value Add
Sale Condition For sale by owner
Dual‑Income San Antonio Rental | 7.6% Cap Rate; Two‑Unit San Antonio Rental | Investor Opportunity
Marketing description
Turnkey dual‑income investment property in the highly desirable Jefferson Terrace neighborhood of San Antonio. This asset features a fully updated 3‑bedroom main house plus a separately metered 1‑bedroom casita with private parking and its own entrance. Both units are rent‑ready and positioned for stable, predictable cash flow. Conservative underwriting produces a 7.6% cap rate, outperforming typical central San Antonio returns. Ideal for buy‑and‑hold investors, 1031 buyers, and house hackers seeking strong yield in a central location.
Investment highlights
- Asking Price: $269,000
- Asset Type: Single‑Family Home + Income‑Producing Casita
- Location: Jefferson Terrace, San Antonio (78228)
- Total Monthly Income (Conservative): $2,900
- Total Annual Gross Income: $34,800
- Net Operating Income (NOI): $20,549
- Cap Rate (Conservative): ~7.6%
- Main House: 3 bed / 2 bath, ~1,748 sq ft
- Casita: 1 bed / 1 bath, 350–550 sq ft, separately metered
- Private parking + private entrance for casita
- Updated systems: HVAC, plumbing, foundation leveling
- Large 0.305‑acre lot
- Low vacancy risk with two independent rental units
- Minutes to Woodlawn Lake, Jefferson Park, St. Mary’s University
- Strong tenant demand from medical, military, and university sectors
- 20% Down Payment: $53,800
- No Income or Employment Needed
Listing Contacts
Listed by Vortex Realty
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