San Antonio Real Estate Search

San Antonio Multi-Family Properties for Sale

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Newest San Antonio Multi-Family Homes for Sale

$1,198,000
1964408 MLS
Phenomenal Investor Opportunity at a 6% cap rate OR for an Owner-Occupant looking to offset expenses with rental income from the other side! Perfectly situated in the highly sought-after Olmos Park neighborhood, this beautiful Federal Revival style duplex offers an exceptional blend of elegant living, modern luxury finishes, and strong income potential. Spanning approximately 3,793 total square feet, the property consists of two distinct, fully renovated homes at 484 and 486, located in the acclaimed Alamo Heights Independent School District. This turnkey duplex has been meticulously renovated with luxury finishes throughout, including all new lighting, fully redesigned and updated bathrooms, and new timeless hardwood flooring, with two rooms featuring gorgeous refinished parquet. Both units are in move-in ready condition with modern kitchens and tasteful updates, making the property ideal for an owner-occupant looking to live in one side and offset expenses with rental income from the other, or for an investor seeking a premium property in one of San Antonio's most desirable areas. 484 (1-Story Home, Currently available for Lease or to be Owner-Occupied) offers approximately 1,936 square feet of living space. This spacious single-level home features a formal entry, formal living room, formal dining room, two bedrooms, two bathrooms, and an oversized office/flex space. Highlights include stunning hardwood floors throughout - with two rooms showcasing beautiful refinished parquet - abundant natural light from floor-to-ceiling windows, and a private courtyard with a back gated entrance for seamless outdoor access. The gourmet kitchen offers stainless steel appliances, while both bathrooms have been fully renovated. 486 (2-Story Home, Currently Leased) offers approximately 1,857 square feet. This elegant two-story unit features a formal entry, a cozy family room with a wood-burning fireplace, formal dining room, two bedrooms, two bathrooms, and a versatile office/flex space. All bedrooms and bathrooms are conveniently located upstairs for maximum privacy. It offers the same high-end finishes, including new hardwood floors, a brand-new kitchen with all new stainless steel appliances, new cabinets and a generous walk-in pantry, plus fully renovated bathrooms. Olmos Park offers tree-lined streets, upscale living, and convenient access to San Antonio's best dining, shopping, parks, and cultural attractions. Rare opportunities like this - high-quality, fully remodeled duplexes in this prime location - do not come along often. Whether you're seeking a sophisticated primary residence with income potential or a high-end investment property, this duplex represents an outstanding opportunity in a proven, high-demand neighborhood.

484 E Olmos Dr, San Antonio

Listing courtesy of Listing Agent: Brittney Miranda (bmiranda@phyllisbrowning.com) from Listing Office: Phyllis Browning Company.

$485,000
1961736 MLS
1116 Muncey presents a rare opportunity to acquire a thoughtfully renovated duplex in one of San Antonio's most dynamic and rapidly evolving historic neighborhoods. Situated in the heart of Government Hill, just minutes from downtown, The Pearl, and the transformative Broadway East San Antonio (BESA) development, this 1920s property combines enduring character with modern livability, offering strong rental appeal and long-term upside in a high-demand corridor. The property features two spacious 3-bedroom, 2-bath units, each designed with a functional and comfortable layout that appeals to both owner-occupants and premium tenants. Inside, the residence seamlessly blends historic charm-highlighted by high ceilings and large windows that fill the space with natural light-with contemporary upgrades, including granite countertops, stainless steel appliances, and updated finishes throughout. Residents benefit from off-street parking, private outdoor space, and on-site laundry hookups, enhancing everyday convenience and tenant satisfaction. Set on a generous 0.256-acre lot, the property offers additional potential for value-add improvements or future development, supporting increased NOI over time. With two fully operational units, RM-5 zoning, and proximity to major employment centers, universities, and neighborhood amenities, 1116 Muncey stands out as a compelling investment for buyers seeking immediate cash flow, appreciation potential, and a prime foothold in the San Antonio rental market.

