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    Monte Vista Area Fourplex Opportunity Title is generated by Realmo AI

    124 West Mistletoe Avenue, San Antonio, TX 78212

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    Claim this Listing
    For Sale
    $650,000

    Fourplex in desirable Monte Vista area with recent updates.

    Type:Multi-Family / Two Story
    Property size:
    4,679 SF
    Price / SF:
    $138/SF
    Added:
    Jan 12, 2026
    Days on Market:
    141
    Last Refresh:
    Mar 13 at 3:00 pm

    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

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    Listing Contact
    Melissa Stagers

    Listing agent Melissa Stagers

    Listing office M. Stagers Realty Partners

    Listing date Jan 12, 2026

    Source Compass

    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

    HighLights

    • Desirable Monte Vista location.
    • Four units offer income potential or owner occupancy.
    • Recent updates include roof, paint, and fencing.
    • Wood floors throughout most units.
    • Large parking pad and carport with separate laundry facility.
    • Convenient bike path to downtown.

    Overview

    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.

    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.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.4949692
    Latitude
    29.4535911

    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.
    More about this property
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