Corner Quadplex Rental
1040 Clower San Antonio, TX 78201
1040 Clower, San Antonio, TX, 78201
$597,500
For Sale
$597,500
Quadplex on a corner lot with four rental units, two facing Clower and two facing Michigan.
Property Size2,480 SF
Price / SF$240.93
Days on Market353
Property Features for 1040 Clower
General Information
- Standard status
- Active
- Size
- 2,480 SF
- Property subtype
- Multi-Family / Two Story
Building Details
- Year Built
- 1981
Listing agency
Premier Realty Group Platinum
(210) 641-1400
Listed by
Debra Rangel-Munoz
Source
Compass
Added: Aug 4, 2025 Updated: Jul 21 at 5:47AM Checked: Jul 21 at 5:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Realty Group Platinum
Investment Insights
Based on property information with market context.
This quadplex rental property includes four rental units. Per the legal addresses, all units are listed under 1040 Clower, San Antonio, TX 78201. The building is arranged so that two units face Clower and two units face Michigan.
The property sits on a large corner lot at the intersection of Clower and Michigan. The units have been updated and are ready to go.
Seller is reviewing all reasonable offers.
The property sits on a large corner lot at the intersection of Clower and Michigan. The units have been updated and are ready to go.
Seller is reviewing all reasonable offers.
Key Highlights
- Quadplex on a corner lot with 4 rental units
- 2 units face Clower and 2 units face Michigan
- Legal address for all units: 1040 Clower, San Antonio, TX
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 | $43.2k | $17.40 |
| − Vacancy | −$2.4k | −$0.96 |
| EGI | $40.8k | $16.44 |
| − OpEx | −$12.2k | −$4.93 |
| NOI | $28.5k | $11.51 |
2,480 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$407.8K
$356.8K – $475.8K
NOI $28,545 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$361.9K
$316.7K – $422.2K
NOI $25,333 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$632.6K
$553.5K – $738.0K
NOI $44,282 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Quadplex on a corner lot with four rental units, two facing Clower and two facing Michigan.
Where is this quadplex located?
The property is located at 1040 Clower San Antonio, TX.
What is the asking price?
The asking price for this property is $597,500.
What are key features of this property?
This property features: Quadplex on a corner lot with 4 rental units; 2 units face Clower and 2 units face Michigan; Legal address for all units: 1040 Clower, San Antonio, TX
