Discover a compelling value add multifamily opportunity in San Antonio's Riverside neighborhood, ideally positioned near Fair Ave and I37 for effortless access to Downtown, major interstates and nearby Southtown. This 9unit property has already benefited from significant upgrades-including a new roof installed in Feb 2025, all new Foundation and Plumbing replacement just over a year ago. Owner added new boilers, new laundry room hookups, new stoves and refrigerators, installation of new mini-splits throughout all units in the primary 7-unit structure, new fully painted interior and new partially painted exterior-leaving the next owner to just polish up exterior cosmetics, Unit 8, and unlock full income potential. The main building offers 7 units (4 upstairs, 3 downstairs), complemented by 2 units in a detached dwelling. Set on a spacious 13,000 SF corner lot, the property provides generous parking and a covered 2car carport. With separately metered electricity and shared water/sewer, this asset is primed for streamlined management and future rent growth. Ideal for investors seeking light projects with major progress made and upside remaining.
| MLS # | 1946132 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1907 |
| Days On Site | 177 |
| Listing Provided By | The Agency San Antonio | Michelle Shipman |
| SQ Feet | 3,260 |
|---|---|
| Units | 9 |
| Zoning | MF-33 |
| Acreage | 0.30 |
| Heating Fuel | Electric, Natural Gas |
|---|
| Exterior | Wood, Siding |
|---|---|
| Exterior Features | Mature Trees, Detached Quarters, Level |
| Foundation | Slab |
| Waterorsewer | City |
|---|
| Tax Property Id | 032060040350 |
|---|---|
| Taxed By Mltpl Counties | No |
| Total Tax | 10240.71 |
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78223 |
| Area | Bexar |
| Community Name | Fair |
| School District | San Antonio I.S.D. |
| Elementary School | Riverside Park |
| High School | Brackenridge |
| Listing VS Median (in Fair) | |
Price: $549,995 low | high Med: $798 sqft: 3,260 low | high Med: 795 $ / sqft: $169 low | high Med: $1 On site: 177 low | high Med: 534.5 | |
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78223 |
| Area | Bexar |
| Community Name | Fair |
| School District | San Antonio I.S.D. |
| Elementary School | Riverside Park |
| High School | Brackenridge |
| Listing VS Median (in Fair) | |
Price: $549,995 low | high Med: $798 sqft: 3,260 low | high Med: 795 $ / sqft: $169 low | high Med: $1 On site: 177 low | high Med: 534.5 | |