San Antonio Real Estate Search

San Antonio Multi-Family Properties for Sale

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Newest San Antonio Multi-Family Homes for Sale

$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

$680,000
1999186 MLS ACTIVE Status
New construction just completed in July 2026! One unit is already leased at $2,050 through June 2027, and the others are in process. This newly constructed triplex presents an ideal house-hack or investment opportunity and is well-suited for a 1031 tax exchange. Separate water and electric meters for each unit. Could be a great accelerated depreciation opportunity with a cost segregation study. The property includes three separate four-bedroom units, allowing flexibility for owner occupancy, long-term leasing, short-term rentals, or a mix of both. An owner can live in one unit while renting the others to help offset expenses and generate income. 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. Located across from a park and playground, with a basketball court nearby, 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. This is one of the last new homes in the area built before recent zoning changes, making it a rare new-construction multifamily offering in this location. Each unit includes four bedrooms with bathrooms on every floor. 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. Please be aware that some photos have been virtually staged. Please be aware that some photos have been virtually staged.

726 Arthur St, San Antonio

$700,000
1998762 MLS PRICE CHANGE Status
Exceptional income potential awaits with this multifamily investment property in San Antonio - already producing $4,050/month in day-one income from Units 2 and 4 (currently leased to 5 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. Units 1 and 3 fully vacant and Unit 4 having one additional vacant room - giving a buyer 7 vacant bedrooms total ready to generate immediate upside. OPTION 1: Lease Units 1 and 3 the traditional way at $1,350/month each and fill the remaining vacant room in Unit 4, bringing total gross monthly income to $7,550 (a potential $90,600 annually). OPTION 2: follow the current owner's proven by-the-room strategy, renting all 7 vacant bedrooms individually at $800/month each for a total gross monthly income of $9,650 (a potential $115,800 annually). OPTION 3: This property is also a house hacking dream for owner-occupants: live in Unit 1 and rent out Unit 3 traditionally plus fill the vacant room in Unit 4, for a total gross monthly income around $6,200 ($74,400 annually) while living virtually rent-free. OPTION 4: Go aggressive by living in a single room within Unit 1 and renting out every other bedroom on the property by-the-room, generating approximately $8,850/month ($106,200 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

$925,000
1998540 MLS ACTIVE 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

$399,000
1997664 MLS ACTIVE Status
** TURNKEY DUPLEX * Cash-Flowing Day One * Zoned for 4 Units Investor-ready and producing income from day one. Preliminary plans for additional 2 units already drawn up and will convey. Two fully renovated 3-bed/1-bath units - 2,408 sq ft total - with **long-term tenants already in place**: * Unit A - $1,495/mo * Unit B - $1,400/mo * **Combined: $2,895/mo * $34,740 gross annual rent** Market comps support an immediate bump to **$3,000-$3,100/mo combined** with the next lease cycle - that's $36k-$37k gross with zero upgrade work needed. **Built 1950 * Comprehensively renovated 2021:** * 2021 roof, HVAC, siding, exterior + interior paint * 2021 LVP flooring throughout, modern cabinetry, updated countertops, new appliances * Washer/dryer hookups in BOTH units **Separate electric meters** (tenants pay their own - owner cash flow stays clean) * 1-car garage per unit + long driveway + ample street parking **The standout feature:** an **exclusive rooftop deck over the garage** with private staircase access - currently the upstairs unit's primary entrance and a major draw for premium tenants. **The hidden upside that makes this a deal:** Zoned **up to 4 units**. Plans included for a **second duplex behind the existing structure** - turning a $35k/yr property into a potential $70k+/yr asset on the same lot. **Operations couldn't be cleaner:** * Tenants treat the property like their own - they maintain the landscaping themselves * No deferred maintenance - every major system replaced in 2021 * Stable lease history, no vacancy gaps **Location wins:** * Walking distance to **Woodlawn Lake** * Heart of the **Deco District** - one of San Antonio's fastest-appreciating submarkets * Minutes to **Downtown San Antonio** * Quiet residential street with persistent rental demand **Bottom line:** Already producing, already updated, already tenanted - AND has a documented expansion path to nearly double the income on the same parcel. Rare 1031 / buy-and-hold combo. **Showings by appointment - serious buyers only.** Tenants on premises.

