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San Antonio Multi-Family Properties for Sale

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Newest San Antonio Multi-Family Homes for Sale

$999,000
1939834 MLS ACTIVE Status
This income-producing fourplex in Hunters Ranch offers an immediate blend of cash flow and long-term upside in one of San Antonio's fastest-growing corridors. The property consists of four well-designed, 3/2.5/1 units, two currently leased at $1,495 per month and two vacant units ready for immediate occupancy or lease-up. For VA buyers, this presents an ideal opportunity to live in one unit while offsetting the mortgage with rental income from the remaining units. Each unit features its own private yard, a rare and highly desirable feature that supports strong tenant retention and market rents. Utilities are thoughtfully structured, with electricity individually metered and shared septic and gas costs allocated at just $10 per unit per month, keeping overhead predictable. The property is located in Hunters Ranch, an area benefiting from rapid population growth, expanding retail corridors, and proximity to Loop 1604, Highway 90, and major employers. The pre construction appraisal supports strong long-term fundamentals, citing increasing household incomes and sustained rental demand in the surrounding area. With two units already producing income and two offering immediate upside, this property allows a buyer to stabilize quickly while maintaining flexibility in leasing or owner-occupancy strategy. Whether you're an investor seeking a low-maintenance asset or a VA buyer looking to house-hack with intention, this fourplex delivers both income today and appreciation potential tomorrow.

728 Abigail Alley, San Antonio

$950,000
1939828 MLS ACTIVE Status
Alta Vista Value-Add Multifamily | 6 Units | Over 4,000 SF Exceptional value-add multifamily opportunity in the desirable Alta Vista neighborhood. This 6 unit property totaling over 4,000 square feet is being offered as an estate sale and presents substantial upside for investors seeking a repositioning or redevelopment play.The property is not currently operating at market efficiency. There are no long-term leases in place. Three of the six units are occupied on a month-to-month basis at below-market rents, offering immediate rent-growth potential. One unit is occupied by a family member at no rent, and another unit is a 2-bedroom / 1-bath currently under construction, providing a clear path to additional value upon completion by the new owner. The remaining unit offers further opportunity for optimization.Notable features include a central courtyard, on-site parking lot, and a in-ground swimming pool. Rare amenities that support future rent premiums once the property is stabilized and professionally managed.Located along N Flores, the asset benefits from proximity to downtown San Antonio, The Pearl, and major employment centers, making it well-positioned for long-term demand. This is a true investor asset ideal for rent optimization, light-to-moderate renovation, completion of existing improvements, and professional management. Strong fundamentals, flexible occupancy, and multiple value-creation strategies make this an increasingly rare opportunity in Alta Vista.

3221 N Flores, San Antonio

$424,999
1933956 MLS ACTIVE Status
Presenting a rare opportunity to lease or purchase a newly built 3-story condominium unit within a modern portfolio of duplex-style residences in the rapidly growing Denver Heights area-just minutes from downtown San Antonio. Each unit offers approximately 1,180 square feet of thoughtfully designed living space, featuring 3 bedrooms, 2.5 bathrooms, and a single-car garage. The flexible three-story layout is ideal for a variety of living arrangements, including roommate setups, multigenerational living, or work-from-home lifestyles. The first floor includes a private-entry bedroom with an ensuite half bath and dedicated mini-split system-perfect for added privacy. The second level showcases an open-concept living, dining, and kitchen area filled with natural light and enhanced by recessed lighting throughout. The kitchen is outfitted with bright countertops, modern cabinetry, and a full suite of stainless-steel appliances, including refrigerator, stove, microwave, and dishwasher. On the third floor, the spacious primary suite features its own ensuite bathroom, accompanied by a secondary bedroom for additional flexibility. Central HVAC services the second and third floors for year-round comfort. Washer and dryer connections for a stackable unit add convenience, while no carpet throughout ensures a clean, low-maintenance interior. Each unit includes a one-car garage and separate electric meters for streamlined utility management-an attractive feature for investors. With no existing tenants, units are available for immediate lease-up, allowing for flexibility in rental pricing. Ideally located near downtown San Antonio with easy access to major highways, dining, and entertainment-including the Frost Bank Center and Freeman Coliseum-this property is well positioned. Multiple units are available-invite others to be your neighbor or co-investors in this stylish condo community! Whether you're looking for a modern place to live or a strategic lock and leave addition to your investment portfolio, this opportunity offers the perfect blend of location, design, and income potential.

