San Antonio Real Estate Search

San Antonio Multi-Family Properties for Sale

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Newest San Antonio Multi-Family Homes for Sale

$499,000
2015137 MLS NEW Status
Seven units across three separate buildings near Tobin Hill! Located near Methodist Hospital Metropolitan, San Antonio College, downtown and the Pearl, this property offers historic character, a versatile unit mix and the opportunity to restore an income-producing property in central San Antonio. Nearby medical employers, educational institutions, restaurants and entertainment add appeal for future residents. Situated on an approximately one-third-acre lot with C-1 zoning, the property includes a duplex with two 2-bedroom/1-bath residences, a fourplex with four 1-bedroom/1-bath apartments, and a detached 1-bedroom/1-bath residence at the rear. Ample rear parking and additional street parking complement the three-building configuration. Covered porches, balconies, original wood flooring and classic architectural details showcase the property's character. Select improvements include updated electrical in some units and quartz countertops in some kitchens and bathrooms. All seven units are currently vacant. The fourplex sustained significant fire damage, primarily involving the two upstairs units, and requires extensive rehabilitation. The complete extent of damage and repair costs have not been determined. For investors prepared to undertake the restoration, the existing residences, generous lot and proximity to central San Antonio destinations offer an opportunity to build long-term rental income. REO property sold AS-IS.

305 W Poplar St, San Antonio

$750,000
2015095 MLS NEW Status
Exceptional Multi-Unit Investment Opportunity in Historic Downtown San Antonio. Located in the heart of San Antonio's highly sought-after Lavaca Historic District, this beautifully renovated multi-unit property offers a rare opportunity for investors, short-term rental operators, or those seeking flexible multi-generational living. The property features three fully furnished units with a combined 4 bedrooms and 4 bathrooms, providing multiple income-producing possibilities. Thoughtfully updated and move-in ready, each unit showcases stylish finishes, modern furnishings, and contemporary conveniences while preserving the character and charm of this historic neighborhood. Recent improvements include brand-new appliances throughout, including stoves, dishwashers, washers, dryers, and microwave exhaust systems. Five new split-system AC units provide efficient climate control, while three newly renovated bathrooms enhance comfort and appeal. Designed with both security and convenience in mind, the property is equipped with exterior security cameras, front door cameras, automatic touchpad entry locks, new fencing, and a private electric gate. A two-car garage with brand-new doors offers secure parking, while additional street parking provides convenience for guests and tenants. Additional upgrades include new gutters, back porch roof repairs, wheelchair-accessible ramps, and beautifully restored front pillars that honor the home's historic architecture. Beyond the property itself, the location is what truly sets this opportunity apart. Enjoy a highly walkable lifestyle with easy access to the Alamodome, Tower of the Americas, Hemisfair Park, and the world-famous San Antonio River Walk. The property is also ideally positioned near the future home of the San Antonio Spurs' proposed downtown arena and the city's transformative Project Marvel, a multi-billion-dollar sports and entertainment district planned to include a state-of-the-art NBA arena, expanded Convention Center, renovated Alamodome, new entertainment venues, mixed-use development with restaurants, retail, hotels, and enhanced pedestrian connectivity designed to further energize downtown San Antonio. Whether you're looking to expand your investment portfolio, operate a successful short-term rental business, or own property in one of San Antonio's fastest-evolving urban neighborhoods, this turnkey offering presents exceptional income potential in a location poised for continued growth. Schedule your private showing today and experience the perfect blend of historic charm, modern amenities, walkability, and exciting future development in the heart of downtown San Antonio.

333 Florida St, San Antonio

$325,000
2014905 MLS NEW Status
MULTI-FAMILY OPPORTUNITY ON 0.50 ACRE! Discover the possibilities at 628 Monticello, featuring three separate residential units on a spacious half-acre lot with no HOA. Currently vacant, the property offers flexibility for an investor, owner-occupant, or buyer looking for a multi-unit property with additional land and future potential. Unit 1 features 2 bedrooms, 1 full bath, a kitchen, and utility room. Unit 2 offers 1 bedroom and 1 full bath, while the detached Unit 3 includes 1 bedroom and 1 full bath. All units feature no carpet for easy maintenance. The property also includes a carport and storage shed, adding valuable convenience and storage. Separate electric and gas meters provide individual utility metering for each unit, while water is shared through a common meter. The approximately 0.50-acre lot provides ample space and flexibility, with potential to explore additional units or other improvements in the future, subject to buyer verification, zoning, permitting, and applicable city requirements. With three existing units, separate utility metering, a detached unit, generous lot size, and no HOA, 628 Monticello presents a versatile multi-family opportunity with plenty of room to make the property work for your investment goals. Property is currently vacant and ready for its next owner. Buyer to independently verify all measurements, square footage, zoning, utility information, development possibilities, and other property details.

