Remodeled Triplex Near Riverwalk,
1246 Waverly Avenue San Antonio, TX 78201
For Sale
$600,000
Remodeled triplex near Riverwalk and Pearl district with STR potential.
Property Size1,244 SF
Price / SF$482.32
Days on Market316
Property Features for 1246 Waverly Avenue
General Information
Standard status
Active
Size
1,244 SF
Property subtype
Multi-Family / One Story
Building Details
Year Built
1947
Listing Agency:
redKorr Realty LLC
(210) 888-2664
Listed By:
Richard Moya · License #0578919
(210) 888-2664
Source:
Compass
Added: Sep 15, 2025
Changed: Jul 10
Last Checked: Jul 26 at 12:48PM
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 redKorr Realty LLC
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
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.