1116 Muncey, San Antonio

Listing courtesy of Listing Agent: Uri Uriah (uri@uriahrealestate.com) from Listing Office: Uriah Real Estate Organization.

$779,000
1960644 MLS
Turnkey quadplex in Windcrest, TX near Randolph Air Force Base-situated in a high-demand rental corridor with consistent tenant demand and strong long-term growth potential. This well-maintained 4-unit multifamily property features garage parking for each unit, enhancing tenant convenience, appeal, and retention. Each unit offers modern finishes and functional layouts, creating a true low-maintenance, income-producing property with immediate rental income. Ideal for investors seeking a solid multifamily asset in the San Antonio market, this property offers strong in-place rents, low operating expenses, and reliable occupancy. Conveniently located near major highways, employment centers, shopping, and dining, this cash-flowing quadplex near Randolph AFB provides both stability and future upside in a rapidly growing area. This property also presents an excellent opportunity for owner-occupants and house hackers, allowing buyers to live in one unit while renting the others to offset monthly expenses and build long-term wealth. Eligible for VA and FHA financing, this is a rare opportunity to acquire a 4-unit property with low down payment options. Whether you are expanding your portfolio or seeking a live-in income property in Windcrest, TX, this versatile asset offers flexibility, strong income potential, and long-term appreciation.

7239 Converse Ridge Ln, San Antonio

Listing courtesy of Listing Agent: Sarah Clark (sarahwclark@kw.com) from Listing Office: Keller Williams Heritage.

$502,000
1959649 MLS
Morgans Ridge is a brand-new duplex community located in the booming corridor of Far West San Antonio. The location offers a short commute to top-tier employers and MVISD Schools alike. With an abundance of restaurant and shopping options this residence offers the ideal blend of convenience and luxury. Step into a spacious floorplan accentuated by a large granite countertop island in the kitchen, perfect for enhancing your culinary experience. Adorned with sleek granite countertops and contemporary recessed lighting, the kitchen exudes elegance and functionality, providing a warm and inviting ambiance for gatherings. Experience an unparalleled sense of space and grandeur with impressive 11-foot ceilings throughout the home, creating an airy and open atmosphere. Enjoy turn-key convenience with stainless steel appliances, including a refrigerator, ensuring a hassle-free transition into your new abode. Outside, full sod, xeriscape, and irrigation add to the ease of maintenance. Located just minutes away from the new HEB to be built on 211/Culebra with both Alamo Ranch and Dove Creek shopping centers nearby, this residence epitomizes real estate versatility at its finest. Don't miss the chance to settle in and make Morgans Ridge your new home or your next investment opportunity. Schedule your visit today.

5131 Cindy Branch, San Antonio

Listing courtesy of Listing Agent: Leeroy Ramirez (welcomehomesatexas@gmail.com) from Listing Office: TRU Real Estate Group.

$1,725,000
1959016 MLS
"Each townhome is individually deeded, providing separate ownership and the flexibility to sell, finance, or hold each property independently." Set within a private 26-home community featuring a classic urban townhouse design with timeless architectural detailing, this collection of four side-by-side townhomes offers a rare opportunity to own scale and flexibility in a rapidly growing Downtown San Antonio location. You're within walking distance to Hemisfair, St. Paul Square, Alamo Dome and the Riverwalk, placing dining, entertainment, and major employment hubs. Two residences already operate as short-term rentals,while the remaining two have never been lived in and allow you to pursue mid-term leasing, long-term tenants, corporate housing, or an owner-occupant strategy. Each townhome features a 3-bedroom, 3.5-bath layout with a two-car garage, open-concept living, wood-look tile and concrete flooring, quartz countertops, stainless steel appliances, and custom cabinetry designed for durability and everyday function. A first-floor office with a full bath adds flexibility and can easily serve as a third bedroom to increase rental potential. The community also supports live-work use, making it a practical option for small business owners. This is a straightforward opportunity to secure multiple income streams within one cohesive asset while positioning yourself in an area seeing continued growth and demand.

