3221 N Flores, San Antonio, TX 78212
Local realty services provided by:ERA Experts
3221 N Flores,San Antonio, TX 78212
$950,000
- - Beds
- - Baths
- 4,039 sq. ft.
- Multi-family
- Active
Listed by: joel leos
Office: keller williams heritage
MLS#:1939828
Source:LERA
Price summary
- Price:$950,000
- Price per sq. ft.:$235.21
About this home
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....
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Home facts
- Year built:1926
- Listing ID #:1939828
- Added:137 day(s) ago
- Updated:June 24, 2026 at 01:33 PM
Rooms and interior
- Flooring:Wood
- Living area:4,039 sq. ft.
Heating and cooling
- Cooling:3+ Window/Wall
- Heating:Electric
Structure and exterior
- Roof:Composition, Metal
- Year built:1926
- Building area:4,039 sq. ft.
- Lot area:0.29 Acres
- Construction Materials:Siding
- Exterior Features:Cable TV Available, Common Utility Room, In-Ground Pool, Solar Screens
Schools
- High school:Call District
- Middle school:Call District
- Elementary school:Call District
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$235.21
- Tax amount:$15,474
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