628 Monticello Ct, San Antonio

$249,000
2014431 MLS NEW Status
Endless possibilities await with this versatile home at 1023 W French Pl, offering exceptional flexibility for homeowners, investors, or multi-generational living. The charming historic front porch invites you into a warm and inviting living room adorned with real wood floors and a cozy fireplace, setting the tone for the character that continues throughout the home. The beautifully designed dining room, highlighted by French doors, seamlessly connects to the spacious kitchen equipped with gas cooking, creating a functional layout perfect for both everyday living and entertaining. This home features three comfortable bedrooms and a full bathroom, complemented by a covered backyard patio ideal for relaxation and gatherings. Spanning 1,500 square feet, the main residence is further enhanced by a detached 600 square foot guest house with its own private entrance. This separate living quarters includes a kitchen, living room, bedroom, and full bathroom, making it perfect for extended family, guests, a private home office, or as a source of rental income. The separately fenced backyard areas for both residences provide added privacy and versatility. Ask for the 2025 rental income statement to see the property income producing potential. Located in Beacon Hill, one of San Antonio's oldest planned neighborhoods, this property is surrounded by historic Craftsman bungalows and Spanish Revival homes. Residents enjoy the nearby Beacon Hill Linear Park, community garden, and vibrant local businesses, while being just 5 to 10 minutes from downtown. The ongoing revitalization and thoughtful restoration in the area suggest continued appreciation, with many homes on the street already renovated. This property presents a rare opportunity to live in a charming home while potentially generating income from the guest house. Schedule your private showing today to explore this unique offering and experience the potential that awaits. Your journey towards exceptional living starts here. Outstanding value with strong income potential. A Net Operating Income (NOI) statement is available upon request. Ask your REALTOR for details, including the property's estimated cap rate.

1023 W French Pl, San Antonio

$550,000
2002098 MLS NEW Status
Rare income-producing duplex in the heart of Mahncke Park, one of San Antonio's most sought-after and walkable historic neighborhoods. Built in 1928 and full of timeless character, 217 Allensworth offers two well-appointed units across 2,656 sq ft of living space on a 6,762 sq ft lot, making it an exceptional opportunity for investors, house-hackers, or multi-generational buyers looking to own in the coveted 78209 zip code. Each unit features 2 bedrooms, 1 bath, original hardwood flooring, cozy fireplaces, and an abundance of natural light that pours through classic windows, the kind of craftsmanship you simply don't find in new construction. The property is fully occupied and move-in ready, offering immediate rental income and long-term appreciation potential in one of Bexar County's most desirable corridors. Situated on a quiet, tree-lined street, you're just minutes from the San Antonio Botanical Garden, Brackenridge Park, The DoSeum, and the vibrant dining and retail along Broadway. Quick access to downtown San Antonio, the Pearl District, UTSA's Health Science Center, and major highways including IH-35 and US-281 makes this location unbeatable for tenants and owners alike. Whether you're a seasoned investor expanding your San Antonio real estate portfolio or a first-time buyer looking to live in one unit and let the other pay your mortgage, 217 Allensworth is a turnkey asset in a neighborhood where properties rarely last. Don't miss this opportunity to own a piece of San Antonio's historic Mahncke Park

217 Allensworth St, San Antonio

$590,000
2012973 MLS ACTIVE Status
INVESTMENT OPPORTUNITY NEAR SAN ANTONIO'S MEDICAL CENTER! This well-configured 4-plex townhouse property offers an excellent opportunity for investors seeking multiple income-producing units in one convenient location. Each spacious unit features 2 bedrooms, 1.5 bathrooms, a private fenced back patio, and washer/dryer hookups. All four units are separately metered for utilities, helping simplify property management and expense allocation. The property also features a dedicated parking lot accommodating up to two vehicles per unit. With two units currently occupied and two units vacant, a new owner has the opportunity to immediately implement their own leasing strategy while maintaining income from the existing tenants. The property also offers potential upside through thoughtful improvements to the vacant units and, over time, the opportunity to increase rents on existing units as market conditions and lease cycles allow. Located near San Antonio's Medical Center, the property may also offer flexibility for an investor considering alternative rental strategies, including mid-term housing for traveling nurses, physicians, medical residents, and other healthcare professionals. An owner could evaluate a combination of traditional long-term rentals and mid-term rentals to maximize flexibility and potentially enhance overall income. Whether your strategy is to stabilize the property, make strategic improvements, maximize rental income, explore mid-term rental opportunities, or hold for long-term appreciation, 4906 Ali Ave offers an attractive opportunity to add a versatile income-producing asset to your portfolio.

4906 Ali Ave, San Antonio

$739,999
2005498 MLS PRICE CHANGE Status
This is a rare opportunity to acquire three multifamily buildings on three separate parcels in one package, offering immediate cash flow with significant upside. Situated on 0.345 acres and totaling 4,286 SF, the property is zoned MF-33, providing valuable flexibility in a market where multifamily opportunities are increasingly difficult to find. The portfolio has undergone substantial improvements, with two buildings recently rehabilitated and the third approximately 70% complete, allowing a new owner to finish the project and realize the remaining value-add potential. Currently, three units are leased with two additional units ready for occupancy, providing an immediate opportunity to increase cash flow through lease-up. The property's pro forma gross annual income is approximately $64,200 with estimated operating expenses of $22,610 (including property taxes, insurance, maintenance, and utilities currently paid by ownership), resulting in a projected Net Operating Income of approximately $41,590. At the asking price, the property offers an attractive 5.55% cap rate, with additional upside available through operational improvements. An additional approximately 850 SF of unfinished space presents the opportunity to create income-producing space, further enhancing returns. There may also be future opportunities to reduce operating expenses by separately metering utilities or implementing utility reimbursement programs, increasing NOI over time. Whether you're looking to expand your multifamily portfolio or complete a partially finished redevelopment project with strong income potential, 101, 103 & 107 Stanley Ct offers an attractive combination of existing cash flow, redevelopment upside, and long-term investment potential.

101 Stanley Ct, San Antonio

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