$248,400
$42K PRICE DROP

Estimated payment $1,670/month

Total Views 8,171
-- Bed
-- Bath
2,516 Sq Ft
$99 Price per Sq Ft

Highlights

  • Mature Trees
  • Wood Flooring
  • 1-Story Property
  • Property is near public transit
  • Wheelchair Adaptable
  • Level Lot

About This Home

Uncover an exceptional investment opportunity in this unique multi-unit property, perfect for maximizing rental income. Featuring an existing tenant-occupied ADU, this property delivers immediate cash flow with enormous future potential. Properties like this rarely come to market, especially one designed to offer four separate rental incomes. The main house is ready to be renovated into three individual units, each with immense earning potential. Imagine transforming Units 1 and 2 into one-bedroom, one-bathroom apartments, while the back unit becomes a spacious two-bedroom, one-bathroom rental. With the ADU already a fully functional two-bedroom, one-bathroom unit housing a long-term tenant, you'll start generating revenue from day one. Each unit is equipped with a separate city electricity meter, making management simple and efficient. This property is sold "as-is," giving you the freedom to shape each unit to suit your investment strategy. With renovations already started, you're set to take over and quickly finish the renovations to turn this property into a lucrative, high-yield investment. Don't miss out on this fantastic investment in a property with boundless income potential.

Listing Agent

Rayenari Suarez

K&E Realty Listed on: 11/14/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,792

Year Built

  • Built in 1942

Lot Details

  • 9,801 Sq Ft Lot
  • Chain Link Fence
  • Level Lot
  • Mature Trees

Parking

  • Driveway Level

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,516 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Schools

  • Ball Elementary School
  • Highlands School

Additional Features

  • Wheelchair Adaptable
  • Property is near public transit

Community Details

  • Hotwells Subdivision

Listing and Financial Details

  • Legal Lot and Block 42 / 3
  • Assessor Parcel Number 076280030420
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,792

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Year Built: 1942
  • Property Sub Type: _1STRY
  • Prop. Type: MF
  • Lot Size Acres: 0.225
  • Subdivision Name: Hotwells
  • Directions: From 281 South turn right on S New Braunfels Ave. Turn right again on Avondale Ave. The property will be on the corner of Avondale Ave and Russi St.
  • SAB_Exterior_RR: SDING
  • Flooring_RR: WOOD
  • FoundationDetails_RR: SLAB
  • SAB_HeatingFuel_RR: OTHER
  • SAB_Construction_RR: PRE_OWNED
  • SAB_HoaMandatory: NONE
  • SAB_Water_sewer_CM: WTRSY, SWRSY
  • SAB_Construction_RINC: PRE_OWNED
  • SAB_Exterior_RINC: SDING
  • Flooring_RINC: WOOD
  • FoundationDetails_RINC: SLAB
  • SAB_HeatingFuel_RINC: OTHER
  • Roof_RINC: COMP
  • SAB_Exterior_RLSE: SDING
  • Flooring_RLSE: WOOD
  • FoundationDetails_RLSE: SLAB
  • SAB_Water_sewer_RLSE: WTRSY, SWRSY
  • SAB_Construction_RLSE: PRE_OWNED
  • SAB_Exterior_CO: SDING
  • SAB_HeatingFuel_CO: OTHER
  • SAB_Construction_CO: PRE_OWNED
  • SAB_Exterior_FR: SDING
  • SAB_Water_sewer_FR: WTRSY, SWRSY
  • SAB_Exterior_RESI: SDING
  • FoundationDetails_RESI: SLAB
  • SAB_HeatingFuel_RESI: OTHER
  • SAB_Water_sewer_RESI: WTRSY, SWRSY
  • SAB_Construction_RESI: PRE_OWNED
  • SAB_Exterior_RE: SDING
  • FoundationDetails_RE: SLAB
  • SAB_HeatingFuel_RE: OTHER
  • SAB_Water_sewer_RE: WTRSY, SWRSY
  • SAB_Construction_RE: PRE_OWNED
  • SAB_Exterior_FARM: SDING
  • SAB_Water_sewer_FARM: WTRSY, SWRSY
  • SAB_Construction_MF: PRE_OWNED
  • SAB_Exterior_MF: SDING
  • Flooring_MF: WOOD
  • FoundationDetails_MF: SLAB
  • SAB_HeatingFuel_MF: OTHER
  • Roof_MF: COMP
  • Special Features: VirtualTour

