
6-Unit Multifamily in San Antonio, TX
TX · listed Sep 8, 2026 (50 days)
- $/unit
- $65,000
- ▼ 35% vs TX · 18th pct
- Cap rate
- —
- NOI
- $72K
- $12,000/unit/yr
- Units
- 6
- 1948
Financials
- Asking price
- $390,000
- Price per unit
- $65,000
- Price per sq ft
- $90
- Gross rent / year
- $72,000
- Net operating income
- $72,000
- NOI per unit
- $12,000
- Cap rate
- Not stated
- Gross yield
- 18.5%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 6
- Unit mix
- four identical units in the main building and a detached rear duplex with two one-bedroom, one-bath units
- Buildings
- Not stated
- Year built
- 1948
- Building size
- 4,328 sq ft
- Avg unit size
- 721 sq ft
- Lot size
- Not stated
- Condition
- Value-add
Deal terms
- Owner financing
- Available
Listing
- Listed
- Sep 8, 2026
- Days on market
- 50 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1686
About this property
Six-unit investment opportunity with historic charm and strong rental-income potential in central San Antonio! Located near Woodlawn Lake, this property includes four identical units in the main building and a detached rear duplex with two one-bedroom, one-bath units. The main building features original wood flooring, abundant natural light, updated kitchen countertops and cabinets, and updated bathrooms. The rear duplex offers an opportunity to complete the remaining kitchen finish-out, including cabinets and countertops, and bring two additional rentals online. Each unit has separate CPS electric and gas meters, helping simplify utility management. All six units are vacant, giving the next owner flexibility to complete improvements, select tenants and establish new leases at market rents. A bus stop directly across the street adds convenience for future residents, while the central location offers access to area shopping, dining and recreation. With much of the interior updating already completed, this property offers a practical path toward building rental income while preserving its original character. REO property sold as-is. Seller financing may be available on a one year loan.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
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|---|---|---|---|
San Antonio, TXValue-add | $895K | $149K$149K | 3.4% |
| San Antonio, TX Value-add | $475K | $59K$59K | 6% |
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Olmos Park, TXOwner financingValue-add | $660K | $66K$66K | — |
| San Antonio, TX Value-add | $475K | $59K$59K | 6% |
| San Antonio, TX Value-add | $2.88M | $87K$87K | — |

