R-4 Zoned Quadplex on Corner
For Sale
$567,000
1040 Clower, San Antonio, TX 78201
Multi-Family (2-8 Units), San Antonio, TX
Property Size2,480 SF
Lot Size0.29 Acres
Price / SF$228.63
Days on Market197
Property Features for 1040 Clower
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4
Elementary school
Beacon Hill
Middle school
Mark Twain
High school
Edison
Elementary school district
San Antonio I.S.D.
Middle school district
San Antonio I.S.D.
High school district
San Antonio I.S.D.
Subdivision
0900
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
Listed By:
Debra Rangel-Munoz
(210) 641-1400
Added: Apr 15
Changed: Aug 19
Last Checked: Oct 28 at 4:06PM
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.
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Investment Insights
Based on property information with market context.
This quadplex contains four rental units within 2,480 square feet on a 0.289-acre parcel. Constructed in 1981, the property carries R-4 zoning and uses 1040 Clower, San Antonio, TX 78201 as the legal address for all units.
The building occupies a corner location at Clower and Michigan. Two units face Clower, while the other two face Michigan, creating a straightforward four-unit configuration across the intersecting street frontages.
The building occupies a corner location at Clower and Michigan. Two units face Clower, while the other two face Michigan, creating a straightforward four-unit configuration across the intersecting street frontages.
Key Highlights
- Four rental units in a quadplex configuration
- 2,480 square feet of property size
- 0.289‑acre corner lot at Clower and Michigan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,545
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,900
$570.9K
Cap Rate 7%
$407,786
$407.8K
Cap Rate 9%
$317,167
$317.2K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$43.2K $17.40/SF
− Vacancy
−$2.4K −$0.96/SF
EGI
$40.8K $16.44/SF
− OpEx
−$12.2K −$4.93/SF
NOI
$28.5K $11.51/SF
Area
San Antonio, TX
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,900
Cap Rate 7%
$407,786
Cap Rate 9%
$317,167
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 authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
747
Businesses Nearby
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Business Placement
Demographics for 78201, TX
42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four rental units are arranged with two 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 in a quadplex configuration; 2,480 square feet of property size; 0.289‑acre corner lot at Clower and Michigan