1303 S Essex St 101,102, San Antonio

$424,999
1933944 MLS ACTIVE Status
Presenting a rare opportunity to lease or purchase a newly built 3-story condominium unit within a modern portfolio of duplex-style residences in the rapidly growing Denver Heights area-just minutes from downtown San Antonio. Each unit offers approximately 1,180 square feet of thoughtfully designed living space, featuring 3 bedrooms, 2.5 bathrooms, and a single-car garage. The flexible three-story layout is ideal for a variety of living arrangements, including roommate setups, multigenerational living, or work-from-home lifestyles. The first floor includes a private-entry bedroom with an ensuite half bath and dedicated mini-split system-perfect for added privacy. The second level showcases an open-concept living, dining, and kitchen area filled with natural light and enhanced by recessed lighting throughout. The kitchen is outfitted with bright countertops, modern cabinetry, and a full suite of stainless-steel appliances, including refrigerator, stove, microwave, and dishwasher. On the third floor, the spacious primary suite features its own ensuite bathroom, accompanied by a secondary bedroom for additional flexibility. Central HVAC services the second and third floors for year-round comfort. Washer and dryer connections for a stackable unit add convenience, while no carpet throughout ensures a clean, low-maintenance interior. Each unit includes a one-car garage and separate electric meters for streamlined utility management-an attractive feature for investors. With no existing tenants, units are available for immediate lease-up, allowing for flexibility in rental pricing. Ideally located near downtown San Antonio with easy access to major highways, dining, and entertainment-including the Frost Bank Center and Freeman Coliseum-this property is well positioned. Multiple units are available-invite others to be your neighbor or co-investors in this stylish condo community! Whether you're looking for a modern place to live or a strategic lock and leave addition to your investment portfolio, this opportunity offers the perfect blend of location, design, and income potential.

1518 S Walters #101,102, San Antonio

$625,000
1932438 MLS ACTIVE Status
Set within the Monte Vista Historic District, this distinctive multi-family residence reflects the enduring charm and architectural character that define one of San Antonio's most treasured neighborhoods. Ideally positioned between Monte Vista and Olmos Park, the property offers an opportunity to own a versatile home in a location celebrated for its history, walkability, and proximity to the city's finest dining, top universities, airport, and cultural landmarks like the San Antonio Zoo and The Japenese Tea Gardens. The property is comprised of three living units totaling 2,947 square feet, including a duplex and a detached studio. The duplex features a generous 2-bedroom, 2-bath residence alongside a 1-bedroom, 1-bath unit, while the 500 sqft studio includes a full bath and kitchenette, ideal for guests or private rental use. Designed with flexibility and connection in mind, the units are linked by a shared covered terrace, creating a graceful transition between spaces while maintaining individual privacy. A shared laundry area, carport, and additional rear parking provide modern convenience without compromising the property's historic integrity. Inside, classic details such as hardwood floors and saltillo tile speak to the craftsmanship of the era, while the home's careful upkeep honors its past while supporting contemporary living. Situated on an expansive 0.34-acre lot, the grounds offer room to breathe. Currently serving as a multi-generational home, the property also presents an opportunity as an income-producing asset. This is a rare chance to steward a piece of San Antonio history while enjoying exceptional flexibility in one of the city's most iconic neighborhoods.

