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Monte Vista Area Fourplex Opportunity

124 West Mistletoe Avenue San Antonio, TX 78212

124 West Mistletoe Avenue, San Antonio, TX, 78212
$650,000
For Sale
$650,000

Fourplex in desirable Monte Vista area with recent updates.

Property Size4,679 SF
Price / SF$138.92
Days on Market301

Property Features for 124 West Mistletoe Avenue

General Information

Standard status
Active
Size
4,679 SF
Property subtype
Multi-Family / Two Story

Building Details

Year Built
1923
Listing agency M. Stagers Realty Partners
Listed by Melissa Stagers
Source Compass
Added: Sep 25, 2025 Updated: Jul 10 at 12:10PM Checked: Jul 21 at 6:49AM

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 M. Stagers Realty Partners


Investment Insights

Based on property information with market context.

This fourplex is located in the Monte Vista area. Recent updates within the last 10 years include paint, roof, and fencing. The property has been well maintained and features wood floors in most units. A large parking pad and carport are located in the back, along with a separate laundry facility. Two units include private patios, and the largest unit has a loft. The property is located near a convenient bike path to downtown. The property size is 4679 square feet.

Key Highlights

  • Desirable Monte Vista location.
  • Four units offer income potential or owner occupancy.
  • Recent updates include roof, paint, and fencing.

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 $81.4k $17.40
− Vacancy −$4.5k −$0.96
EGI $76.9k $16.44
− OpEx −$23.1k −$4.93
NOI $53.9k $11.51
4,679 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$769.4K
$673.2K – $897.6K (±1% cap)
NOI $53,856 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$682.8K
$597.4K – $796.6K (±1% cap)
NOI $47,795 @ 7.0% cap · market cap 7.35%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,547 @ 7.0% cap · market cap 12.85%
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

HVAC Service Electrical Service Locksmith (Bike/Boat/Book/etc) Store Plumbing Service Veterinary Clinic Pet Grooming Service Home Appliance 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 - Fourplex in desirable Monte Vista area with recent updates.
Where is this quadplex located?
The property is located at 124 West Mistletoe Avenue San Antonio, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Desirable Monte Vista location.; Four units offer income potential or owner occupancy.; Recent updates include roof, paint, and fencing.
Contact an agent
More about this property
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