An exceptional investment opportunity in the heart of Alamo Heights, this 7-unit multifamily property presents a rare chance to acquire income-producing real estate in one of San Antonio's most coveted neighborhoods. Strategically positioned in a high-demand rental market, the property is nestled beneath a canopy of mature oaks with thoughtfully maintained landscaping throughout its .49 acre lot. The offering includes approximately 11,200 square feet of rentable area with units ranging from one to three bedrooms, most of which are currently leased providing immediate cash flow. Each unit features its own attached garage, private porch or balcony, and a floor plan designed to support today's lifestyle demands. Recent improvements include new flooring and fresh paint in select residences. Offering spacious layouts that appeal to long-term renters, the property is well-positioned to maintain consistent occupancy. Located just minutes from top-rated schools, major retail, dining, and cultural attractions, this multifamily residence offers both long-term appreciation potential and stable occupancy. A compelling acquisition for investors seeking location, scale, and income stability, benefiting from strong regional demand and proximity to major employment, retail, and recreational destinations.
10,529 Sq Ft
0.454 Private Acres Lot Size
Commercial
$38,988 Annual Tax
Built in 1990
MLS/Listing ID 1890544
GRANDVIEW PLACE APTS
2 Stories
7 Units
Tile
Built-Up
Construction - Stucco

Source of Data: SAN ANTONIO BOARD OF REALTORS
TOTAL MONTHLY COST
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