MULTIFAMILYRADAR
This property is no longer available. Similar buildings are listed below.
6-Unit Multifamily in San Antonio, TX, photo 1
Owner financingHigh yieldValue-add
$390,000

6-Unit Multifamily in San Antonio, TX

TX · listed Sep 8, 2026 (50 days)

Price per unit compared
This property$65K
Within ~40 mi (82)$107K
Texas median (1,029)$100K
$/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.

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