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4-Unit Townhouse Quadplex
For Sale
$590,000

4906 Ali Ave, San Antonio, TX 78229

Multifamily property with separately metered units, private patios, laundry hookups, and dedicated tenant parking.

Property Size5,212 SF
Price / SF$113.20
Days on Market50

Property Features for 4906 Ali Ave

General Information

Standard status Active
Size 5,212 SF
Property subtype Multi-Family

Site & Location

Neighborhood Leon Valley
Utilities to Site Yes

Units

Unit Mix 4 x 2BR/1.5BA
Multifamily Units 4
Parking per Unit 2

Amenities

private fenced back patio
washer/dryer hookups
separately metered for utilities
dedicated parking lot

Building Details

Year Built 1986
Listing Agency: Deason Realty Solutions, LLC
Listed By: Anthony Deason
Source: Sarahildebrandaguilera
Added: Sep 5 Changed: Oct 16 Last Checked: Oct 23 at 12:10PM

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 Deason Realty Solutions, LLC

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Investment Insights

Based on property information with market context.

This 1986-built quadplex contains four townhouse-style units totaling 5,212 square feet. Each residence has two bedrooms, one-and-one-half bathrooms, a private fenced rear patio, and washer/dryer hookups. Separate utility meters serve the individual units, while the dedicated parking area accommodates up to two vehicles per residence.

The property is located near San Antonio’s Medical Center at 4906 Ali Ave. Two units are occupied and two are vacant, providing a combination of existing tenancy and available units within the same multifamily asset.

Key Highlights

  • Four townhouse‑style units totaling 5,212 square feet
  • Each unit includes 2 bedrooms and 1.5 bathrooms
  • Private fenced back patio and washer/dryer hookups per unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$53,240
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,064,800 $1.1M
Cap Rate 7%
$760,571 $760.6K
Cap Rate 9%
$591,556 $591.6K
Market Conditions
NOI Build-Up for 5,212 SF
Gross rent
$103.2K $19.80/SF
− Vacancy
−$6.4K −$1.23/SF
EGI
$96.8K $18.57/SF
− OpEx
−$43.6K −$8.36/SF
NOI
$53.2K $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%
$1,064,800
Cap Rate 7%
$760,571
Cap Rate 9%
$591,556

Alternative Uses

Best Use
Multifamily LT 5
$857.0K
$749.9K – $999.9K (±1% cap)
NOI $59,991 @ 7.0% cap · market cap 10.17%
Second Best
Apartment 5plus
$760.6K
$665.5K – $887.3K (±1% cap)
NOI $53,240 @ 7.0% cap · market cap 9.02%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $93,064 @ 7.0% cap · market cap 15.77%
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

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,033
Businesses Nearby

Demographics for 78229, TX

33,135
Population
19,149
Households
1.7
Avg Household Size
31
Median Age
31%
College-Educated
86%
High-School Grad
5.8 sq mi
ZIP Area
5,713
Density / Sq Mi
$46,718
Median Household Income
$32,888
Median Earnings
$1,234
Median Rent
$206,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Quadplex - Multifamily property with separately metered units, private patios, laundry hookups, and dedicated tenant parking.
Where is this quadplex located?
The property is located at 4906 Ali Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Four townhouse‑style units totaling 5,212 square feet; Each unit includes 2 bedrooms and 1.5 bathrooms; Private fenced back patio and washer/dryer hookups per unit
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