San Antonio Fourplex Investment
322 South Audubon Drive, San Antonio, TX 78212
Fully occupied fourplex in desirable San Antonio location.
Type:Multi-Family / One Story
Property size:
2,800 SFPrice / SF:
$130/SF- Added:
- Jun 27, 2025
- Days on Market:
- 341
- Last Refresh:
- Mar 13 at 6:27 pm
Property Features for 322 South Audubon Drive
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Property subtype
- Multi-Family / One Story
Building Details
- Year Built
- 1949
Listing agent Guadalupe Herrera (210) 788-4290
Listing office eXp Realty (210) 788-4290
Listing date Jun 27, 2025
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
HighLights
- Fully occupied fourplex providing immediate cash flow.
- Located in a highly desirable, centrally located area with strong rental demand.
- No HOA and no rental restrictions offering exceptional flexibility.
- Turnkey investment with steady income from day one.
- Close proximity to major highways, shopping, dining, and downtown San Antonio.
- Conventional and Cash payment terms accepted.
Overview
This fourplex presents an investment opportunity in San Antonio. The property is fully occupied, providing immediate cash flow. Situated in a centrally located area, the property benefits from strong rental demand. Each unit is currently leased, offering a turnkey investment with continuous income. The property has no HOA and no rental restrictions, allowing for flexibility in rental strategies, including long-term or short-term rentals. The location is near major highways, shopping, dining, and downtown San Antonio. The property size is 2800 square feet.
Local Financial Insights For Multifamily LT 5
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 | $48.7k | $17.40 |
| − Vacancy | −$2.7k | −$0.96 |
| EGI | $46.0k | $16.44 |
| − OpEx | −$13.8k | −$4.93 |
| NOI | $32.2k | $11.51 |
2,800 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$460.4K
$402.9K – $537.1K
NOI $32,228 @ 7.0% cap · market cap 8.83%
Second Best
Apartment 5plus
$408.6K
$357.5K – $476.7K
NOI $28,601 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$714.2K
$625.0K – $833.3K
NOI $49,996 @ 7.0% cap · market cap 13.70%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.5005941
- Latitude
- 29.4764676
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fully occupied fourplex in desirable San Antonio location.
Where is this quadplex located?
The property is located at 322 South Audubon Drive San Antonio, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Fully occupied fourplex providing immediate cash flow.; Located in a highly desirable, centrally located area with strong rental demand.; No HOA and no rental restrictions offering exceptional flexibility.
