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317 Toledo, San Antonio, TX, 78203
Denver Heights New Fourplex

317 Toledo San Antonio, TX 78203

For Sale
$970,000

MULTI_FAMILY - San Antonio, TX

Property Size3,556 SF
Lot Size0.15 Acres
Price / SF$272.78
Days on Market82

Property Features for 317 Toledo

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RM-4
Standard status
Active
Size
3,556 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Annual Amount
12153

Building Details

Year built
2022
Listing Agency: Keller Williams Legacy
Listed By: Guillermo Moya
Added: May 3 Last Checked: Jul 23 at 11:06PM
MLS# 1943254

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 new fourplex is located in the Denver Heights neighborhood, minutes from downtown San Antonio. The property contains four units, each featuring a modern, open-concept floor plan designed to maximize natural light and livable space. Contemporary architectural details include clean lines, large windows, sleek finishes, and durable, low-maintenance materials. Interior features include kitchens with quartz countertops, stainless steel appliances, designer cabinetry, and plank flooring. Each unit includes two bedrooms, two and a half bathrooms, in-unit laundry, and separate climate control. The property is located near dining, transit, and downtown amenities. Situated on a 0.146-acre lot, the property offers 3,556 square feet of living space. The zoning is RM-4. This property blends urban aesthetics with rental income potential in one of San Antonio’s fastest-growing neighborhoods and is suitable for investors or live-work scenarios.

Key Highlights

  • Brand‑new fourplex in the heart of Denver Heights, near downtown San Antonio.
  • Strong rental income potential in a rapidly growing neighborhood.
  • Four modern, open‑concept units with 2 bedrooms and 2.5 bathrooms each.

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 $61.9k $17.40
− Vacancy −$3.4k −$0.96
EGI $58.5k $16.44
− OpEx −$17.5k −$4.93
NOI $40.9k $11.51
3,556 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$584.7K
$511.6K – $682.2K (±1% cap)
NOI $40,930 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$518.9K
$454.1K – $605.4K (±1% cap)
NOI $36,324 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$907.1K
$793.7K – $1.06M (±1% cap)
NOI $63,495 @ 7.0% cap · market cap 6.55%
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

Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Restaurant Auto Parts Store Law Firm Spa & Massage Center Skin Care Clinic Gym & Fitness Center

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

FAQs

What type of property is this?
Quadplex - New four-unit property in San Antonio's Denver Heights neighborhood.
Where is this quadplex located?
The property is located at 317 Toledo San Antonio, TX.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: Brand‑new fourplex in the heart of Denver Heights, near downtown San Antonio.; Strong rental income potential in a rapidly growing neighborhood.; Four modern, open‑concept units with **2 bedrooms and 2.5 bathrooms each.**
More about this property
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