130 Senisa Dr, San Antonio

$699,900
1996527 MLS ACTIVE Status
Highway 87 Commercial & Investment Opportunity in Comfort, Texas If you've been searching for an investment property with multiple income streams or a prime location for your next business venture, this exceptional Highway 87 property on .516 deserves your attention. Situated on one of Comfort's busiest corridors directly across from four established businesses, this unique property offers outstanding Highway 87 frontage, excellent visibility, and unlimited potential in one of the fastest-growing destinations in the Texas Hill Country. The property includes three separate buildings, all featuring new roofs, providing exceptional flexibility for investors, entrepreneurs, business owners, or those seeking a live/work lifestyle. Property Features Main Home - Property (Lot 2) | 1,347 Sq. Ft. 2 Bedrooms 2 Bathrooms Spacious living area and kitchen Ideal as an owner's residence, long-term rental, or short-term vacation rental Guest Home - Property (Lot 3) | 764 Sq. Ft. 2 Bedrooms 1 Bathroom Comfortable living area and kitchen Excellent income-producing opportunity or guest accommodations Efficiency Apartment | 516 Sq. Ft. 1 Bedroom Kitchen Full Bathroom Perfect for additional rental income, guest quarters, or employee housing Whether you're looking to generate multiple income streams or establish your own business, this property offers endless possibilities. Live in the main home while renting the guest home and efficiency apartment, or maximize your investment by leasing all three units. The property also presents an outstanding opportunity for office space, retail, boutique lodging, professional services, wellness studios, or other commercial ventures, subject to applicable zoning and approvals. Comfort is one of the Texas Hill Country's most charming and rapidly growing communities, known for its historic downtown, boutique shopping, wineries, restaurants, festivals, and welcoming small-town atmosphere. Conveniently located between Fredericksburg, Boerne, and Kerrville, Comfort continues to attract visitors, entrepreneurs, and new residents alike. Properties offering Highway 87 frontage, three separate buildings, new roofs, and exceptional flexibility are rarely available. Whether you're looking for an investment property, a business location, or a unique live/work opportunity, this property is ready to bring your vision to life. Schedule your private showing today for Lil' Comfort House and discover the endless possibilities this exceptional Comfort property has to offer!

19 Us Highway 87, Comfort

$345,000
1995183 MLS ACTIVE Status
**Outstanding Investment Opportunity | House Hack | Multi-Generational Living** Welcome to an exceptional income-producing duplex that offers the perfect blend of cash flow, flexibility, and modern updates in one of San Antonio's most convenient locations. Whether you're an investor seeking a turnkey addition to your portfolio or a homeowner looking to significantly reduce your monthly mortgage by living in one unit while renting the other, this property presents an opportunity that's becoming increasingly difficult to find. Each spacious unit features 3 bedrooms, 1.5 bathrooms, an open-concept living and dining area, a private attached one-car garage, separate driveway, individual entrances, and separately metered utilities, providing privacy and convenience for both owners and tenants. A charming shared front porch creates welcoming curb appeal while maintaining the functionality today's buyers desire. **Unit 7203 is vacant and completely move-in ready.** Fresh interior updates, modern neutral finishes, updated flooring, and abundant natural light create a bright, inviting atmosphere. The beautifully renovated kitchen is the heart of the home, featuring crisp white cabinetry, granite-style countertops, stainless steel appliances, refrigerator, smooth-top range, built-in microwave, deep undermount sink with designer faucet, generous prep space, and a highly functional U-shaped layout offering exceptional storage and efficiency. Every detail has been thoughtfully updated to provide both style and everyday practicality. Step outside to enjoy the fully fenced backyard, where you'll discover one of this property's standout features-large gated rear alley access offering incredible versatility for additional parking, trailers, recreational vehicles, or easy backyard access. A covered rear patio creates the perfect space for relaxing, grilling, or entertaining family and friends. **Unit 7205 is tenant occupied, providing immediate rental income from day one.** Please do not disturb the tenant. Showings are available for Unit 7203 only. Ideally located just minutes from Loop 410, Highway 90, Downtown San Antonio, Lackland Air Force Base, shopping, restaurants, schools, parks, major employers, and public transportation, this duplex offers outstanding convenience for commuters and strong long-term rental demand. A neighborhood park just around the corner adds even more appeal for residents. Properties offering updated interiors, separate garages and driveways, strong rental potential, and flexible owner-occupancy options are in high demand and rarely remain available for long. Whether you're building wealth through real estate investing, searching for the perfect house hack, accommodating multi-generational living, or simply looking for a property with excellent long-term appreciation potential, this duplex delivers outstanding value, immediate income, and endless possibilities.

7203/7205 Timbercreek, San Antonio

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IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 

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