Historic 4-Plex Income
419 West Mistletoe Avenue San Antonio, TX 78212
For Sale
$625,000
Historic Alta Vista 4-plex with three rented units and one vacant unit, featuring hardwood floors and high ceilings.
Property Size2,542 SF
Price / SF$245.87
Days on Market139
Property Features for 419 West Mistletoe Avenue
General Information
Standard status
Active
Size
2,542 SF
Property subtype
Multi-Family / Two Story
Building Details
Year Built
1925
Listing Agency:
Davidson Properties, Inc.
(210) 826-1616
Listed By:
Sandra Schultz
(210) 826-1616
Source:
Compass
Added: Mar 11
Changed: Jul 23
Last Checked: Jul 27 at 1:29PM
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 Davidson Properties, Inc.
Investment Insights
Based on property information with market context.
Historic Alta Vista 4-plex offering income-ready setup with three units currently rented and one vacant down unit. The property combines original 1920s character with updates throughout, including original hardwood flooring, soaring high ceilings, and classic crown molding. Fresh neutral paint and large windows help bring natural light into the living spaces.
Kitchens feature durable ceramic tile countertops, abundant cabinet storage, and a full suite of appliances. The unit mix and current occupancy provide an immediate starting point for owners seeking a straightforward residential income property.
Situated at 419 West Mistletoe Avenue in San Antonio, TX 78212, this historic 4-plex presents a practical option for buyers looking for a multi-family asset with modern interior improvements and an existing rental base.
Kitchens feature durable ceramic tile countertops, abundant cabinet storage, and a full suite of appliances. The unit mix and current occupancy provide an immediate starting point for owners seeking a straightforward residential income property.
Situated at 419 West Mistletoe Avenue in San Antonio, TX 78212, this historic 4-plex presents a practical option for buyers looking for a multi-family asset with modern interior improvements and an existing rental base.
Key Highlights
- Historic Alta Vista 4‑plex built in 1925
- 3 units currently rented and 1 vacant unit for value‑add potential
- Original hardwood flooring, high ceilings, and crown molding
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 | $44.2k | $17.40 |
| − Vacancy | −$2.4k | −$0.96 |
| EGI | $41.8k | $16.44 |
| − OpEx | −$12.5k | −$4.93 |
| NOI | $29.3k | $11.51 |
2,542 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$418.0K
$365.7K – $487.7K
NOI $29,259 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$370.9K
$324.6K – $432.8K
NOI $25,966 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$648.4K
$567.4K – $756.5K
NOI $45,389 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Historic Alta Vista 4-plex with three rented units and one vacant unit, featuring hardwood floors and high ceilings.
Where is this quadplex located?
The property is located at 419 West Mistletoe Avenue San Antonio, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Historic Alta Vista 4‑plex built in 1925; 3 units currently rented and 1 vacant unit for value‑add potential; Original hardwood flooring, high ceilings, and crown molding
