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San Antonio Multi-Family Properties for Sale

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Newest San Antonio Multi-Family Homes for Sale

$600,000
2002534 MLS NEW Status
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

$605,000
2000333 MLS ACTIVE Status
Exceptional investment opportunity in the heart of historic Beacon Hill! This fully beautifully remodeled fourplex features four 1-bedroom, 1-bathroom units, offering immediate rental income and strong long-term investment potential. Each unit has been thoughtfully updated with modern kitchens and bathrooms, durable wood flooring in the living areas, carpet in the bedrooms, energy-efficient mini-split HVAC systems, refrigerators, and convenient washer/dryer hookups. The property has undergone numerous capital improvements including a complete electrical upgrade to code for the entire building, crawlspace ventilation improvements, new gutters, new rear doors on three units, a newly constructed enclosure for the water softener, fresh landscaping, and an expanded rear parking area providing ample off-street parking for tenants. Additional features include separately metered electricity, a central water meter, and mature trees that enhance the property's curb appeal. Ideally located just north of Downtown San Antonio, this property offers convenient access to major employers, restaurants, entertainment, shopping, and public transportation. With extensive renovations already completed and minimal deferred maintenance, this turnkey Beacon Hill fourplex is an outstanding addition to any real estate portfolio. Don't miss the opportunity to own a quality income-producing property in one of San Antonio's most sought-after historic neighborhoods.

1020 W French Pl, San Antonio

$310,000
2000307 MLS ACTIVE Status
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

$849,950
1999627 MLS ACTIVE Status
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

$680,000
1999186 MLS ACTIVE Status
New construction just completed in July 2026! One unit is already leased at $2,050 through June 2027, and the others are in process. This newly constructed triplex presents an ideal house-hack or investment opportunity and is well-suited for a 1031 tax exchange. Separate water and electric meters for each unit. Could be a great accelerated depreciation opportunity with a cost segregation study. The property includes three separate four-bedroom units, allowing flexibility for owner occupancy, long-term leasing, short-term rentals, or a mix of both. An owner can live in one unit while renting the others to help offset expenses and generate income. 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. Located across from a park and playground, with a basketball court nearby, 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. This is one of the last new homes in the area built before recent zoning changes, making it a rare new-construction multifamily offering in this location. Each unit includes four bedrooms with bathrooms on every floor. 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. Please be aware that some photos have been virtually staged. Please be aware that some photos have been virtually staged.

726 Arthur St, San Antonio

$700,000
1998762 MLS PRICE CHANGE Status
Exceptional income potential awaits with this multifamily investment property in San Antonio - already producing $4,050/month in day-one income from Units 2 and 4 (currently leased to 5 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. Units 1 and 3 fully vacant and Unit 4 having one additional vacant room - giving a buyer 7 vacant bedrooms total ready to generate immediate upside. OPTION 1: Lease Units 1 and 3 the traditional way at $1,350/month each and fill the remaining vacant room in Unit 4, bringing total gross monthly income to $7,550 (a potential $90,600 annually). OPTION 2: follow the current owner's proven by-the-room strategy, renting all 7 vacant bedrooms individually at $800/month each for a total gross monthly income of $9,650 (a potential $115,800 annually). OPTION 3: This property is also a house hacking dream for owner-occupants: live in Unit 1 and rent out Unit 3 traditionally plus fill the vacant room in Unit 4, for a total gross monthly income around $6,200 ($74,400 annually) while living virtually rent-free. OPTION 4: Go aggressive by living in a single room within Unit 1 and renting out every other bedroom on the property by-the-room, generating approximately $8,850/month ($106,200 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

$925,000
1998540 MLS ACTIVE Status
Great investment opportunity designed to attract long-term tenants and deliver strong rental returns. Situated on a spacious one-acre lot in the desirable Hunters Ranch community, this multi-family property is ideally located between Castroville and Far West San Antonio, just off Loop 1604 and US-90. Each building features four individual units, with each unit offering 3 bedrooms, 2.5 bathrooms and 1,244 square feet of comfortable, well-planned living space. This welcoming community includes amenities such as a pool, pickleball and basketball courts, a playground, and beautifully maintained green spaces. Its prime location offers convenient access to major employers and attractions including Lackland AFB, Texas A&M University-San Antonio, the Medical Center, HEB Corporate, Boeing, USAA, SeaWorld, and Six Flags Fiesta Texas, as well as an array of nearby shopping, dining, and entertainment options. Each unit features a private fenced backyard with a covered patio, a one-car garage, and ample driveway parking. Inside, tenants enjoy bright, open-concept living areas that flow into modern kitchens complete with granite countertops and stainless-steel appliances, including refrigerators. With low-maintenance landscaping and access to top-notch community amenities, each unit is designed for both comfort and convenience. Five separate properties are available, with several units already tenant-occupied. This is a rare turnkey investment opportunity in one of San Antonio's fastest-growing areas.

763-767-781-785 Ryan Crossing, San Antonio

$399,000
1997664 MLS ACTIVE Status
** TURNKEY DUPLEX * Cash-Flowing Day One * Zoned for 4 Units Investor-ready and producing income from day one. Preliminary plans for additional 2 units already drawn up and will convey. Two fully renovated 3-bed/1-bath units - 2,408 sq ft total - with **long-term tenants already in place**: * Unit A - $1,495/mo * Unit B - $1,400/mo * **Combined: $2,895/mo * $34,740 gross annual rent** Market comps support an immediate bump to **$3,000-$3,100/mo combined** with the next lease cycle - that's $36k-$37k gross with zero upgrade work needed. **Built 1950 * Comprehensively renovated 2021:** * 2021 roof, HVAC, siding, exterior + interior paint * 2021 LVP flooring throughout, modern cabinetry, updated countertops, new appliances * Washer/dryer hookups in BOTH units **Separate electric meters** (tenants pay their own - owner cash flow stays clean) * 1-car garage per unit + long driveway + ample street parking **The standout feature:** an **exclusive rooftop deck over the garage** with private staircase access - currently the upstairs unit's primary entrance and a major draw for premium tenants. **The hidden upside that makes this a deal:** Zoned **up to 4 units**. Plans included for a **second duplex behind the existing structure** - turning a $35k/yr property into a potential $70k+/yr asset on the same lot. **Operations couldn't be cleaner:** * Tenants treat the property like their own - they maintain the landscaping themselves * No deferred maintenance - every major system replaced in 2021 * Stable lease history, no vacancy gaps **Location wins:** * Walking distance to **Woodlawn Lake** * Heart of the **Deco District** - one of San Antonio's fastest-appreciating submarkets * Minutes to **Downtown San Antonio** * Quiet residential street with persistent rental demand **Bottom line:** Already producing, already updated, already tenanted - AND has a documented expansion path to nearly double the income on the same parcel. Rare 1031 / buy-and-hold combo. **Showings by appointment - serious buyers only.** Tenants on premises.

130 Senisa Dr, San Antonio

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