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Six-Unit Apartment Building
For Sale
$275,000

946 West Lynwood Avenue, San Antonio, TX 78201

Six leased units provide immediate rental income in a no-HOA apartment building.

Property Size3,104 SF
Price / SF$88.60
Days on Market295

Property Features for 946 West Lynwood Avenue

General Information

Standard status Active
Size 3,104 SF
Property subtype Multi-Family / One Story
Zoning R-6
Occupancy 100%
Net Operating Income $30,648

Additional Details

Highway Access Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $4,636

Amenities

Linoleum
Composition
Slab
Conventional, 1st Seller Carry, Cash, Investors OK
Covered Patio

Building Details

Year Built 1920
Tenancy Multi
Listing Agency: eXp Realty
Listed By: Guadalupe Herrera
Source: Compass
Added: Oct 20, 2025 Changed: Aug 8 Last Checked: Jul 23 at 8:33AM

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 eXp Realty

Investment Insights

Based on property information with market context.

This for-sale six-unit apartment building offers a straightforward, income-producing setup with each unit currently leased. The property is positioned as a turnkey investment, supported by existing in-place tenants.

The building is located in San Antonio, with the surrounding area described as centrally located and known for historic character and strong rental demand. Public remarks also note proximity to major highways, shopping, dining, and downtown.

The property is presented as having no HOA and no rental restrictions, offering flexibility for long-term rentals or other strategies, subject to applicable law and lease terms.

Key Highlights

  • 6‑unit multi‑family building with all units leased for current rental income
  • No HOA and no rental restrictions, offering flexibility for long‑term or short‑term rentals
  • Proposed purchase terms: conventional, 1st seller carry, cash, and investors OK

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Daycare Center Locksmith (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,085
Businesses Nearby

Demographics for 78201, TX

42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six leased units provide immediate rental income in a no-HOA apartment building.
Where is this apartment building located?
The property is located at 946 West Lynwood Avenue San Antonio, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 6‑unit multi‑family building with all units leased for current rental income; No HOA and no rental restrictions, offering flexibility for long‑term or short‑term rentals; Proposed purchase terms: conventional, 1st seller carry, cash, and investors OK
More about this property
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