1035 Shook, San Antonio

$505,990
1931179 MLS ACTIVE Status
BRAND NEW 2026 DUPLEXES. GATED COMMUNITY. SPECIAL OFFER: ~3.75 %+ Interest Rate for Qualified Buyers. Live on one side and rent the other, removing the majority of your mortgage payment while building equity in an Airbnb friendly community! Two units per building. Each unit has 1,505 sq ft, 3 bedrooms and 2.5 baths, making this a great investment / house hacking opportunity. When ready, you can move out and rent both sides for cash flow. A property management company can manage your tenant(s) for 7.5% of rents. Monthly rent of $1,775 per side is suggested but not guaranteed. 1-2-10 warranty included. *Montgomery Village* is an upscale gated duplex community with a private park and a community-wide front irrigation system. Included in the HOA fee is front lawn mowing. Never worry about your neighbors failing to maintain their front yards again! Each duplex includes an oversized 1.5 car garage with automatic garage door opener, premium vinyl plank floors, stainless steel appliances and much more. Montgomery Village is located just off 90 West one exit outside of 1604, making it a great place to find renters who don't want to travel an extra 30 minutes to the outer suburbs through gridlock traffic just to get home every day. The area is currently a hot spot for growth, driven to a large extent by the number of major employers within a twenty-minute drive including Joint Base Lackland, USAA, Citibank, American Funds, Valero, UTSA, Six Flags, Marathon Petroleum, Microsoft, and a concentration of large employers nearby Highway 151.

12340 Montgomery Forest, San Antonio

$513,490
1931178 MLS ACTIVE Status
BRAND NEW 2026 DUPLEXES. GATED COMMUNITY. SPECIAL OFFER: ~3.75 %+ Interest Rate for Qualified Buyers. Live on one side and rent the other, removing the majority of your mortgage payment while building equity in an Airbnb friendly community! Two units per building. Each unit has 1,505 sq ft, 3 bedrooms and 2.5 baths, making this a great investment / house hacking opportunity. When ready, you can move out and rent both sides for cash flow. A property management company can manage your tenant(s) for 7.5% of rents. Monthly rent of $1,775 per side is suggested but not guaranteed. 1-2-10 warranty included. *Montgomery Village* is an upscale gated duplex community with a private park and a community-wide front irrigation system. Included in the HOA fee is front lawn mowing. Never worry about your neighbors failing to maintain their front yards again! Each duplex includes an oversized 1.5 car garage with automatic garage door opener, premium vinyl plank floors, stainless steel appliances and much more. Montgomery Village is located just off 90 West one exit outside of 1604, making it a great place to find renters who don't want to travel an extra 30 minutes to the outer suburbs through gridlock traffic just to get home every day. The area is currently a hot spot for growth, driven to a large extent by the number of major employers within a twenty-minute drive including Joint Base Lackland, USAA, Citibank, American Funds, Valero, UTSA, Six Flags, Marathon Petroleum, Microsoft, and a concentration of large employers nearby Highway 151.

12349 Montgomery Forest, San Antonio

$330,000
1927470 MLS ACTIVE Status
Prime Mixed-Use Property Positioned in a highly sought-after corridor, this 3.4-acre property offers exceptional versatility and immediate functionality. Currently utilized as a truck yard with on-site sleeping quarters for drivers, the property is perfectly suited for trucking operations, oilfield services, logistics companies, truck repair, workforce housing, and a wide range of industrial uses. Or as an Investment Property. Property Features * 3.4 Acres of Usable Land. Ample space for fleet parking, equipment storage, or future expansion. * Building #1 - Fully Functional Living & Office Space * 5 bedrooms, 2 bathrooms, Kitchen, Laundry room, Office area Ideal for onsite management, crew housing, or administrative operations. * Building #2 - Additional Workforce Quarters (double wide) * 5 bedrooms, Full Kitchen, Laundry, Living Area, 2 Bathrooms * Great for employee lodging or customizable workspace. * Building #3 -- Additional Workforce Quarters (double wide) * 6 bedrooms, 2 living areas * Great for employee lodging or customizable workspace. * Building #4 -Restroom & Shower Facility * 5 restrooms with shower stalls, toilets, and laundry Perfect for large crews, shift workers, or high-capacity operations. Additional Improvements * Newer palapa-excellent for outdoor grilling, crew gatherings, or recreational downtime * Plenty of parking for trucks, trailers, and equipment * Water well for reliable water access * Three septic systems to support multiple buildings * Large outdoor shed for storage and tools This property combines location, functionality, and growth potential, making it a rare opportunity for businesses looking to expand or establish operations in a rapidly developing area, or for investment leasing purposes.

298 Sh-239, Kenedy

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