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San Antonio Multi-Family Properties for Sale

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Newest San Antonio Multi-Family Homes for Sale

$630,000
2005142 MLS
Eligible for conventional financing. House Hack with $70K+ Annual Cash Flow | 10.77% Cap Rate | Multi-Unit + RV Income 10075 S Loop 1604, San Antonio, TX Turnkey Investment | 4 Units + 2 RV Pads | Strong Rental History Why Investors Are Bidding on This Property: $70,000+ Annual Cash Flow - Proven income with upside potential 10.77% Cap Rate - Exceptional ROI for savvy buyers House Hack Ready - Live in one unit, let tenants pay your mortgage Dual Income Streams - 4 rental units PLUS 2 RV pads (one rented @ $550/mo, 2nd available - was $600/mo!) Low Maintenance, High Demand - Growing area near major SA corridors Investment Breakdown: Unit 1: 1,035 sq ft | 2BR/1.5BA | Huge Master + Spacious Kitchen Unit 2: 720 sq ft | 2BR/1BA | Steady Tenant History Unit 3: 1,218 sq ft | New Construction (2022) Unit 4: Unique Container Home (Trendy & Low-Cost Tenant Appeal) 2 RV Pads w/ Full Hookups - Easy $1,150+/mo in extra income! Location Perks: High-Demand Zone - Near major employers (Amazon, Toyota, military bases) Easy Highway Access - Minutes from I-10, I-37, and Loop 1604 Rental Demand Surging - San Antonio's affordable housing crunch = low vacancy risk Own This Cash Flow Machine! Perfect for: * First-Time Investors - Live rent-free while building equity * Portfolio Growers - Add a high-yield asset with instant returns * RV Park Investors - Rare combo of traditional + RV income. Can be re-zoned to commercial if needed. No Restrictions. Schedule a Showing TODAY - This WILL Sell Fast!

10075 E Loop 1604 S, San Antonio

Listing courtesy of Listing Agent: Jason Pratt (Jason.d.pratt81@gmail.com) from Listing Office: White Rock Realty.

$595,000
2004277 MLS
Exceptional opportunity to own a beautifully updated single-story fourplex in the heart of Mahncke Park, one of San Antonio's most desirable and centrally located historic neighborhoods. Perfect for investors or owner-occupants, 215 Eleanor offers an ideal combination of location, updates, and income potential. All four residences feature luxury vinyl plank flooring, granite countertops, updated appliances, and beautifully renovated bathrooms with modern tile finishes. Units 2 and 3 include stainless appliances, while Units 1 and 4 feature white appliances. Each unit enjoys a private fenced backyard with a covered patio, and the secure gated parking area offers a total of six covered parking spaces and four additional uncovered spaces. Based on current occupancy and projected lease-up of the two vacant units, the property offers a projected gross annual income of $56,820. The property is served by four central HVAC systems, providing separate comfort for each residence. Ideally located just off the Broadway Corridor, the property is approximately 2.5 miles from The Pearl, 4 miles from Downtown San Antonio and the River Walk, 1 mile from Fort Sam Houston, 2 miles from Highway 281, 5 miles from Loop 410, 1.1 miles from the San Antonio Botanical Garden, and 17 miles from The Shops at La Cantera. Enjoy easy access to Bakery Lorraine, Pullman Market, Merit Coffee, Local Coffee Founders, Brasserie Mon Chou Chou, Best Quality Daughter, Brackenridge Park, the San Antonio Zoo, The Witte Museum, and The DoSeum. With updated interiors, private outdoor living spaces, strong projected income, four central HVAC systems, gated parking, and an exceptional central location near major employers, dining, shopping, and entertainment, 215 Eleanor is a rare turnkey investment opportunity in one of San Antonio's most sought-after neighborhoods. Motivated seller!

215 Eleanor Ave, San Antonio

Listing courtesy of Listing Agent: Caroline Decherd (cdecherd@phyllisbrowning.com) from Listing Office: Phyllis Browning Company.

