Rare 3-Unit Gem in Historic Beacon Hill! An investment opportunity awaits at 538 W. Elsmere, a triplex located in the heart of one of San Antonio's historic districts. Boasting a strong rental history and flexible floor plans, this property is perfectly suited for long-term investors or an owner-occupant looking to house-hack. Unit 1 (538 W. Elsmere): A sprawling two-story residence featuring 4 bedrooms (2 up/2 down) and 3 bathrooms. This unit offers a sunroom on the main level, a versatile upstairs loft, and a large fenced-in yard-a rare find for the area. Unit 2 (542 W. Elsmere): A spacious upstairs flat offering 3 bedrooms and 2 bathrooms, providing ample space for tenants. Unit 3: A private 1-bedroom, 1-bathroom unit, ideal for high-demand single occupancy. Located just minutes from The Pearl, San Antonio College, and Downtown, this property offers unbeatable proximity to trendy dining and urban amenities. Whether you are looking for a turnkey rental or a value-add historic project, this Beacon Hill multi-family is a must-see!
| Listing Id: | 1963175 |
|---|---|
| List Price: | $599,000 |
| Property Type: | Multi Family |
| Status: | Active |
| Living Area: | 3,747 |
| Tax Annual Amount: | $10,736 |
| Lot Size Acres: | 0.186 |
| Architectural Style: | _2STRY |
| City: | San Antonio |
| County Or Parish: | Bexar |
| Subdivision Name: | Alta Vista |
| ZIP: | 78212 |
| Year Built: | 1930 |
| Accessible Adaptive Home: | NO |
| Elementary School: | BEACON_HLL |
| High School: | EDISON |
| Cooling: | UNIT |
| Exterior Features: | PTSLB, CVPAT, DK_BL, PVFNC |
| Exterior: | ASBSH |
| Flooring: | CRPT, CTILE, LNLEM |
| Foundation Details: | CEDAR |
| Heating Fuel: | ELEC |
| Heating: | CNTRL |
| Roof: | COMP |
| Owner Lrea_lreb: | NO |
| School District: | SAN_ANTON |
| Parcel Number: | 064270050010 |
| Builder Name: | Unknown |
| Utility Supplier Gas: | CPS |
| Utility Supplier Elec: | CPS |
| Utility Supplier Water: | SAWS |
| Utility Supplier Sewer: | SAWS |
| Directions: | Turn right onto S Presa St Continue south on S Presa St Turn right onto W Elsmere St Arrive at 538 W Elsmere |
| MLS Area Major: | _0900 |
| Original List Price: | $599,000 |
| Sale_rent: | SALE |
| State Or Province: | TX |
| Postal Code: | 78212 |
| Price_SQFT: | $159.86 |
| Source Sqft: | D |
| Subdivision Legal Name: | ALTA VISTA |
| Tax Property Id: | 064270050010 |
| Taxed By Mltpl Counties: | NO |
| Hoa Mandatory: | NONE |
| Proposed Terms: | CONV, CASH |
| Listing Terms: | CONV, CASH |
| Vacancy Allowance Rate: | 0.0 |
| Meters: | SPELC, SPGAS, CMWTR |
| Operating Expense Includes: | INSRN, MAINT |
| Unit 1 Info: | OVNST |
| Unit 2 Info: | OVNST |
| Unit 3 Info: | OVNST |
| Unit Type 1 Beds Total: | 4 |
| Unit Type 1 Baths Total: | 3 |
| U1 Handicap Access: | NO |
| U1 Half Baths: | 0 |
| Unit Type 1 Garage Spaces: | 2 |
| U1 Occupied: | YES |
| U1 Park Type: | D |
| Unit Type 1 Total Rent: | $2,200 |
| Unit Type 2 Beds Total: | 3 |
| Unit Type 2 Baths Total: | 2 |
| U2 Handicap Access: | NO |
| Unit Type 2 Garage Spaces: | 2 |
| U2 Occupied: | NO |
| U2 Park Type: | S |
| Unit Type 2 Total Rent: | $1,650 |
| Unit Type 3 Beds Total: | 1 |
| Unit Type 3 Baths Total: | 1 |
| U3 Handicap Access: | NO |
| U3 Half Baths: | 0 |
| Unit Type 3 Garage Spaces: | 1 |
| U3 Occupied: | YES |
| U3 Park Type: | P |
| Unit Type 3 Total Rent: | $800 |
| Foundation: | CEDAR |
| Tax Year: | 2025 |
| Architectural Style: | _2STRY |
Listing Courtesy of: Engel & Volkers Alamo Heights
Listing Agent: Susan Sheffield
(210) 845-1008
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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