Multifamily Property for Sale in San Antonio, TX

  • Price: $749K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: San Antonio, TX 78216
  • Size: 6,432 SF
  • Year built: 1982

Description

602 Chauncey is a 6-unit multifamily investment opportunity located in North Central San Antonio. Zoned MF-33 and built in 1982, the property consists of two buildings totaling approximately 6,432 SF, with Building 1 at approximately 4,200 SF and Building 2 at approximately 2,232 SF. The unit mix includes five 2-bedroom/2-bath units and one 1-bedroom/1-bath unit. The property benefits from long-term tenants, separate electric meters, a large shared tenant storage room, and an on-site utility/laundry room with several coin-operated washers and dryers. Landlord currently pays water, creating potential future upside through RUBS implementation at lease renewal. Reported 2025 NOI is $40,271.85 with additional upside potential through rent growth, utility reimbursement, laundry income, and operational improvements. This asset offers investors a stabilized multifamily property with value-add potential in an established San Antonio rental submarket. Marketing package available upon request. Please include Pre-Approval Letter and/or POF with every offer/LOI. If you require further assistance or have questions, please contact 210-942-7393.Tenants Occupied Units can be viewed during Feasibility/option period. Building SF: 6432 | Land Size: 0.3 Ac | Year Built: 1982 | Listing Type: FOR SALE

Market Context

This multifamily in San Antonio, TX is listed for sale at $749,000 across 6,432 SF. The building dates to 1982. It has been on the market for 39 days. Compare it against other multifamily listings for sale in San Antonio, TX — <a href="/search/sale/multifamily/texas/san-antonio">view the full market</a>.

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