1246 Waverly Avenue San Antonio, TX 78201

Building Details

Year Built

1947

Listing Agency redKorr Realty LLC R***@redkorr.com Show Phone

Listed by Richard Moya · License #0578919 Show Phone

Source Compass

Added: Sep 15, 2025 Checked: Jul 17 at 5:39 am

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Investment Insights

Based on property information with market context.

This remodeled investment property, zoned RM-4, is located less than 5 minutes from the Riverwalk and the Pearl district. The property features three units that were meticulously rehabbed in 2022. The current gross annual income is $85,000, with an impressive cap rate. Two units are already rented with established leases, while the front unit offers short and mid-term rental potential. The RM-4 zoning allows for the addition of a tiny house. All furnishings and an inventory of necessary items are included. The property size is 1244 square feet.

Key Highlights

• High‑performing STR investment: 8.4 Cap Rate and 87% occupancy.
• Prime location: Less than 5 minutes from the Riverwalk and Pearl District.
• Rare RM‑4 zoning: Allows for potential expansion, such as adding a tiny house.

Property Analytics

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FAQs

What type of property is this?

Triplex - Remodeled triplex near Riverwalk and Pearl district with STR potential.

Where is this triplex located?

The property is located at 1246 Waverly Avenue San Antonio, TX.

What is the asking price?

The asking price for this property is $600,000.

What are key features of this property?

This property features: High‑performing STR investment: 8.4 Cap Rate and 87% occupancy.; Prime location: Less than 5 minutes from the Riverwalk and Pearl District.; Rare RM‑4 zoning: Allows for potential expansion, such as adding a tiny house.