San Antonio Multifamily Investment
918 Dawson St San Antonio, TX 78202
918 Dawson St, San Antonio, TX, 78202
$980,000
For Sale
$980,000
MULTI_FAMILY - San Antonio, TX
Property Size5,700 SF
Price / SF$171.93
Days on Market14
Property Features for 918 Dawson St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 5,700 SF
Taxes and HOA fees
- Tax Annual Amount
- 7787
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2023
Listing agency
All City San Antonio Registered Series
(210) 625-1459
Listed by
Patrick Vallejo · License #663331
(512) 957-9044
Added: Jul 8 Checked: Jul 21 at 5:06PM
MLS# 1932791
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.
Investment Insights
Based on property information with market context.
This unique opportunity features three properties located in a well-known historic district. The properties include 918 Dawson, a fully renovated historic building, and 9182 Dawson and 922 Dawson, both new construction. Together, the properties offer a total of 9 bedrooms, 7 full baths, and 2 half baths. The location is approximately 5 minutes from the Pearl, Samma museum, and the new BESA DISTRICT (BROADWAY NORTH), an area with commitments from luxury brands. The total property size is 5700 Square Feet. The properties are currently fully occupied.
Key Highlights
- Three properties in one purchase: a historic renovation and two new constructions.
- Featuring a total of 9 bedrooms and 7 full/2 half bathrooms.
- Prime location: Just 5 minutes from the Pearl, Samma museum, and the new BESA District.
Local Financial Insights For Apartment 5plus
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 | $112.9k | $19.80 |
| − Vacancy | −$7.0k | −$1.23 |
| EGI | $105.9k | $18.57 |
| − OpEx | −$47.6k | −$8.36 |
| NOI | $58.2k | $10.21 |
5,700 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$831.8K
$727.8K – $970.4K
NOI $58,224 @ 7.0% cap · market cap 5.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.45M
$1.27M – $1.70M
NOI $101,778 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Multifamily property - Three properties in historic district near Pearl and upcoming BESA district.
Where is this multifamily property located?
The property is located at 918 Dawson St San Antonio, TX.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Three properties in one purchase: a historic renovation and two new constructions.; Featuring a total of 9 bedrooms and 7 full/2 half bathrooms.; Prime location: Just 5 minutes from the Pearl, Samma museum, and the new BESA District.
