Individually Deeded Townhome
For Sale
$1,725,000
144 N Cherry St, San Antonio, TX 78202
Four side-by-side townhomes in a private community, each individually deeded, with 3-bedroom layouts and two-car garages.
Property Size6,688 SF
Price / SF$257.92
Days on Market112
Property Features for 144 N Cherry St
General Information
Standard status
Active
Size
6,688 SF
Total Parking Spaces
8
Property subtype
Commercial
Site & Location
Neighborhood
Dignowity Hill
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Year Built
2022
Tenancy
Multi
Listing Agency:
The Ortiz Firm
(210) 509-4911
Listed By:
Guy Rubio (guy@guyrubio.com)
Source:
Sanantoniosfinestrealty
Added: Jul 7
Changed: Oct 25
Last Checked: Oct 24 at 4:21PM
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 The Ortiz Firm
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Investment Insights
Based on property information with market context.
This property features four side-by-side townhomes within a private 26-home community, each individually deeded for separate ownership. The collection totals four residences, with each townhome offering a 3-bedroom, 3.5-bath layout and a two-car garage. Interiors include open-concept living with wood-look tile and concrete flooring, quartz countertops, stainless steel appliances, and custom cabinetry. A first-floor office with a full bath provides additional flexibility and can be used as a third bedroom to expand how the space is configured.
The property is located at 144 N Cherry St in San Antonio, with stated walking distance to Hemisfair, St. Paul Square, the Alamo Dome, and the Riverwalk. Two of the residences are currently operating as short-term rentals, while the remaining two have never been lived in. The community also supports live-work use, offering additional flexibility for an owner-occupant or small business operation.
The property is located at 144 N Cherry St in San Antonio, with stated walking distance to Hemisfair, St. Paul Square, the Alamo Dome, and the Riverwalk. Two of the residences are currently operating as short-term rentals, while the remaining two have never been lived in. The community also supports live-work use, offering additional flexibility for an owner-occupant or small business operation.
Key Highlights
- Four side‑by‑side townhomes built in 2022 in a private 26‑home community
- Each townhome is individually deeded, with separate ownership and independent sell/finance/hold flexibility
- 3‑bedroom, 3.5‑bath layout in each home, including a two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,980
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,539,600
$1.5M
Cap Rate 7%
$1,099,714
$1.1M
Cap Rate 9%
$855,333
$855.3K
Market Conditions
NOI Build-Up for 6,688 SF
Gross rent
$116.4K $17.40/SF
− Vacancy
−$6.4K −$0.96/SF
EGI
$110.0K $16.44/SF
− OpEx
−$33.0K −$4.93/SF
NOI
$77.0K $11.51/SF
Area
San Antonio, TX
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,539,600
Cap Rate 7%
$1,099,714
Cap Rate 9%
$855,333
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$962.3K – $1.28M
NOI $76,980 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$976.0K
$854.0K – $1.14M
NOI $68,317 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$1.71M
$1.49M – $1.99M
NOI $119,420 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,280
Businesses Nearby
Explore this area
Business Placement
Demographics for 78202, TX
11,422
Population
5,288
Households
2.2
Avg Household Size
34
Median Age
26%
College-Educated
77%
High-School Grad
2.3 sq mi
ZIP Area
4,966
Density / Sq Mi
$43,708
Median Household Income
$36,390
Median Earnings
$1,218
Median Rent
$223,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four side-by-side townhomes in a private community, each individually deeded, with 3-bedroom layouts and two-car garages.
Where is this quadplex located?
The property is located at 144 N Cherry St San Antonio, TX.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: Four side‑by‑side townhomes built in 2022 in a private 26‑home community; Each townhome is individually deeded, with separate ownership and independent sell/finance/hold flexibility; 3‑bedroom, 3.5‑bath layout in each home, including a two‑car garage
