MULTIFAMILYRADAR
10-Unit Multifamily in Olmos Park, TX, photo 11 / 12
Owner financingValue-add
$659,999

10-Unit Multifamily in Olmos Park, TX

Bexar County, TX · listed Jun 8, 2026 (142 days)

Price per unit compared
This property$66K
Within ~40 mi (81)$108K
Texas median (1,029)$100K
$/unit
$66,000
▼ 34% vs TX · 19th pct
Cap rate
—
 
Gross yield
—
 
Units
10
1931

Financials

Asking price
$659,999
Price per unit
$66,000
Price per sq ft
$153
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
10
Unit mix
ten 1 bedroom, 1 bath units
Buildings
Not stated
Year built
1931
Building size
4,320 sq ft
Avg unit size
432 sq ft
Lot size
0.1 acres
Condition
Value-add

Deal terms

Owner financing
Available

Listing

Listed
Jun 8, 2026
Days on market
142 days
On MultifamilyRadar
Oct 28, 2026
Last price change
Not stated
Location
Approximate (~0.5 mi)
Listing #
1192

About this property

Vacant 10-Unit Value-Add Multifamily — Steps from Downtown San Antonio & San Antonio College

(address on request)nue presents a rare vacant-delivery acquisition opportunity in San Antonio’s Alta Vista submarket, immediately adjacent to Downtown San Antonio and San Antonio College. The offering consists of ten (10) fully vacant one-bedroom/one-bathroom units — 10 beds and 10 baths total — across 4,320 SF on a 0.103-acre infill lot, allowing a new owner to execute a full renovation and re-lease program without tenant relocation or buyout costs.

At $659,999 ($65,999.90 per unit / $152.78 per SF), the basis leaves room for a comprehensive capital improvement program while remaining attractive relative to new-construction replacement cost in the submarket. Individually metered electric service simplifies a bulk-to-submeter utility conversion, and the uniform 1/1 unit mix supports a repeatable, scalable renovation scope.

Positioned within walking distance of Downtown San Antonio’s employment core and San Antonio College’s enrollment base, the property is well suited to capture rental demand from students, young professionals, and workforce tenants once repositioned. Flexible acquisition financing is available, including Conventional, FHA, VA, and Seller Carry on the 1st.

Vacant 10-unit (10 bed / 10 bath), 1BR/1BA garden multifamily asset totaling 4,320 SF on a 0.103-AC infill parcel in San Antonio’s Alta Vista submarket, near Downtown San Antonio and San Antonio College. Offered at $659,999 ($65,999.90/unit, $152.78/SF). Individually metered electric; city water/sewer; natural gas heat fuel. Full vacant delivery supports unrestricted renovation and repositioning. Seller financing available on the 1st, alongside Conventional, FHA, VA, and Cash.

Multifamily | 10 Units | $66,000/unit

Highlights

  • Fully vacant — immediate renovation access with zero tenant buyout or relocation risk
  • Ten (10) uniform 1BR/1BA units — 10 beds / 10 baths total — simple, scalable value-add scope
  • Infill Alta Vista location minutes from Downtown San Antonio and San Antonio College
  • Individually metered electric supports a submetering/utility recapture conversion
  • Basis of $65,999.90/unit and $152.78/SF — attractive relative to new-construction replacement cost
  • Seller financing available on the 1st, alongside Conventional, FHA, VA, and Cash — flexible capital stack options

Location

Approximate area. The exact address is shared on request.

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