San Antonio Fourplex Near
For Sale
$575,000
215 Blanco, San Antonio, TX 78212
MULTI_FAMILY - San Antonio, TX
Property Size3,213 SF
Lot Size0.17 Acres
Price / SF$178.96
Days on Market159
Property Features for 215 Blanco
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C-3NA
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
3,213 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
8145
Utilities
Cooling system
Central Air
Building Details
Year built
1920
Listing Agency:
Keller Williams City-View · Keller Williams Realty
(210) 696-9996
Listed By:
Danny Charbel · License #582344
(210) 696-9996
Added: Feb 23
Changed: Apr 15
Last Checked: Aug 1 at 11:06PM
MLS# 1888438
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 property is located minutes from downtown San Antonio. The property features central HVAC and ample parking. Zoned C-3NA, it has the potential to be converted into a small four-suite hotel. The layout includes two units downstairs and two units upstairs. There is covered parking in the back with storage. The property is located minutes from San Pedro Springs Park and approximately two miles from downtown. The lot size is 0.17 acres and the property size is 3213 square feet.
Key Highlights
- Potential to convert to a 4‑suite hotel due to zoning.
- Prime location:** Minutes from downtown San Antonio and San Pedro Springs Park.
- 4‑Plex property offering house‑hacking opportunity (live in one unit, rent out three).
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 | $55.9k | $17.40 |
| − Vacancy | −$3.1k | −$0.96 |
| EGI | $52.8k | $16.44 |
| − OpEx | −$15.8k | −$4.93 |
| NOI | $37.0k | $11.51 |
3,213 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$528.3K
$462.3K – $616.4K
NOI $36,982 @ 7.0% cap · market cap 6.43%
Second Best
Apartment 5plus
$468.9K
$410.3K – $547.0K
NOI $32,820 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$819.6K
$717.1K – $956.2K
NOI $57,371 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,110
Businesses Nearby
Explore this area
Business Placement
Demographics for 78212, TX
26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
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 - Four-unit property near downtown San Antonio with hotel conversion potential.
Where is this quadplex located?
The property is located at 215 Blanco San Antonio, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Potential to convert to a 4‑suite hotel due to zoning.; Prime location:** Minutes from downtown San Antonio and San Pedro Springs Park.; 4‑Plex property offering **house‑hacking opportunity** (live in one unit, rent out three).
