$895,000
( $221.58Per Sq Foot )
 $4,805 est/mo Sourced by Back At You

3221 N Flores,San Antonio, TX 78212

San Antonio, TX 78212

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Description

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.

Details

MLS #1941710
Listing TypeFor Sale
StyleApartments
StatusActive
Year1926
Days On Site215
Listing Provided ByKeller Williams Heritage | Joel Leos

Features

SQ Feet4,039
ZoningR-6 CD NCD-2
Acreage0.29

Exterior

RoofComposition, Metal

Parking

Number Total Parking5

Utilities

UtilitiesElectricity, Water, Telephone, Sewer, Cable TV

Taxes

Tax Property Id018000080080
Total Tax9393

Area Information

StateTX
CountyBexar
CitySan Antonio
Zip Code78212
AreaBexar
School DistrictSan Antonio I.S.D.
Listing VS Median (in 78212)
Price:
$895,000
low | high
Med:
$180,000
100% of Average
sqft:
4,039
low | high
Med:
1,590
100% of Average
$ / sqft:
$222
low | high
Med:
$113
98.911141562138% of Average
On site:
215
low | high
Med:
1305
16.475095785441% of Average
Sourced by Back At You

Market Activity 78212

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Learn More About This Property

StateTX
CountyBexar
CitySan Antonio
Zip Code78212
AreaBexar
School DistrictSan Antonio I.S.D.
Listing VS Median (in 78212)
Price:
$895,000
low | high
Med:
$180,000
100% of Average
sqft:
4,039
low | high
Med:
1,590
100% of Average
$ / sqft:
$222
low | high
Med:
$113
98.911141562138% of Average
On site:
215
low | high
Med:
1305
16.475095785441% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $671K - $1.118M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
343 W GRAMERCY PL Property Photo 1
$690,000
343 W Gramercy Pl
San Antonio, TX 78212
932 W Woodlawn Ave Property Photo 1
$849,000
932 W Woodlawn Ave
San Antonio, TX 78201
Listing Updated: September 18, 2026 at 6:38:06 PM PDT
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