Four-Unit Multifamily
New
For Sale
$349,500
1524 W Woodlawn, San Antonio, TX 78201
MULTI_FAMILY - San Antonio, TX
Property Size2,811 SF
Lot Size0.23 Acres
Price / SF$124.33
Days on Market2
Property Features for 1524 W Woodlawn
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MF-33
Elementary school
Beacon Hill
Middle school
Mark Twain
High school
Jefferson
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
0800
Special listing conditions
In Foreclosure
Standard status
Active
Size
2,811 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
6223
Building Details
Year built
1950
Listing Agency:
Excel Realty Group,LLC
(210) 636-7000
Listed By:
David Morris · License #500588
(210) 775-2104
Added: Aug 5
Last Checked: Aug 6 at 3:06AM
MLS# 1971325
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 multifamily property contains 2,811 square feet on a 0.231-acre parcel. Constructed in 1950, the property is located in San Antonio’s Woodlawn Lake Area and carries MF-33 zoning. Unit 1 is vacant and available for self-showing, while access to the remaining units is provided upon contract execution.
Key Highlights
- Four‑unit multifamily property
- 2,811 square feet of property area
- 0.231‑acre parcel
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 | $55.7k | $19.80 |
| − Vacancy | −$3.5k | −$1.23 |
| EGI | $52.2k | $18.57 |
| − OpEx | −$23.5k | −$8.36 |
| NOI | $28.7k | $10.21 |
2,811 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$462.2K
$404.4K – $539.3K
NOI $32,355 @ 7.0% cap · market cap 9.26%
Second Best
Apartment 5plus
$410.2K
$358.9K – $478.6K
NOI $28,714 @ 7.0% cap · market cap 8.22%
Theoretical Best
Office A
$717.0K
$627.4K – $836.6K
NOI $50,193 @ 7.0% cap · market cap 14.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - MF-33 zoning and a vacant unit provide a clear starting point for property review.
Where is this quadplex located?
The property is located at 1524 W Woodlawn San Antonio, TX.
What is the asking price?
The asking price for this property is $349,500.
What are key features of this property?
This property features: Four‑unit multifamily property; 2,811 square feet of property area; 0.231‑acre parcel