$940,000
2003869 MLS
Positioned just west of Downtown San Antonio in one of the city's fastest-evolving urban corridors, 2323 Buena Vista presents a rare opportunity to acquire a flexible IDZ-zoned property with multiple value-add and redevelopment strategies. The existing improvements include income-producing short-term rental units currently generating approximately $1,500 per month per unit on 30-day stays, providing immediate cash flow while future development plans are executed. The primary building offers the opportunity to convert existing space into 4-5 additional large-format residential units, with projected market rents of approximately $2,000 per month. With zoning supporting a variety of residential and mixed-use configurations, the site offers the potential for up to six total residential units, making it well suited for developers, builders, and investors seeking an urban infill project in a high-growth location. The property's expansive interiors, high ceilings, and abundant natural light also create an ideal canvas for adaptive reuse concepts, including artist lofts, live/work residences, creative studios, boutique residential, or mixed-use development. Adding to its long-term appeal, a planned Advanced Rapid Transit (ART) station nearby will provide direct connectivity to Downtown, major employment centers, and the broader San Antonio transit network, further enhancing accessibility and future demand. Whether repositioning the existing improvements, expanding the residential density, or creating a distinctive live/work community, 2323 Buena Vista offers a compelling combination of existing income, development flexibility, and strategic location in one of San Antonio's emerging investment corridors.

2323 Buena Vista St, San Antonio

Listing courtesy of Listing Agent: Timothy Warlow (twarlow@kw.com) from Listing Office: Keller Williams Boerne.

$600,000
2002534 MLS
Exceptional redevelopment opportunity in the rapidly growing south-central San Antonio area. This offering includes two adjacent parcels being sold together at 204 Hunstock Ave and 210 Hunstock Ave, providing a combined site ideal for investors, builders, or developers looking to capitalize on TOD zoning. The property features two separate buildings, each containing two individual units-for a total of four units. Each unit is configured as two-bedroom, one-bath layout. The building at 204 Hunstock Ave totals approximately 1,260 square feet, while 210 Hunstock Ave totals approximately 1,400 square feet, for a combined building area of approximately 2,660 square feet. The existing improvements offer flexibility for renovation, redevelopment, or interim rental income while planning future development. With TOD zoning, the property presents strong potential for higher-density residential development such as additional multi-family units, townhomes, or other residential investment projects (buyer to verify development possibilities with the City of San Antonio). Located in San Antonio, TX 78210, the property offers convenient access to downtown, major highways, and key employment centers. The surrounding area continues to see steady growth and revitalization, making this a compelling opportunity for investors seeking long-term upside. This is a rare opportunity to acquire two contiguous parcels with existing four-unit improvements totaling approximately 2,660 square feet, offering multiple paths for redevelopment, repositioning, or expansion.

204 AND 210 Hunstock, San Antonio

Listing courtesy of Listing Agent: Lisa Grove (lgrove@phyllisbrowning.com) from Listing Office: Phyllis Browning Company.

$305,000
2000307 MLS
Excellent investment opportunity! Situated on a desirable corner lot, this well-maintained duplex features two separately addressed 2-bedroom, 1-bath units, making it an ideal addition to any investment portfolio. Both units are currently tenant-occupied, providing immediate rental income. 1703 W. Mulberry Ave is leased through 10/19/2026 at $900 per month, and 2903 N. Zarzamora is leased through 09/28/2026 at $1,000 per month. Each unit has its own CPS Energy and SAWS meters, allowing tenants to pay their own utilities. Major capital improvements have already been completed, with the roof, HVAC systems, water heaters, and many appliances all approximately two years old, offering peace of mind and reduced maintenance expenses. Each unit is thoughtfully designed for comfortable, low-maintenance living with durable vinyl flooring throughout and an open living and dining area that creates a bright, welcoming atmosphere. The eat-in kitchens feature ample cabinetry, solid countertops, an electric range, and a full-size refrigerator, providing everything needed for everyday living. The spacious primary bedrooms offer direct access to the backyard, where tenants can enjoy a covered patio, privacy and chain-link fencing, a storage shed, and washer and dryer hookups. Additional features include energy-efficient windows, programmable thermostats, central HVAC, carbon monoxide detectors, and covered one-car carports. Conveniently located near shopping, dining, schools, and major highways, this income-producing property combines strong rental potential with valuable recent updates, making it an exceptional opportunity for both seasoned and first-time investors. Lease agreements and additional rental information are available upon request.

1703 W Mulberry Ave, San Antonio

Listing courtesy of Listing Agent: Matthew Ridings (Matt@birdy.com) from Listing Office: PMI Birdy Properties, CRMC.

