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    San Antonio Multifamily Income Property Title is generated by Realmo AI

    519 Hammond Ave., San Antonio, TX 78210

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    For Sale
    $375,000

    MULTI_FAMILY - San Antonio, TX

    Property size:
    3,052 SF
    Price / SF:
    $122/SF
    Added:
    Jan 17, 2026
    Days on Market:
    151
    Last Refresh:
    Jun 17 at 9:06 am

    Property Features for 519 Hammond Ave.

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    MULTIFAMILY
    Standard status
    Active
    Size
    3,052 SF

    Taxes and HOA fees

    Tax Annual Amount
    7376

    Building Details

    Year built
    1940

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    Listing Contact
    Phyllis Trolinger
    Phyllis Trolinger

    Listing agent Phyllis Trolinger License #445783

    Listing office RE/MAX Preferred, REALTORS 2526 N. Loop 1604 W Suite 210, San Antonio, TX

    Listing date Jan 17, 2026

    MLS# 1889310 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.

    HighLights

    • Income‑producing property.
    • Six 1‑bedroom, 1‑bath units.
    • Units recently updated with contemporary design.
    • Convenient location close to shopping and downtown.
    • Potential for increased income with full occupancy.
    • Built in 1940.

    Overview

    This income-producing multifamily property is located in San Antonio, Texas. The property features six units, each with one bedroom and one bathroom. All units have been recently updated with contemporary designs and practical functionality. The property is conveniently located close to shopping, schools, and downtown. The property size is 3,052 square feet. The zoning is multifamily. With only four units occupied this year, the income is $29,511, reflecting the potential income if fully occupied.

    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 $60.4k $19.80
    − Vacancy −$3.7k −$1.23
    EGI $56.7k $18.57
    − OpEx −$25.5k −$8.36
    NOI $31.2k $10.21
    3,052 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $445.4K
    $389.7K – $519.6K (±1% cap)
    NOI $31,176 @ 7.0% cap · market cap 8.31%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $778.5K
    $681.2K – $908.3K (±1% cap)
    NOI $54,496 @ 7.0% cap · market cap 14.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.464597
    Latitude
    29.399799

    FAQs

    What type of property is this?
    Apartment building - Income-producing multifamily property with six updated units near downtown San Antonio.
    Where is this apartment building located?
    The property is located at 519 Hammond Ave. San Antonio, TX.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Income‑producing property.; Six 1‑bedroom, 1‑bath units.; Units recently updated with contemporary design.
    More about this property
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