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Remodeled Fourplex Income Property

1020 W FRENCH PL San Antonio, TX 78212

New
1020 W FRENCH PL, San Antonio, TX, 78212
$605,000
For Sale
Claim this Listing
$605,000

MULTI_FAMILY - San Antonio, TX

Property Size2,632 SF
Lot Size0.20 Acres
Price / SF$229.86
AddedJul 14
Days on Market3
Last RefreshJul 16 at 12:06 am

Property Features for 1020 W FRENCH PL

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Size
2,632 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Annual Amount
8917

Building Details

Year built
1957

Listing agent Matthew Ridings

Listing office PMI Birdy Properties, CRMC 18830 Stone Oak Pkwy, San Antonio, TX

Listing date Jul 14, 2026

MLS# 2000333 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.


Investment Insights

Based on property information with market context.

This fully remodeled fourplex offers four 1-bedroom, 1-bath units. Each unit is updated with modern kitchens and bathrooms, durable wood flooring in the living areas, carpet in the bedrooms, and energy-efficient mini-split HVAC systems. The units also include refrigerators and washer/dryer hookups. The building has been improved with a complete electrical upgrade to code, crawlspace ventilation improvements, new gutters, new rear doors on three units, and a newly constructed enclosure for the water softener. Additional exterior updates include fresh landscaping and an expanded rear parking area.

The property is located at 1020 W French Pl in San Antonio (78212), just north of Downtown San Antonio, with access to major employers and other area amenities. Utilities are set up with separately metered electricity and a central water meter.

With off-street parking and extensive renovations already completed, this fourplex presents a turnkey setup for an income-producing residential property.

Key Highlights

  • Fourplex built in 1957 with four 1‑bedroom, 1‑bath units
  • Fully remodeled interiors with updated kitchens and bathrooms, wood flooring in living areas, and carpet in bedrooms
  • Energy‑efficient mini‑split HVAC in each unit, plus refrigerators and washer/dryer hookups

Local 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 $45.8k $17.40
− Vacancy −$2.5k −$0.96
EGI $43.3k $16.44
− OpEx −$13.0k −$4.93
NOI $30.3k $11.51
2,632 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$432.8K
$378.7K – $504.9K (±1% cap)
NOI $30,295 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$384.1K
$336.1K – $448.1K (±1% cap)
NOI $26,885 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$671.4K
$587.5K – $783.3K (±1% cap)
NOI $46,996 @ 7.0% cap · market cap 7.77%
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

Dental Office (Bike/Boat/Book/etc) Store Acupuncture Pet Grooming Service Butcher HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Quadplex - Fully remodeled fourplex with four separately equipped 1-bedroom, 1-bath units and updated mechanical and electrical systems.
Where is this quadplex located?
The property is located at 1020 W FRENCH PL San Antonio, TX.
What is the asking price?
The asking price for this property is $605,000.
What are key features of this property?
This property features: Fourplex built in 1957 with four 1‑bedroom, 1‑bath units; Fully remodeled interiors with updated kitchens and bathrooms, wood flooring in living areas, and carpet in bedrooms; Energy‑efficient mini‑split HVAC in each unit, plus refrigerators and washer/dryer hookups
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