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Individually Deeded Townhome Quadplex

144 N Cherry St San Antonio, TX 78202

144 N Cherry St, San Antonio, TX, 78202
$1,725,000
For Sale
$1,725,000

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 Market15

Property Features for 144 N Cherry St

General Information

Standard status
Active
Size
6,688 SF
Property subtype
Commercial

Building Details

Year Built
2022
Listing agency The Ortiz Firm
Listed by Guy Rubio ([email protected])
Source Sanantoniosfinestrealty
Added: Jul 7 Updated: Jul 20 at 5:18PM Checked: Jul 21 at 3:29AM

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


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.

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

Local Financial Insights For Office B

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 $147.7k $22.08
− Vacancy −$26.1k −$3.91
EGI $121.5k $18.17
− OpEx −$30.4k −$4.54
NOI $91.1k $13.63
6,688 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,150 @ 7.0% cap · market cap 5.28%
Second Best
Mixed Use
$1.23M
$1.07M – $1.43M (±1% cap)
NOI $85,774 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$1.71M
$1.49M – $1.99M (±1% cap)
NOI $119,420 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Furniture & Home Goods

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

FAQs

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
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