1409 W Woodlawn, San Antonio, TX 78201

San Antonio
Local realty services provided by:Better Homes and Gardens Real Estate Winans
1409 W Woodlawn,San Antonio, TX 78201
$650,000
  • - Beds
  • - Baths
  • 7,484 sq. ft.
  • Multi-family
  • Active
Listed by: nathan young
Office: devora realty
MLS#:1932637
Source:LERA

Price summary

  • Price:$650,000
  • Price per sq. ft.:$86.85

About this home

Prime value-add 8-plex offered at $650,000 in a highly desirable infill San Antonio location. Built in 1940, 1409 W Woodlawn Ave is a two-story brick multifamily property totaling 10,851 SF on a 0.44-acre lot, zoned MF-33 (Multi-Family District). The property presents a compelling value-add opportunity, with 6 of 8 units already renovated and achieving higher market rents based on historical leasing trends. The remaining 2 units offer immediate upside, along with additional potential through light cosmetic upgrades and continued rent optimization. A key differentiator is the full basement level, featuring individual storage cages and existing laundry connections, offering a clear path to additional revenue streams through tenant storage and on-site laundry income-further enhancing overall returns. Stabilized proforma NOI is projected at $58,080, translating to an 8.31% cap rate at the offering price. Additional upside exists through exterior improvements, including a landscaping...

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Home facts

  • Year built:1940
  • Listing ID #:1932637
  • Added:134 day(s) ago
  • Updated:May 24, 2026 at 01:44 PM

Rooms and interior

  • Flooring:Wood
  • Living area:7,484 sq. ft.

Heating and cooling

  • Cooling:Window/Wall

Structure and exterior

  • Roof:Heavy Composition
  • Year built:1940
  • Building area:7,484 sq. ft.
  • Lot area:0.44 Acres
  • Construction Materials:Brick
  • Exterior Features:Mature Trees

Schools

  • High school:Call District
  • Middle school:Call District
  • Elementary school:Call District

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$86.85
  • Tax amount:$15,253
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