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San Antonio Fourplex in Monte Vista

124 W MISTLETOE AVE San Antonio, TX 78212

Claim this Listing
For Sale
$650,000

MULTI_FAMILY - San Antonio, TX

Property size:
4,679 SF
Lot size:
0.21 Acres
Price / SF:
$138.92/SF
Added:
Mar 4, 2026
Days on Market:
131
Last Refresh:
Jul 13 at 5:06 pm

Property Features for 124 W MISTLETOE AVE

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Size
4,679 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Annual Amount
16349

Building Details

Year built
1923

Listing agent Melissa Stagers

Listing office M. Stagers Realty Partners 5711 Northwest Parkway Ste 101, San Antonio, TX

Listing date Mar 4, 2026

MLS# 1936615 Listing URL

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 fourplex presents an opportunity in the Monte Vista area. Recent updates within the last 10 years include paint, roof, and fencing. The property has been well maintained and features wood floors in most units. A large parking pad and carport are located in the back, along with a separate laundry facility. Two units include private patios, and the largest unit has a loft. The property is situated near a convenient bike path to downtown. The lot size is 0.214 acres, and the property size is 4679 square feet.

Key Highlights

  • Desirable Monte Vista location.
  • Four‑unit property (4‑plex) offering investment or owner‑occupancy potential.
  • Recent updates to roof, paint, and fencing within the last 10 years.

Local 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 $81.4k $17.40
− Vacancy −$4.5k −$0.96
EGI $76.9k $16.44
− OpEx −$23.1k −$4.93
NOI $53.9k $11.51
4,679 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$769.4K
$673.2K – $897.6K (±1% cap)
NOI $53,856 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$682.8K
$597.4K – $796.6K (±1% cap)
NOI $47,795 @ 7.0% cap · market cap 7.35%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,547 @ 7.0% cap · market cap 12.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

HVAC Service Electrical Service Locksmith (Bike/Boat/Book/etc) Store Plumbing Service Veterinary Clinic Pet Grooming Service Home Appliance Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Well-maintained fourplex in Monte Vista with recent updates and amenities.
Where is this quadplex located?
The property is located at 124 W MISTLETOE AVE San Antonio, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Desirable Monte Vista location.; Four‑unit property (4‑plex) offering investment or owner‑occupancy potential.; Recent updates to roof, paint, and fencing within the last 10 years.
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