4-Unit Multifamily
For Sale
$345,000
765 Fulton, San Antonio, TX 78212
Multi-Family (2-8 Units), San Antonio, TX
Property Size3,080 SF
Lot Size0.14 Acres
Price / SF$112.01
Days on Market116
Property Features for 765 Fulton
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM-4 NCD-5
Elementary school
Cotton
High school
Edison
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
0900
Standard status
Active
Size
3,080 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
8146
Building Details
Year built
1916
Listing Agency:
Keller Williams Heritage · Keller Williams Realty
Listed By:
Wayne Ramirez
(210) 493-3030
Added: Jul 9
Changed: Oct 16
Last Checked: Nov 1 at 3:06PM
MLS# 1865738
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.
Built in 1916, this 3,080-square-foot multifamily property contains four one-bedroom, one-bathroom residences. Wood floors add to the building’s early-20th-century character. Three apartments are leased, while one is vacant. Each unit has a separate electric and gas meter and its own parking pad.
The property occupies 0.141 acres in San Antonio and carries RM-4 NCD-5 zoning. IH-10, San Pedro, and bus routes are identified as nearby transportation options. The four-unit layout and individual utility meters are central features of the property.
The property occupies 0.141 acres in San Antonio and carries RM-4 NCD-5 zoning. IH-10, San Pedro, and bus routes are identified as nearby transportation options. The four-unit layout and individual utility meters are central features of the property.
Key Highlights
- Four residences, each configured with 1 bedroom and 1 bathroom
- 3,080 square feet on a 0.141‑acre parcel
- Built in 1916
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,462
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,240
$629.2K
Cap Rate 7%
$449,457
$449.5K
Cap Rate 9%
$349,578
$349.6K
Market Conditions
NOI Build-Up for 3,080 SF
Gross rent
$61.0K $19.80/SF
− Vacancy
−$3.8K −$1.23/SF
EGI
$57.2K $18.57/SF
− OpEx
−$25.7K −$8.36/SF
NOI
$31.5K $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%
$629,240
Cap Rate 7%
$449,457
Cap Rate 9%
$349,578
Alternative Uses
Best Use
Multifamily LT 5
$506.4K
$443.1K – $590.9K
NOI $35,451 @ 7.0% cap · market cap 10.28%
Second Best
Apartment 5plus
$449.5K
$393.3K – $524.4K
NOI $31,462 @ 7.0% cap · market cap 9.12%
Theoretical Best
Office A
$785.7K
$687.5K – $916.6K
NOI $54,996 @ 7.0% cap · market cap 15.94%
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
Open Analytics
Lease Details
4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,107
Businesses Nearby
Explore this area
Business Placement
Demographics for 78212, TX
26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Separate electric and gas meters serve the units, with a dedicated parking pad for each.
Where is this quadplex located?
The property is located at 765 Fulton San Antonio, TX.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Four residences, each configured with 1 bedroom and 1 bathroom; 3,080 square feet on a 0.141‑acre parcel; Built in 1916
