78232 Real Estate Search

78232 Multi-Family Properties for Sale

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Newest 78232 Multi-Family Homes for Sale

$825,000
2001696 MLS ACTIVE Status
Discover an incredible opportunity to own 11.9 unrestricted acres featuring three residences, two shops, and resort-style outdoor amenities-perfect for multi-generational living, a family compound, rental income, or a home-based business. The centerpiece of the property is the spectacular backyard oasis complete with a custom in-ground heated swimming pool, hot tub, rock waterfall, grotto, and an exciting waterslide, creating the ultimate space for entertaining family and friends. Enjoy evenings in the expansive covered outdoor kitchen and entertainment pavilion, featuring stone countertops, built-in grill, sink, refrigerator, and plenty of seating space overlooking the pool. String lighting and mature trees provide a warm, inviting atmosphere for year-round gatherings.The property also includes: 3 separate homes 2 large shops/workshops, 1 of which is insulated and temperature controlled, offering abundant storage and workspace Beautifully maintained grounds with mature shade trees Spacious open pasture ideal for livestock, recreation, or future expansion Garden area ready for your own fresh vegetables and flowers Covered porches perfect for relaxing and enjoying peaceful country sunsets Basketball goal and plenty of room for outdoor activities Ample parking for RVs, boats, trailers, and guests Whether you're looking for a private country retreat, investment opportunity, or a place where everyone can live together while enjoying their own space, this one-of-a-kind property offers endless possibilities.

928 County Road 154, Pleasanton

$305,000
2000307 MLS ACTIVE Status
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 are available upon request.

1703 W Mulberry Ave, San Antonio

$415,000
1999895 MLS ACTIVE Status
Investment opportunity in the desirable Evergreen Village subdivision! This well-maintained duplex offers immediate rental income with both units currently occupied, making it an excellent addition to an investment portfolio. For buyers looking to owner occupy, one unit can be delivered vacant at the close of escrow, providing the flexibility to live in one unit while generating rental income from the other. The property features one 3-bedroom, 2-bath unit with a two-car garage and one 2-bedroom, 2-bath unit with a one-car garage. Each residence offers its own private entrance, fenced backyard, and separate living space designed for comfort and privacy. The open floor plans, spacious living and dining areas, stained concrete flooring, and functional kitchens create an attractive, low-maintenance living environment that appeals to both tenants and owner occupants alike. Situated on a quiet cul-de-sac, the property offers ample parking, mature trees, and a convenient location just minutes from IH-35, H-E-B, shopping, restaurants, schools, and many of New Braunfels' most popular destinations. Its central location provides easy access for commuters while remaining tucked away in an established neighborhood. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer interested in offsetting your mortgage with rental income, this duplex presents a versatile opportunity with strong long-term potential. Properties offering both immediate cash flow and owner-occupancy flexibility are becoming increasingly difficult to find, making this an excellent opportunity in today's market.

3017 Green Mountain Dr, New Braunfels

$849,950
1999627 MLS ACTIVE Status
Own an income-producing triplex in the heart of Monte Vista, one of San Antonio's most storied historic districts. Built in 1925 in classic Mediterranean style, this three-unit property sits directly across the street from Trinity University, a busy, high-traffic corner that keeps rental demand strong year-round. All three units have stayed consistently occupied, with a strong history of full occupancy and no vacancy. Three separate units make this a smart income play or a live-in-one, rent-the-others setup. The top unit is a spacious 3 bed, 2 bath. The lower unit is a comfortable 2 bed, 2 bath. A private studio over the garage rounds it out, perfect for a third tenant or short-term rental upside. About 3,540 square feet of livable space across all three units. This is a strong fit for a 1031 exchange buyer looking to move their proceeds and step up into a stable, income-producing property in a premium location. Two of the three units have already been updated, with newer kitchens, bathrooms, flooring, fresh drywall and paint, and updated laundry areas. The upstairs is next in line for the same treatment, which gives a new owner a clear path to add value. There's also room to adjust rents for future tenants in line with strong area demand, creating an opportunity for the right investor to grow income over time. Property is directly across from Trinity University and just minutes from the Pearl, downtown San Antonio, and the Broadway Corridor, with the St. Mary's Strip, San Antonio Museum of Art, and Brackenridge Park all close by. Walk to Landa Library, coffee, and local favorites like La Fonda on Main. Steady rental demand comes built in from Trinity students, faculty, and young professionals who want to live in the middle of it all. A newer roof, roughly two years old, is a significant advantage for a home of this age. Original 1925 character, a full basement, deck, and extra storage give it the kind of charm you just can't rebuild.

