# 321 E MELROSE DR, Olmos Park, TX 78212

> **TL;DR:** residential multi family, $640,000 ($208/sqft), built 1937, 3,072 sqft. Est. $3,423/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $640,000 |
| Price/sqft | $208 |
| Square Feet | 3,072 |
| Year Built | 1937 |
| Lot Size | 8,843 sqft (0.20 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,236 |
| Estimated Insurance | $187 |
| **Total** | **$3,423** |

## Nearby Schools

- **Elementary:** Cambridge
- **Middle:** Alamo Heights
- **High:** Alamo Heights

## Property Highlights

- Built in 1937
- 0.20 acre lot

## Description

### Agent Description
Fully occupied fourplex in an established Olmos Park setting, featuring quality Thorman construction and a hand-cut limestone exterior. The 3,072-square-foot property offers four light-filled units with hardwood floors and generous closet storage. Unit A, previously owner-occupied, features an updated kitchen with marble countertops, farmhouse sink, and new appliances, plus an efficient mini-split system. 2025 improvements include a new concrete driveway, covered carport, and covered rear patio. Each unit has one covered parking space. Electricity is separately metered, and tenants pay their own electric service. Convenient access to Downtown, The Pearl, Fort Sam Houston, Trinity University, and The Quarry. Located in Alamo Heights ISD. A perfect investment opportunity for an owner occupant, seasoned investor, or 1031 exchange.

## Location

- **Address:** 321 E MELROSE DR, Olmos Park, TX 78212
- **County:** Bexar
- **Coordinates:** 29.469311, -98.488067
- **Google Maps:** https://www.google.com/maps?q=29.469311,-98.488067

## Listing Agent

- **Name:** Chad Nall
- **Brokerage:** Suburban Spaces
- **Broker Phone:** (210) 263-9323
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/321-E-Melrose-Dr_San-Antonio_TX_78212_M78309-76352?f=listhub&s=SABORTX&m=2022766&c=propsimple)

## Photos

![321 E MELROSE DR - Photo 1](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f1886127583r.jpg)

![321 E MELROSE DR - Photo 2](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f601569752r.jpg)

![321 E MELROSE DR - Photo 3](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f1106075088r.jpg)

![321 E MELROSE DR - Photo 4](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f2538918573r.jpg)

![321 E MELROSE DR - Photo 5](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f177700079r.jpg)

![321 E MELROSE DR - Photo 6](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f774508057r.jpg)

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![321 E MELROSE DR - Photo 9](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f1875457700r.jpg)

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![321 E MELROSE DR - Photo 33](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f2485334275r.jpg)

![321 E MELROSE DR - Photo 34](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f1556172989r.jpg)

![321 E MELROSE DR - Photo 35](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f4154285457r.jpg)

![321 E MELROSE DR - Photo 36](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f2835438095r.jpg)

![321 E MELROSE DR - Photo 37](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f3655191217r.jpg)

![321 E MELROSE DR - Photo 38](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f1336190874r.jpg)

![321 E MELROSE DR - Photo 39](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f3200205407r.jpg)

![321 E MELROSE DR - Photo 40](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f2867428496r.jpg)

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![321 E MELROSE DR - Photo 42](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f2322571473r.jpg)

![321 E MELROSE DR - Photo 43](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f2511201722r.jpg)

![321 E MELROSE DR - Photo 44](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f3811395486r.jpg)

![321 E MELROSE DR - Photo 45](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f1080681376r.jpg)

![321 E MELROSE DR - Photo 46](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f3797958200r.jpg)

![321 E MELROSE DR - Photo 47](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f262153035r.jpg)

![321 E MELROSE DR - Photo 48](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f1074832588r.jpg)

![321 E MELROSE DR - Photo 49](http://lh.rdcpix.com/e809ba32db9f1cb97924aa47eb3bacc1l-f1007331120r.jpg)

---

**MLS#:** 2022766 | **Updated:** 2026-11-01
**Source:** listhub

*Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/321-e-melrose-dr-olmos-park-tx-78212-026a68691702459ba6e02a71a01efbc4)

---

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