Excellent investment opportunity! Situated on a desirable corner lot, this well-maintained duplex features two separately addressed 2-bedroom, 1-bath units, making it an ideal addition to any investment portfolio. Both units are currently tenant-occupied, providing immediate rental income. 1703 W. Mulberry Ave is leased through 10/19/2026 at $900 per month, and 2903 N. Zarzamora is leased through 09/28/2026 at $1,000 per month. Each unit has its own CPS Energy and SAWS meters, allowing tenants to pay their own utilities. Major capital improvements have already been completed, with the roof, HVAC systems, water heaters, and many appliances all approximately two years old, offering peace of mind and reduced maintenance expenses. Each unit is thoughtfully designed for comfortable, low-maintenance living with durable vinyl flooring throughout and an open living and dining area that creates a bright, welcoming atmosphere. The eat-in kitchens feature ample cabinetry, solid countertops, an electric range, and a full-size refrigerator, providing everything needed for everyday living. The spacious primary bedrooms offer direct access to the backyard, where tenants can enjoy a covered patio, privacy and chain-link fencing, a storage shed, and washer and dryer hookups. Additional features include energy-efficient windows, programmable thermostats, central HVAC, carbon monoxide detectors, and covered one-car carports. Conveniently located near shopping, dining, schools, and major highways, this income-producing property combines strong rental potential with valuable recent updates, making it an exceptional opportunity for both seasoned and first-time investors. Lease agreements and additional rental information ...
+ Read More| Listing Id: | 2000307 |
|---|---|
| List Price: | $285,000 |
| Property Type: | Multi Family |
| Status: | Active |
| Living Area: | 1,532 |
| Tax Annual Amount: | $5,381 |
| Lot Size Acres: | 0.228 |
| Architectural Style: | _1STRY |
| City: | San Antonio |
| County Or Parish: | Bexar |
| Subdivision Name: | Woodlands Heights |
| ZIP: | 78201 |
| Year Built: | 1952 |
| Accessible Adaptive Home: | NO |
| Elementary School: | WOODLAWN |
| High School: | JEFFERSON |
| Cooling: | UNIT |
| Exterior Features: | CVPAT |
| Exterior: | SDING |
| Flooring: | VINYL |
| Foundation Details: | SLAB |
| Heating Fuel: | ELEC |
| Heating: | CNTRL |
| Roof: | COMP |
| Construction: | PRE_OWNED |
| Owner Lrea_lreb: | NO |
| School District: | SAN_ANTON |
| Parcel Number: | 019460240010 |
| Builder Name: | Unknown |
| Directions: | Head south on I-10 E, Take exit 567 toward TX-345Loop/Fredericksburg Rd/Woodlawn Ave, Merge onto Frontage Rd/I-10 Frontage Rd, Turn right toward Fredericksburg Rd/U.S. 87 Bus, Sharp left onto N Zarzamora St, Left to W Mulberry Ave. |
| MLS Area Major: | _0800 |
| Original List Price: | $310,000 |
| Sale_rent: | SALE |
| State Or Province: | TX |
| Postal Code: | 78201 |
| Middle Or Junior School: | LONGFELLOW |
| Price_SQFT: | $186.03 |
| Recent Rehab: | NO |
| Source Sqft: | D |
| Subdivision Legal Name: | WOODLAWN TERRACE |
| Tax Property Id: | 019460240010 |
| Taxed By Mltpl Counties: | NO |
| Hoa Mandatory: | NONE |
| Proposed Terms: | CONV, CASH |
| Listing Terms: | CONV, FHA, VA, CASH |
| Net Operating Income: | $15,600 |
| Vacancy Allowance Rate: | 5.0 |
| Operating Expense: | $7,500 |
| Meters: | SPELC, SPGAS, SPWTR |
| Operating Expense Includes: | TAXES, INSRN |
| Unit 1 Info: | OVNST, DSPL, DSHWS, RFGTR, WSHCN, DRYCN |
| Unit 2 Info: | OVNST, DSPL, DSHWS, RFGTR, WSHCN, DRYCN |
| Unit Type 1 Beds Total: | 2 |
| Unit Type 1 Baths Total: | 1 |
| U1 Handicap Access: | NO |
| U1 Half Baths: | 0 |
| Unit Type 1 Garage Spaces: | 1 |
| U1 Occupied: | YES |
| U1 Park Type: | C |
| Unit Type 1 Total Rent: | $900 |
| Unit Type 2 Beds Total: | 2 |
| Unit Type 2 Baths Total: | 1 |
| U2 Handicap Access: | NO |
| Unit Type 2 Garage Spaces: | 1 |
| U2 Occupied: | YES |
| U2 Park Type: | C |
| Unit Type 2 Total Rent: | $1,000 |
| Foundation: | SLAB |
| Tax Year: | 2025 |
| Architectural Style: | _1STRY |
Listing Courtesy of: PMI Birdy Properties, CRMC
Listing Agent: Matthew Ridings
(210) 823-4817
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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