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San Antonio Multi-Family Properties for Sale

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Newest San Antonio Multi-Family Homes for Sale

$305,000
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

$649,900
1999186 MLS ACTIVE Status
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

$690,000
1998762 MLS ACTIVE Status
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

$900,000
1998540 MLS PRICE CHANGE 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

$675,000
1997326 MLS ACTIVE Status
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

$342,999
1995183 MLS ACTIVE Status
**Outstanding Investment Opportunity | House Hack | Multi-Generational Living** Welcome to an exceptional income-producing duplex that offers the perfect blend of cash flow, flexibility, and modern updates in one of San Antonio's most convenient locations. Whether you're an investor seeking a turnkey addition to your portfolio or a homeowner looking to significantly reduce your monthly mortgage by living in one unit while renting the other, this property presents an opportunity that's becoming increasingly difficult to find. Each spacious unit features 3 bedrooms, 1.5 bathrooms, an open-concept living and dining area, a private attached one-car garage, separate driveway, individual entrances, and separately metered utilities, providing privacy and convenience for both owners and tenants. A charming shared front porch creates welcoming curb appeal while maintaining the functionality today's buyers desire. **Unit 7203 is vacant and completely move-in ready.** Fresh interior updates, modern neutral finishes, updated flooring, and abundant natural light create a bright, inviting atmosphere. The beautifully renovated kitchen is the heart of the home, featuring crisp white cabinetry, granite-style countertops, stainless steel appliances, refrigerator, smooth-top range, built-in microwave, deep undermount sink with designer faucet, generous prep space, and a highly functional U-shaped layout offering exceptional storage and efficiency. Every detail has been thoughtfully updated to provide both style and everyday practicality. Step outside to enjoy the fully fenced backyard, where you'll discover one of this property's standout features-large gated rear alley access offering incredible versatility for additional parking, trailers, recreational vehicles, or easy backyard access. A covered rear patio creates the perfect space for relaxing, grilling, or entertaining family and friends. **Unit 7205 is tenant occupied, providing immediate rental income from day one.** Please do not disturb the tenant. Showings are available for Unit 7203 only. Ideally located just minutes from Loop 410, Highway 90, Downtown San Antonio, Lackland Air Force Base, shopping, restaurants, schools, parks, major employers, and public transportation, this duplex offers outstanding convenience for commuters and strong long-term rental demand. A neighborhood park just around the corner adds even more appeal for residents. Properties offering updated interiors, separate garages and driveways, strong rental potential, and flexible owner-occupancy options are in high demand and rarely remain available for long. Whether you're building wealth through real estate investing, searching for the perfect house hack, accommodating multi-generational living, or simply looking for a property with excellent long-term appreciation potential, this duplex delivers outstanding value, immediate income, and endless possibilities.

7203/7205 Timbercreek, San Antonio

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