$408,990
1999937 MLS
BRAND NEW 2026 DUPLEXES. GATED COMMUNITY. SPECIAL OFFER: ~3.75% interest rate for qualified borrowers ~0% down for VA, 3.5% down for FHA. Live in one unit and rent the other, removing the majority of your mortgage payment while building equity in an Airbnb friendly community! Or rent out both sides for cash flow! Two units per building. Each duplex has either 3 bedrooms/2 baths or 2 bedrooms/2 baths, making this a great investment / house hacking opportunity. A property management company can manage your tenant(s) for 7.5% of rents. Monthly rent of between $1,375 and $1,450 per unit is suggested but not guaranteed. A 1-2-10 warranty included. *Magnolia Village North* is an upscale gated duplex community with two private parks. Included in the HOA fee is front lawn mowing. Never worry about your neighbors failing to maintain their front yards again! Each duplex includes premium vinyl plank floors, stainless steel appliances and much more. Magnolia Village is located just off 1604 West near 90 West, making it a great place to find renters. The area is currently a hot spot for growth, driven to a large extent by the number of major employers within a twenty-minute drive including Joint Base Lackland, USAA, Citibank, American Funds, Valero, UTSA, Six Flags, Marathon Petroleum, Microsoft, and a concentration of data centers nearby Highway 151.

7224 Magnolia Creek, San Antonio

Listing courtesy of Listing Agent: Marie Crabb (marie@exquisitesa.com) from Listing Office: Exquisite Properties, LLC.

$849,950
1999627 MLS
Own an income-producing triplex in the heart of Monte Vista, one of San Antonio's most storied historic districts. Built in 1925 in classic Mediterranean style, this three-unit property sits directly across the street from Trinity University, a busy, high-traffic corner that keeps rental demand strong year-round. All three units have stayed consistently occupied, with a strong history of full occupancy and no vacancy. Three separate units make this a smart income play or a live-in-one, rent-the-others setup. The top unit is a spacious 3 bed, 2 bath. The lower unit is a comfortable 2 bed, 2 bath. A private studio over the garage rounds it out, perfect for a third tenant or short-term rental upside. About 3,540 square feet of livable space across all three units. This is a strong fit for a 1031 exchange buyer looking to move their proceeds and step up into a stable, income-producing property in a premium location. Two of the three units have already been updated, with newer kitchens, bathrooms, flooring, fresh drywall and paint, and updated laundry areas. The upstairs is next in line for the same treatment, which gives a new owner a clear path to add value. There's also room to adjust rents for future tenants in line with strong area demand, creating an opportunity for the right investor to grow income over time. Property is directly across from Trinity University and just minutes from the Pearl, downtown San Antonio, and the Broadway Corridor, with the St. Mary's Strip, San Antonio Museum of Art, and Brackenridge Park all close by. Walk to Landa Library, coffee, and local favorites like La Fonda on Main. Steady rental demand comes built in from Trinity students, faculty, and young professionals who want to live in the middle of it all. A newer roof, roughly two years old, is a significant advantage for a home of this age. Original 1925 character, a full basement, deck, and extra storage give it the kind of charm you just can't rebuild.

406 E Mulberry, San Antonio

Listing courtesy of Listing Agent: Andy Perez (andy@agentandyhomes.com) from Listing Office: Redbird Realty LLC.

$649,900
1999186 MLS
BRAND-NEW TRIPLEX COMPLETED JULY 2026 | 12 BEDROOMS | $73,800 POTENTIAL ANNUAL GROSS RENT* | SEPARATELY METERED Newly constructed 3-unit townhomes just completed July 2026! One unit is already leased at $2,050 through June 2027. Two additional units currently available, providing flexibility for additional leasing or owner occupancy. *Based on current $2,050/mo lease rate applied to all 3 units, potential gross rental income is $6,150/mo or $73,800/yr. An ideal house-hack or investment opportunity and great candidate for a 1031 tax exchange. Separate water and electric meters for each unit, along with xeriscaping, allow for zero owner-paid utilities at full occupancy. Excellent potential for accelerated-depreciation benefits through a cost segregation study. The property includes three separate 3-story, 4-bedroom townhome units with bathrooms on every floor, allowing flexibility for owner occupancy, long-term leasing, short-term rentals, or a mix of both. Each unit features quality finishes designed for owner-occupant or premium rental use, including wide-plank LVP flooring, quartz countertops, central air conditioning, fire sprinklers, and stainless steel appliances. Private, fenced backyards provide additional outdoor space for each residence. The fourth bedroom allows flexibility for use as an office, sitting area, or expanded closet, giving the third floor the option to function as a private suite. Located directly across from a park and playground, the setting adds everyday convenience and rental appeal. The property offers easy access to downtown and is within walking distance of the Spurs arena, supporting both short-term and long-term rental demand. Less than 10 minutes to Fort Sam, the Pearl, and River Walk! One of the last new-construction multifamily properties in the area built before zoning changes that now prevent comparable development, creating a rare investment opportunity in this location. Please be aware that some photos have been virtually staged.

