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

124 E Ashby Pl, San Antonio, TX 78212

Multi-Family (2-8 Units), San Antonio, TX

Property Size9,133 SF
Lot Size0.19 Acres
Price / SF$106.76
Days on Market56

Property Features for 124 E Ashby Pl

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MF-33
Elementary school Hawthorne
High school Edison
Elementary school district San Antonio I.S.D.
Middle school district San Antonio I.S.D.
High school district San Antonio I.S.D.
Subdivision 0900
Standard status Active
Size 9,133 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 16717

Building Details

Year built 1915
Listing Agency: eXp Realty
Listed By: Shane Neal
Added: Jul 1 Changed: Aug 19 Last Checked: Aug 25 at 7:06PM
MLS# 1943475

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.

124 E Ashby Pl is a historic 8-unit multifamily building with an original mansion character. The property features hardwood floors, soaring ceilings, arched doorways, oversized windows, and spacious layouts designed to give each unit a distinct feel. With 75% occupancy, there is immediate leasing opportunity available on the remaining units.

The property is located in the heart of Tobin Hill, within the downtown San Antonio area described as walkable. Public remarks indicate residents are near St. Mary’s Strip, with access to nearby shopping and schools including The Pearl, San Antonio College, and Downtown.

This building is best suited for investors or operators looking to own a boutique historic multifamily asset. The combination of preserved architectural details and an existing unit mix provides a practical platform for repositioning and stabilizing occupancy over time, while maintaining the character that differentiates the property from standard apartment stock.

Key Highlights

  • Historic 8‑unit multifamily property built in 1915
  • Architectural features include hardwood floors, soaring ceilings, arched doorways, oversized windows, and spacious layouts
  • Currently 75% occupancy with immediate leasing potential on remaining units

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Boutique historic 8-unit property with distinctive interior features and 75% occupancy for immediate leasing on remaining units.
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: Historic 8‑unit multifamily property built in 1915; Architectural features include hardwood floors, soaring ceilings, arched doorways, oversized windows, and spacious layouts; Currently 75% occupancy with immediate leasing potential on remaining units
More about this property
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