San Antonio Fourplex Near
For Sale
$525,000
215 Blanco San, San Antonio, TX 78212
Fourplex near downtown San Antonio with hotel zoning potential.
Property Size3,213 SF
Lot Size0.17 Acres
Days on Market444
Property Features for 215 Blanco San
General Information
Standard status
Active
Size
3,213 SF
Lot size
0.17 Acres
Property subtype
Multi-Family
Amenities
Three+ Central
Composition
Building Details
Building Size
3,213 SF
Year Built
1920
Listing Agency:
San Antonio City-View
Listed By:
Danny Charbel · License #582344
(210) 887-7080
Source:
Kw
Added: Jul 30, 2025
Changed: Oct 15
Last Checked: Oct 16 at 7:39AM
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 San Antonio City-View
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Investment Insights
Based on property information with market context.
This fourplex is located minutes from downtown San Antonio and features central HVAC and ample parking. Zoned to allow for conversion into a small four-suite hotel, this property offers potential for various uses. The layout includes two units downstairs and two units upstairs. Covered parking is available in the back, along with storage space. The property is located minutes from San Pedro Springs Park and approximately 2 miles from downtown, potentially attracting tourists.
Key Highlights
- Potential to convert into a 4‑suite hotel (zoned for this purpose).
- Minutes from downtown San Antonio.
- House‑hacking opportunity: live in one unit and rent out the other three.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,982
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,640
$739.6K
Cap Rate 7%
$528,314
$528.3K
Cap Rate 9%
$410,911
$410.9K
Market Conditions
NOI Build-Up for 3,213 SF
Gross rent
$55.9K $17.40/SF
− Vacancy
−$3.1K −$0.96/SF
EGI
$52.8K $16.44/SF
− OpEx
−$15.8K −$4.93/SF
NOI
$37.0K $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%
$739,640
Cap Rate 7%
$528,314
Cap Rate 9%
$410,911
Alternative Uses
Best Use
Multifamily LT 5
$528.3K
$462.3K – $616.4K
NOI $36,982 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$468.9K
$410.3K – $547.0K
NOI $32,820 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$819.6K
$717.1K – $956.2K
NOI $57,371 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,158
Businesses Nearby
Explore this area
Business Placement
Demographics for 78212, TX
26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Fourplex near downtown San Antonio with hotel zoning potential.
Where is this quadplex located?
The property is located at 215 Blanco San San Antonio, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Potential to convert into a 4‑suite hotel (zoned for this purpose).; Minutes from downtown San Antonio.; House‑hacking opportunity: live in one unit and rent out the other three.
