About This Home

This 0-bedroom, 0-bathroom residential multi family at 3221 N Flores in San Antonio, TX is listed for $895,000 ($222 per sqft). Built in 1926, the home offers 4,039 sqft of living space on a 0.29 acres lot.

Key Features

  • Built in 1926
  • 0.29 acre lot

Property Details

1926
Listing 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.

Monthly Cost Estimate

$4,787/mo

20% down · 6.5% · 30 years

Principal$647
Interest$3,878
Insurance$261

Estimates only. Actual payments may vary.

Location

3221 N Flores

San Antonio, TX 78212

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 3221 N Flores is listed at $895,000 ($222/sqft). The estimated monthly payment is $4,787 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1926, 0.29 acre lot.

This property is listed by Joel Leos and can be reached at (210) 493-3030.

JL

Joel Leos

Agent at Keller Williams Heritage

(210) 493-3030
Agent website

Listed by Keller Williams Heritage · Broker phone: (210) 493-3030 · View on Broker Site · Broker website

MLS# 1939828· Source: LERA MLS· 203 days on PropertySimple

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.

3221 N Flores, San Antonio, TX 78212

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