406 E Mulberry, San Antonio

$649,900
1999186 MLS ACTIVE Status
BRAND-NEW TRIPLEX COMPLETED JULY 2026 | 12 BEDROOMS | $73,800 POTENTIAL ANNUAL GROSS RENT* | SEPARATELY METERED Newly constructed 3-unit townhomes just completed July 2026! One unit is already leased at $2,050 through June 2027. Two additional units currently available, providing flexibility for additional leasing or owner occupancy. *Based on current $2,050/mo lease rate applied to all 3 units, potential gross rental income is $6,150/mo or $73,800/yr. An ideal house-hack or investment opportunity and great candidate for a 1031 tax exchange. Separate water and electric meters for each unit, along with xeriscaping, allow for zero owner-paid utilities at full occupancy. Excellent potential for accelerated-depreciation benefits through a cost segregation study. The property includes three separate 3-story, 4-bedroom townhome units with bathrooms on every floor, allowing flexibility for owner occupancy, long-term leasing, short-term rentals, or a mix of both. Each unit features quality finishes designed for owner-occupant or premium rental use, including wide-plank LVP flooring, quartz countertops, central air conditioning, fire sprinklers, and stainless steel appliances. Private, fenced backyards provide additional outdoor space for each residence. The fourth bedroom allows flexibility for use as an office, sitting area, or expanded closet, giving the third floor the option to function as a private suite. Located directly across from a park and playground, the setting adds everyday convenience and rental appeal. The property offers easy access to downtown and is within walking distance of the Spurs arena, supporting both short-term and long-term rental demand. Less than 10 minutes to Fort Sam, the Pearl, and River Walk! One of the last new-construction multifamily properties in the area built before zoning changes that now prevent comparable development, creating a rare investment opportunity in this location. Please be aware that some photos have been virtually staged.

726 Arthur St, San Antonio

$690,000
1998762 MLS ACTIVE Status
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 located with easy access to I-10, residents enjoy proximity to downtown San Antonio, the Pearl District, La Cantera, The Rim, Six Flags Fiesta Texas, San Antonio College and St. Mary's University. Whether you're scaling a rental portfolio or house hacking your way into ownership, this property offers multiple paths to strong returns.

1535 W Laurel, San Antonio

$900,000
1998540 MLS PRICE CHANGE Status
Great investment opportunity designed to attract long-term tenants and deliver strong rental returns. Situated on a spacious one-acre lot in the desirable Hunters Ranch community, this multi-family property is ideally located between Castroville and Far West San Antonio, just off Loop 1604 and US-90. Each building features four individual units, with each unit offering 3 bedrooms, 2.5 bathrooms and 1,244 square feet of comfortable, well-planned living space. This welcoming community includes amenities such as a pool, pickleball and basketball courts, a playground, and beautifully maintained green spaces. Its prime location offers convenient access to major employers and attractions including Lackland AFB, Texas A&M University-San Antonio, the Medical Center, HEB Corporate, Boeing, USAA, SeaWorld, and Six Flags Fiesta Texas, as well as an array of nearby shopping, dining, and entertainment options. Each unit features a private fenced backyard with a covered patio, a one-car garage, and ample driveway parking. Inside, tenants enjoy bright, open-concept living areas that flow into modern kitchens complete with granite countertops and stainless-steel appliances, including refrigerators. With low-maintenance landscaping and access to top-notch community amenities, each unit is designed for both comfort and convenience. Five separate properties are available, with several units already tenant-occupied. This is a rare turnkey investment opportunity in one of San Antonio's fastest-growing areas.

763-767-781-785 Ryan Crossing, San Antonio

$1,800,000
1998072 MLS ACTIVE Status
Built in 1878, this beautifully remodeled Hill Country estate offers a rare opportunity to own one of Downtown Comfort's most distinctive properties. Situated on approximately 0.699 acres with exceptional High Street frontage a few blocks from the Guadalupe River, the property combines timeless character with modern convenience in one of the Texas Hill Country's most desirable locations. The spacious main residence features 4 bedrooms, 4 full baths, 1 half bath, and every bedroom includes a private ensuite bath. Native stone walls, stained concrete floors, expansive front and back porches, two laundry areas, and a remarkable stone basement create a home filled with warmth, character, and endless possibilities. The basement is ideal for a wine cellar, bourbon lounge, tasting room, or private entertaining space. Adding exceptional flexibility is the separate 1,282-square-foot former dental office, offering endless opportunities for professional offices, boutique retail, wine tasting, gallery space, guest accommodations, or additional residential use. The builder is available to complete the final finish-out based on the buyer's vision. Located within walking distance of Downtown Comfort's charming boutiques, restaurants, wine tasting rooms, coffee shops, galleries, and year-round events, this unique property offers an exceptional opportunity for a luxury residence, live/work lifestyle, investment property, or business location. With room for future expansion, additional parking, and outdoor entertaining, the possibilities are truly endless.

824 High St, Comfort

$675,000
1997326 MLS ACTIVE Status
A rare opportunity on .72 acres in Monte Vista, offering historic character, an expansive lot, and the flexibility of a main residence plus a separate secondary living space. Built in 1930, the Craftsman-style main home offers 1,972 sq ft with 3 bedrooms and 2 baths, original hardwood floors, inviting living spaces, a fireplace with built-ins, abundant natural light, and a covered front porch that complements the home's timeless character. In addition to the main residence, the property includes a 1-bedroom, 1-bath secondary living space of approximately 600 additional sq ft, complete with its own kitchen and living area. This versatile setup creates possibilities for multigenerational living, extended-stay guests, a private home office, or potential rental use. Set beneath mature trees, the expansive .72-acre lot provides generous outdoor space and a sense of privacy rarely found this close to the center of the city. Enjoy convenient access to The Pearl, Trinity University, downtown San Antonio, and many of the area's dining, cultural, and entertainment destinations. Zoned R-4 and located within the City of San Antonio's Historic Tax Incentive Program, the property's size and configuration may offer additional long-term possibilities for an owner, investor, or developer. An existing survey is available for review. Buyers should independently verify zoning and allowable uses, development opportunities, tax incentives, secondary living-space square footage, and rental potential.

527 Kings Ct, San Antonio

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