Interior Features

  • Living Area: 2516.0

Exterior Features

  • Builder Name: UNKNOWN
  • AccessibilityFeatures_RR: NEAR, LVLOT, LVDRV, WHLAD
  • ExteriorFeatures_RR: CHLNK, TREES
  • AccessibilityFeatures_CM: NEAR, LVLOT, LVDRV, WHLAD
  • AccessibilityFeatures_RINC: NEAR, LVLOT, LVDRV, WHLAD
  • ExteriorFeatures_RINC: TREES, MATURETREES, LEVEL
  • AccessibilityFeatures_RLSE: NEAR, LVLOT, LVDRV, WHLAD
  • ExteriorFeatures_RLSE: CHLNK, TREES
  • AccessibilityFeatures_CO: NEAR, LVLOT, LVDRV, WHLAD
  • AccessibilityFeatures_FR: NEAR, LVLOT, LVDRV, WHLAD
  • AccessibilityFeatures_COMS: NEAR, LVLOT, LVDRV, WHLAD
  • AccessibilityFeatures_RESI: NEAR, LVLOT, LVDRV, WHLAD
  • ExteriorFeatures_RESI: CHLNK, TREES
  • ExteriorFeatures_RE: CHLNK, TREES
  • AccessibilityFeatures_COML: NEAR, LVLOT, LVDRV, WHLAD
  • AccessibilityFeatures_FARM: NEAR, LVLOT, LVDRV, WHLAD
  • AccessibilityFeatures_MF: NEAR, LVLOT, LVDRV, WHLAD
  • ExteriorFeatures_MF: TREES, MATURETREES, LEVEL

Garage/Parking

  • UnitType1GarageSpaces: 2
  • UnitType2GarageSpaces: 2
  • UnitType3GarageSpaces: 2
  • UnitType4GarageSpaces: 2

Utilities

  • Heating_RINC: NONE
  • Heating_MF: NONE

Schools

  • Elementary School: BALL
  • High School: HIGHLANDS

Lot Info

  • Zoning: MF33
  • Parcel #: 076280030420

Multi Family

  • Property Net Operating Income: 40400.0
  • Annual Operating Expense: 7000.0
  • Vacancy Allowance Rate: 85.0

Tax Info

  • Tax Annual Amount: 3792.0
  • Tax Block: 3
  • Tax Lot: 42
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $248,400 -0.2% $99 / Sq Ft
07/24/2025 07/24/25 Price Changed $248,900 0.0% $99 / Sq Ft
07/24/2025 07/24/25 For Sale $248,900 0.0% $99 / Sq Ft
07/08/2025 07/08/25 Off Market -- -- --
06/18/2025 06/18/25 Price Changed $249,000 -3.1% $99 / Sq Ft
05/26/2025 05/26/25 Price Changed $257,000 -0.4% $102 / Sq Ft
05/01/2025 05/01/25 Price Changed $258,000 -0.4% $103 / Sq Ft
04/21/2025 04/21/25 Price Changed $259,000 -2.3% $103 / Sq Ft
04/05/2025 04/05/25 Price Changed $265,000 -3.6% $105 / Sq Ft
04/03/2025 04/03/25 For Sale $275,000 0.0% $109 / Sq Ft
04/01/2025 04/01/25 Off Market -- -- --
01/30/2025 01/30/25 Price Changed $275,000 -3.5% $109 / Sq Ft
01/08/2025 01/08/25 Price Changed $285,000 -1.7% $113 / Sq Ft
11/14/2024 11/14/24 For Sale $290,000 0.0% $115 / Sq Ft
11/03/2017 11/03/17 For Rent $650 0.0% --
11/03/2017 11/03/17 Rented $650 +5316.7% --
07/19/2016 07/19/16 For Rent $12 -98.2% --
07/19/2016 07/19/16 Rented $650 +9.2% --
03/31/2015 03/31/15 Rented $595 0.0% --
03/01/2015 03/01/15 Under Contract -- -- --
01/31/2015 01/31/15 For Rent $595 -- --
Source: San Antonio Board of REALTORS®

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Source: San Antonio Board of REALTORS®

MLS Number: 1823327

San Antonio Board of REALTORS®

APN: 07628-003-0420