144 N Cherry St, San Antonio

Listing courtesy of Listing Agent: Guy Rubio (guy@guyrubio.com) from Listing Office: The Ortiz Firm.

$258,000
1953498 MLS
4912-4914 Greenwood Ave | San Antonio, TX Great investment opportunity just minutes from Downtown San Antonio! This charming duplex offers the perfect blend of historic character, prime location, and strong income potential. Built in 1925, this 101-year-old Shotgun Style duplex is full of charm and features two units, each offering 2 bedrooms and 1 bathroom-ideal for long-term tenants, short-term rentals, or owner-occupancy with additional income. Each unit includes its own private backyard space, adding to tenant appeal, along with two dedicated parking spots. Conveniently located on the growing south side, the property is just minutes from Downtown San Antonio and the iconic River Walk, providing easy access to dining, entertainment, and cultural attractions. Commuters will appreciate quick access to major highways including I-35, I-37, and Loop 410, making travel throughout the city simple and efficient. The property is also near the historic San Antonio Missions and local parks, offering outdoor recreation and cultural significance. Positioned near shopping, schools, and major employment centers, this duplex is also within a short drive to Joint Base San Antonio, including Lackland Air Force Base, a major contributor to consistent rental demand in the area. With timeless Craftsman charm, functional layout, outdoor space, and a highly desirable location, this duplex presents a fantastic investment opportunity you don't want to miss.

4912-4914 Greenwood, San Antonio

Listing courtesy of Listing Agent: Chris Sandoval (chriscsandoval@gmail.com) from Listing Office: Tree of Life Real Estate Group, LLC.

$1,500,000
1949192 MLS
Family Compound or Investment Opportunity in Historic Lavaca - 3 Homes with Expansion Potential Located in the heart of the historic Lavaca district and under the shadow of the iconic Tower of the Americas, this unique property offers an exceptional opportunity for investors, short-term rental operators, or those seeking multi-generational downtown living. Perfectly positioned in one of downtown San Antonio's most walkable neighborhoods, the property is just a 15-minute walk to the Alamodome, a 10-minute walk to Hemisfair's new Hero Stadium, and only 5 minutes from the upcoming Hero music venue. Residents and guests can also enjoy numerous dining, nightlife, and entertainment options within a 10-minute walk, with a neighborhood bodega next door and a city park directly across the street. The property features three thoughtfully designed homes, each offering views of the Tower of the Americas and built with quality finishes and intentional layouts suited for modern downtown living. Two homes incorporate original historic facades, blending Lavaca's historic charm with modern construction and amenities. Home One: 1368 square feet. A spacious 3-bedroom, 3.5-bath residence with an additional flex room, ideal for a home office, studio, or extra guest space. Home Two: 1066 square feet. A comfortable 2-bedroom, 2-bath layout featuring a generous laundry room and an oversized primary closet, designed for both functionality and style. Home Three (Modern Design): 3014 square feet. A striking contemporary home with floating stairs, built-in living room bookcases, and an open loft upstairs. The home includes two primary suites, each with ensuite baths, plus outdoor living spaces including a private backyard, deck, and upper deck. Beyond the existing homes, the lot offers additional development potential, with space to build two more houses. Also on the property is one historic structure awaiting renovation, presenting an exciting opportunity to restore another piece of Lavaca history. Whether used as high-performing short-term rentals, boutique urban residences, or a hybrid live-and-rent investment, this property offers location, flexibility, and long-term upside in one of San Antonio's most desirable historic neighborhoods. Highlights: 3 existing homes with Tower views 2 homes with preserved historic facades Walkable to major downtown attractions and entertainment Space to build 2 additional homes Historic structure ready for renovation Ideal income-producing short-term rental opportunity Located in the historic Lavaca Historic District

608 Labor, San Antonio

Listing courtesy of Listing Agent: Kimberly Scandrett-Mauldin (soldbykim@yahoo.com) from Listing Office: Realty Advantage.

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