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Renovated 4-Unit Apartment Building

419 Harding Pl, San Antonio, TX 78203

For Sale
$399,000

Multi-Family (2-8 Units), San Antonio, TX

Property Size2,458 SF
Lot Size0.17 Acres
Price / SF$162.33
Days on Market51

Property Features for 419 Harding Pl

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM-4
Accessibility Accessible Approach with Ramp
Elementary school Smith
Middle school Poe
High school Highlands
Elementary school district San Antonio I.S.D.
Middle school district San Antonio I.S.D.
High school district San Antonio I.S.D.
Subdivision 1200
Standard status Active
Size 2,458 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 4881

Building Details

Year built 1927
Listing Agency: Real Broker, LLC
Listed By: Jesse Perez · License #0811078
Added: Sep 18 Changed: Sep 21 Last Checked: Nov 7 at 8:06PM
MLS# 2017558

Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This multifamily property includes four residential units plus a casita, with approximately 2,458 square feet of combined area on a 0.172-acre parcel. Renovation work was completed in 2024, and the property is currently fully occupied. An accessible approach with ramp is also provided.

The property is located near St. Philip's College, Downtown, nearby highways, and major employers. RM-4 zoning applies to the site. The improvements date to 1927, combining an established building history with updated interiors and a multi-unit layout.

Key Highlights

  • Four units plus a casita
  • Approximately 2,458 square feet of combined area
  • Renovated in 2024

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,108
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,160 $502.2K
Cap Rate 7%
$358,686 $358.7K
Cap Rate 9%
$278,978 $279.0K
Market Conditions
NOI Build-Up for 2,458 SF
Gross rent
$48.7K $19.80/SF
− Vacancy
−$3.0K −$1.23/SF
EGI
$45.7K $18.57/SF
− OpEx
−$20.5K −$8.36/SF
NOI
$25.1K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,160
Cap Rate 7%
$358,686
Cap Rate 9%
$278,978

Alternative Uses

Best Use
Apartment 5plus
$358.7K
$313.9K – $418.5K (±1% cap)
NOI $25,108 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$627.0K
$548.6K – $731.5K (±1% cap)
NOI $43,890 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

5
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

483
Businesses Nearby

Demographics for 78203, TX

5,872
Population
2,380
Households
2.5
Avg Household Size
35
Median Age
14%
College-Educated
75%
High-School Grad
1.4 sq mi
ZIP Area
4,194
Density / Sq Mi
$34,815
Median Household Income
$28,146
Median Earnings
$989
Median Rent
$139,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in San Antonio, TX

$215 Jul
$199 Aug
$201 Sep
$221 Oct

Properties on Market for Apartment buildings in San Antonio

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four residential units and a casita create a flexible multifamily configuration near major local destinations.
Where is this apartment building located?
The property is located at 419 Harding Pl San Antonio, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Four units plus a casita; Approximately 2,458 square feet of combined area; Renovated in 2024
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