726 Arthur St, San Antonio

Listing courtesy of Listing Agent: Melissa Stagers (missy@msrpsa.com) from Listing Office: M. Stagers Realty Partners.

$690,000
1998762 MLS
MOTIVATED SELLER - Exceptional income potential awaits with this multifamily investment property in San Antonio - already producing $5,700/month on day-one income from Units 2, 3, and 4 (currently leased to 7 tenants renting by the room). This property has a set of 2 duplexes built in 2021, on a single MF-33 zoned lot. Each of the four units offer identical 3-bedrooms and 2 full baths. Unit 1 is vacant so you can live in it or rent it out. Unit 2 has 3 tenants. Unit 3 has 2 tenants and 1 vacant room. Unit 4 has 2 tenants and 1 vacant room. That leaves you 5 vacant bedrooms. OPTION 1: Lease Unit 1 the traditional way at $1,350/month and rent the remaining 2 vacant rooms at $850 each, bringing total gross monthly income to $8,750 (105,000 annually). OPTION 2: follow the current owner's proven by-the-room strategy, renting all 5 vacant bedrooms individually at $850/month each for a total gross monthly income of $9,950 (a potential $119,400 annually). OPTION 3: This property is also a house hacking dream for owner-occupants: live in Unit 1 and rent out the 2 vacant rooms at $850 each, for a total gross monthly income $7,400 ($88,800 annually) while living virtually rent-free. OPTION 4: Go aggressive by living in a single room within Unit 1 and renting the 4 vacant rooms at $850 each, generating $9,100/month ($109,200 annually) toward your housing costs and beyond. Ideally located with easy access to I-10, residents enjoy proximity to downtown San Antonio, the Pearl District, La Cantera, The Rim, Six Flags Fiesta Texas, San Antonio College and St. Mary's University. Whether you're scaling a rental portfolio or house hacking your way into ownership, this property offers multiple paths to strong returns.

1535 W Laurel, San Antonio

Listing courtesy of Listing Agent: Marc Longoria (marc@gx3properties.com) from Listing Office: LPT Realty, LLC.

$675,000
1997326 MLS
A rare opportunity on .72 acres in Monte Vista, offering historic character, an expansive lot, and the flexibility of a main residence plus a separate secondary living space. Built in 1930, the Craftsman-style main home offers 1,972 sq ft with 3 bedrooms and 2 baths, original hardwood floors, inviting living spaces, a fireplace with built-ins, abundant natural light, and a covered front porch that complements the home's timeless character. In addition to the main residence, the property includes a 1-bedroom, 1-bath secondary living space of approximately 600 additional sq ft, complete with its own kitchen and living area. This versatile setup creates possibilities for multigenerational living, extended-stay guests, a private home office, or potential rental use. Set beneath mature trees, the expansive .72-acre lot provides generous outdoor space and a sense of privacy rarely found this close to the center of the city. Enjoy convenient access to The Pearl, Trinity University, downtown San Antonio, and many of the area's dining, cultural, and entertainment destinations. Zoned R-4 and located within the City of San Antonio's Historic Tax Incentive Program, the property's size and configuration may offer additional long-term possibilities for an owner, investor, or developer. An existing survey is available for review. Buyers should independently verify zoning and allowable uses, development opportunities, tax incentives, secondary living-space square footage, and rental potential.

527 Kings Ct, San Antonio

Listing courtesy of Listing Agent: Alicia Stumph (stumph@stumphrg.com) from Listing Office: Keller Williams Heritage.

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