12-Unit Corner Multifamily
127 W MAGNOLIA AVE San Antonio, TX 78212
127 W MAGNOLIA AVE, San Antonio, TX, 78212
$1,380,000
For Sale
$1,380,000
MULTI_FAMILY - San Antonio, TX
Property Size11,258 SF
Lot Size0.42 Acres
Price / SF$122.58
Days on Market99
Property Features for 127 W MAGNOLIA AVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MF33
- Standard status
- Active
- Size
- 11,258 SF
- Lot size
- 0.42 Acres
Taxes and HOA fees
- Tax Annual Amount
- 35690
Building Details
- Year built
- 1927
Listing agency
GIC Properties
(210) 821-1122
Listed by
Robert Libby
(210) 821-1122
Added: Apr 16 Checked: Jul 23 at 8:06AM
MLS# 1958681
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 historic multifamily property offers 12 apartments, with each unit featuring two bedrooms and one bathroom. The building is described as having intact original design details and craftsmanship, reflecting its architectural character.
The property is prominently situated on a corner lot in the Monte Vista Historic District in San Antonio, Texas. It is offered for sale and is presented as having long-term tenants and consistent occupancy.
The building totals approximately 11,258 square feet and sits on a lot of about 0.418 acres, providing a straightforward 12-unit configuration for a residential income buyer.
The property is prominently situated on a corner lot in the Monte Vista Historic District in San Antonio, Texas. It is offered for sale and is presented as having long-term tenants and consistent occupancy.
The building totals approximately 11,258 square feet and sits on a lot of about 0.418 acres, providing a straightforward 12-unit configuration for a residential income buyer.
Key Highlights
- 12‑unit multifamily property built in 1927
- All 12 apartments are 2‑bedroom, 1‑bath units
- Corner lot location in the Monte Vista Historic District
Local Financial Insights For Apartment 5plus
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 | $222.9k | $19.80 |
| − Vacancy | −$13.8k | −$1.23 |
| EGI | $209.1k | $18.57 |
| − OpEx | −$94.1k | −$8.36 |
| NOI | $115.0k | $10.21 |
11,258 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.64M
$1.44M – $1.92M
NOI $114,998 @ 7.0% cap · market cap 8.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.87M
$2.51M – $3.35M
NOI $201,021 @ 7.0% cap · market cap 14.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Historic 12-unit multifamily property on a corner lot, with each unit offering two bedrooms and one bath.
Where is this apartment building located?
The property is located at 127 W MAGNOLIA AVE San Antonio, TX.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: 12‑unit multifamily property built in 1927; All 12 apartments are 2‑bedroom, 1‑bath units; Corner lot location in the Monte Vista Historic District
