San Antonio Multifamily Investment
602 Chauncey, San Antonio, TX 78216
New
MULTI_FAMILY - San Antonio, TX
Property size:
6,432 SFLot size:
0.30 AcresPrice / SF:
$116/SF- Added:
- May 8, 2026
- Days on Market:
- 3
- Last Refresh:
- May 10 at 4:06 pm
Property Features for 602 Chauncey
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MF-33
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 6,432 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Annual Amount
- 13605
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1982
Listing agent Patricia Chavez License #498385,TEXAS (210) 493-3030
Listing office Keller Williams Heritage 1717 N. Loop 1604 E, San Antonio, TX (210) 493-3030
Listing date May 8, 2026
MLS# 1965217
Listing URL
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.
HighLights
- Stabilized 6‑unit multifamily property with $40,271.85 NOI (2025).
- Value‑add potential through rent growth, utility reimbursement (RUBS), laundry income, and operational improvements.
- Desirable unit mix: five 2‑bedroom/2‑bath units and one 1‑bedroom/1‑bath unit.
- Separate electric meters for each unit.
- On‑site utility/laundry room with coin‑operated washers and dryers.
- Located in North Central San Antonio.
Overview
This multifamily property is a 6-unit investment opportunity located in North Central San Antonio. Constructed in 1982 and zoned MF-33, the property includes two buildings with a total area of approximately 6,432 square feet. Building 1 measures approximately 4,200 square feet, while Building 2 is approximately 2,232 square feet. The unit mix features five 2-bedroom/2-bath units and one 1-bedroom/1-bath unit. The property benefits from long-term tenants and separate electric meters. A large shared tenant storage room is available, along with an on-site utility/laundry room equipped with several coin-operated washers and dryers. The landlord currently covers water expenses, presenting a potential opportunity for future upside through RUBS implementation at lease renewal. The reported 2025 Net Operating Income (NOI) is $40,271.85, with additional upside potential achievable through rent growth, utility reimbursement, laundry income, and operational improvements. Situated on a 0.298-acre lot, this asset offers investors a stabilized multifamily property with value-add potential in an established San Antonio rental submarket.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.501216
- Latitude
- 29.549341
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Six-unit multifamily property in North Central San Antonio.
Where is this apartment building located?
The property is located at 602 Chauncey San Antonio, TX.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Stabilized 6‑unit multifamily property with $40,271.85 NOI (2025).; Value‑add potential through rent growth, utility reimbursement (RUBS), laundry income, and operational improvements.; Desirable unit mix: five 2‑bedroom/2‑bath units and one 1‑bedroom/1‑bath unit.
