227 S Grimes St San Antonio, TX 78203
Arena District NeighborhoodEstimated payment $6,305/month
Highlights
- Double Pane Windows
- Fenced
- Carpet
About This Home
Fully Leased 4-Plex - Prime Turnkey Investment Near Downtown San Antonio An exceptional opportunity awaits with this fully occupied and newly constructed four-unit property, perfectly positioned just 2.2 miles from San Antonio River Walk. Whether you're seeking immediate cash flow or a strategic addition to your rental portfolio, this turnkey asset delivers on all fronts. Each unit offers 1,089 square feet of modern living space, complete with 3 bedrooms and 2.5 baths. Designed with functionality and style in mind, interiors feature open layouts, contemporary kitchens, light wood-style flooring, and updated bathrooms-ideal for low-maintenance ownership. Each residence includes its own private driveway and covered carport, providing added convenience for tenants or future short-term guests. The property is just one block from St. Philip's College and minutes from the Alamo Dome, Frost Bank Center, Freeman Coliseum, AT&T Center, Fort Sam Houston, and major highways like I-35 and I-10. Downtown, the River Walk, and The Alamo are also just a short drive away. Whether you're interested in long-term rentals or exploring Airbnb income potential, this fully leased 4-plex combines strong location, modern construction, and immediate revenue in one of San Antonio's most accessible and developing neighborhoods.
Listing Agent
Guy Rubio
David A Ortiz Listed on: 08/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,081
Year Built
- Built in 2024
Lot Details
- 6,242 Sq Ft Lot
- Fenced
Home Design
- Slab Foundation
- Composition Roof
Interior Spaces
- 4,356 Sq Ft Home
- 2-Story Property
- Double Pane Windows
Flooring
- Carpet
- Vinyl
Schools
- Smith Elementary School
- Poe Middle School
- Highlands School
Community Details
- Built by A & I HOMES
- E Houston So To Hedgessa Subdivision
Listing and Financial Details
- Legal Lot and Block 14 / 27
- Assessor Parcel Number 014620270140
- Seller Concessions Not Offered
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/20/2025 08/20/25 | For Sale | $896,000 | -- | $206 / Sq Ft |
Source: San Antonio Board of REALTORS®
MLS Number: 1894289

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