MOTIVATED SELLER - Exceptional income potential awaits with this multifamily investment property in San Antonio - already producing $5,700/month on day-one income from Units 2, 3, and 4 (currently leased to 7 tenants renting by the room). This property has a set of 2 duplexes built in 2021, on a single MF-33 zoned lot. Each of the four units offer identical 3-bedrooms and 2 full baths. Unit 1 is vacant so you can live in it or rent it out. Unit 2 has 3 tenants. Unit 3 has 2 tenants and 1 vacant room. Unit 4 has 2 tenants and 1 vacant room. That leaves you 5 vacant bedrooms. OPTION 1: Lease Unit 1 the traditional way at $1,350/month and rent the remaining 2 vacant rooms at $850 each, bringing total gross monthly income to $8,750 (105,000 annually). OPTION 2: follow the current owner's proven by-the-room strategy, renting all 5 vacant bedrooms individually at $850/month each for a total gross monthly income of $9,950 (a potential $119,400 annually). OPTION 3: This property is also a house hacking dream for owner-occupants: live in Unit 1 and rent out the 2 vacant rooms at $850 each, for a total gross monthly income $7,400 ($88,800 annually) while living virtually rent-free. OPTION 4: Go aggressive by living in a single room within Unit 1 and renting the 4 vacant rooms at $850 each, generating $9,100/month ($109,200 annually) toward your housing costs and beyond. Ideally ...
+ Read More| Listing Id: | 1998762 |
|---|---|
| List Price: | $690,000 |
| Property Type: | Multi Family |
| Status: | Active |
| Living Area: | 4,424 |
| Tax Annual Amount: | $7,850 |
| Lot Size Acres: | 0.206 |
| Architectural Style: | _2STRY |
| City: | San Antonio |
| County Or Parish: | Bexar |
| Subdivision Name: | Culebra S. To Delgado Sa |
| ZIP: | 78201 |
| Year Built: | 2020 |
| Accessible Adaptive Home: | NO |
| Elementary School: | CALL_DIST |
| High School: | CALL_DIST |
| Cooling: | _1CNTR, _3_CNT |
| Exterior Features: | LEVEL |
| Exterior: | CMTFB |
| Flooring: | CRPT, CTILE, LMNAT |
| Foundation Details: | SLAB |
| Heating Fuel: | ELEC |
| Heating: | CNTRL |
| Roof: | COMP |
| Owner Lrea_lreb: | NO |
| School District: | SAN_ANTON |
| Parcel Number: | 010210080100 |
| Builder Name: | Meyer Miller Developers |
| Directions: | From IH-10 head West on Culebra. Left on N Sabinas. Left on W Laurel. Duplexes will be on your left. |
| MLS Area Major: | _0700 |
| Original List Price: | $720,000 |
| Sale_rent: | SALE |
| State Or Province: | TX |
| Postal Code: | 78201 |
| Middle Or Junior School: | CALL_DIST |
| Potential Short Sale: | NO |
| Price_SQFT: | $155.96 |
| Source Sqft: | D |
| Subdivision Legal Name: | CULEBRA S. TO DELGADO SA |
| Tax Property Id: | 010210080100 |
| Taxed By Mltpl Counties: | NO |
| Hoa Mandatory: | NONE |
| Zoning: | MF-33 |
| Proposed Terms: | CONV, CASH |
| Listing Terms: | CONV, FHA, VA, CASH, VASUB |
| Net Operating Income: | $44,228 |
| Vacancy Allowance Rate: | 41.0 |
| Operating Expense: | $24,172 |
| Meters: | SPELC, CMWTR |
| Operating Expense Includes: | TAXES, INSRN |
| Unit 1 Info: | OVNST, STCON |
| Unit 2 Info: | OVNST, STCON |
| Unit 3 Info: | OVNST, STCON |
| Unit 4 Info: | OVNST, STCON |
| Unit Type 1 Beds Total: | 3 |
| Unit Type 1 Baths Total: | 2 |
| U1 Handicap Access: | NO |
| U1 Half Baths: | 0 |
| Unit Type 1 Garage Spaces: | 2 |
| U1 Occupied: | NO |
| U1 Park Type: | C |
| Unit Type 2 Beds Total: | 3 |
| Unit Type 2 Baths Total: | 2 |
| U2 Handicap Access: | NO |
| Unit Type 2 Garage Spaces: | 2 |
| U2 Occupied: | YES |
| U2 Park Type: | C |
| Unit Type 2 Total Rent: | $2,500 |
| Unit Type 3 Beds Total: | 3 |
| Unit Type 3 Baths Total: | 2 |
| U3 Handicap Access: | NO |
| U3 Half Baths: | 0 |
| Unit Type 3 Garage Spaces: | 2 |
| U3 Occupied: | YES |
| U3 Park Type: | C |
| Unit Type 3 Total Rent: | $1,650 |
| Unit Type 4 Beds Total: | 3 |
| Unit Type 4 Baths Total: | 2 |
| U4 Handicap Access: | NO |
| U4 Half Baths: | 0 |
| Unit Type 4 Garage Spaces: | 2 |
| U4 Occupied: | YES |
| U4 Park Type: | C |
| Unit Type 4 Total Rent: | $1,550 |
| Foundation: | SLAB |
| Tax Year: | 2025 |
| Architectural Style: | _2STRY |
| Air Conditioning: | _1CNTR, _3_CNT |
Listing Courtesy of: LPT Realty, LLC
Listing Agent: Marc Longoria
(210) 262-7815
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LERA MLS data last updated on October 08, 2026 05:02 PM - ET.
Property Last Updated: October 08, 2026 05:02 PM - ET