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9-Unit Multifamily Investment Property
For Sale
$585,000

3620 Rivas Street, San Antonio, TX 78228

For sale 9-unit multifamily property in San Antonio with two current vacancies.

Property Size5,950 SF
Price / SF$98.32
Days on Market553

Property Features for 3620 Rivas Street

General Information

Standard status Active
Size 5,950 SF
Property subtype Multi-Family / One Story
Zoning RESIDENTIAL
Net Operating Income $42,358

Additional Details

Multifamily Units 9

Taxes and HOA fees

Annual Taxes $11,565

Amenities

Ceramic Tile
Composition
Slab
Conventional, 1st Seller Carry, Cash

Building Details

Year Built 1965
Listing Agency: Resi Realty, LLC
Listed By: Ronnie Trevino
Source: Compass
Added: Mar 3, 2025 Changed: Aug 8 Last Checked: Jul 23 at 4:40PM

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 Resi Realty, LLC

Investment Insights

Based on property information with market context.

This 9-unit multifamily property is being offered for sale in San Antonio. The building’s current configuration includes two vacancies, creating immediate leasing opportunity within the existing unit mix.

The property is located at 3620 Rivas Street, San Antonio, TX 78228. It is presented as an investor opportunity, with the current offering focused on income-producing potential supported by the existing 9-unit structure.

For buyers seeking a multifamily asset with an in-place 9-unit layout and room to improve occupancy, this property offers a straightforward way to evaluate both current and potential income through unit leasing.

Key Highlights

  • 9‑unit multifamily property in San Antonio with two current vacancies
  • Proposed terms: conventional, 1st seller carry, or cash
  • Year built: 1965

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Daycare Center

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby

Demographics for 78228, TX

56,369
Population
21,397
Households
2.6
Avg Household Size
37
Median Age
14%
College-Educated
74%
High-School Grad
10.9 sq mi
ZIP Area
5,171
Density / Sq Mi
$50,865
Median Household Income
$30,811
Median Earnings
$1,004
Median Rent
$164,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - For sale 9-unit multifamily property in San Antonio with two current vacancies.
Where is this apartment building located?
The property is located at 3620 Rivas Street San Antonio, TX.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 9‑unit multifamily property in San Antonio with two current vacancies; Proposed terms: conventional, 1st seller carry, or cash; Year built: 1965
More about this property
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