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Historic 8-Unit Apartment Building
For Sale
$975,000

124 E Ashby Pl, San Antonio, TX 78212

Architectural details include hardwood floors, arched doorways, and oversized windows.

Property Size9,133 SF
Price / SF$106.76
Days on Market17

Property Features for 124 E Ashby Pl

General Information

Standard status Active
Size 9,133 SF
Property subtype Multi-Family
Occupancy 75%

Additional Details

Multifamily Units 8

Building Details

Year Built 1915
Listing Agency: eXp Realty
Listed By: Shane Neal
Source: Kingdomtxrealty
Added: Aug 18 Changed: Aug 29 Last Checked: Sep 1 at 9:06PM

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 eXp Realty

Investment Insights

Based on property information with market context.

Built in 1915, this 8-unit apartment property occupies 9,133 square feet at 124 E Ashby Pl in San Antonio. The former mansion-style structure retains hardwood flooring, high ceilings, arched openings, large windows, and individually configured residences with distinct interior character. Current occupancy is 75%, with units remaining available for leasing.

The property is in Tobin Hill, near St. Mary's Strip and within convenient reach of The Pearl, San Antonio College, and Downtown San Antonio. Its setting places residents near restaurants, nightlife, and entertainment destinations, while the historic building design differentiates it from conventional multifamily construction.

A stabilized pro forma reflects a 5% cap scenario, and the property information identifies potential to raise rents toward market levels. The combination of unit count, historic construction, and central urban location provides a clearly defined multifamily asset profile.

Key Highlights

  • 8‑unit apartment property totaling 9,133 square feet
  • Historic construction dating to 1915
  • 75% current occupancy

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office HVAC Service Building Supply (Bike/Boat/Book/etc) Store Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,144
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Architectural details include hardwood floors, arched doorways, and oversized windows.
Where is this apartment building located?
The property is located at 124 E Ashby Pl San Antonio, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 8‑unit apartment property totaling 9,133 square feet; Historic construction dating to 1915; 75% current occupancy
More about this property
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