Four-Unit Corner Rental
1040 Clower San Antonio, TX 78201
For Sale
$567,000
MULTI_FAMILY - San Antonio, TX
Property Size2,480 SF
Lot Size0.29 Acres
Price / SF$228.63
Days on Market104
Property Features for 1040 Clower
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-4
- Standard status
- Active
- Size
- 2,480 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7177
Building Details
- Year built
- 1981
Listing Agency:
Premier Realty Group Platinum
(210) 641-1400
Listed By:
Debra Rangel-Munoz
(210) 641-1400
Added: Apr 15
Changed: Jul 24
Last Checked: Jul 27 at 3:06AM
MLS# 1921419
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.
Investment Insights
Based on property information with market context.
This four-unit rental property is offered for sale with a legal address of 1040 Clower, San Antonio, TX. The layout consists of two units facing Clower and two units facing Michigan. The units have been undated and are ready to go.
The property is situated on a large corner lot at the Clower and Michigan intersection. Zoning is listed as R-4.
With four separate rental units on one site, the property offers a straightforward multi-unit setup for income-oriented ownership.
The property is situated on a large corner lot at the Clower and Michigan intersection. Zoning is listed as R-4.
With four separate rental units on one site, the property offers a straightforward multi-unit setup for income-oriented ownership.
Key Highlights
- Four Rental Units: Provides immediate income.
- Large Corner Lot: Offers ample space and potential development opportunities.
- Updated Units: Minimizes immediate renovation costs and attracts tenants.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.2k | $17.40 |
| − Vacancy | −$2.4k | −$0.96 |
| EGI | $40.8k | $16.44 |
| − OpEx | −$12.2k | −$4.93 |
| NOI | $28.5k | $11.51 |
2,480 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$407.8K
$356.8K – $475.8K
NOI $28,545 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$361.9K
$316.7K – $422.2K
NOI $25,333 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$632.6K
$553.5K – $738.0K
NOI $44,282 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four rental units are set on a large corner lot with two units facing Clower and two facing Michigan.
Where is this quadplex located?
The property is located at 1040 Clower San Antonio, TX.
What is the asking price?
The asking price for this property is $567,000.
What are key features of this property?
This property features: Four Rental Units: Provides immediate income.; Large Corner Lot: Offers ample space and potential development opportunities.; Updated Units: Minimizes immediate renovation costs and attracts tenants.
