227 Grimes, San Antonio, TX 78203

Local realty services provided by:Better Homes and Gardens Real Estate Winans
227 Grimes,San Antonio, TX 78203
$829,500
  • - Beds
  • - Baths
  • 4,356 sq. ft.
  • Multi-family
  • Active
Listed by: guy rubio(210) 264-3639, guy@guyrubio.com
Office: the ortiz firm
MLS#:1894289
Source:SABOR

Price summary

  • Price:$829,500
  • Price per sq. ft.:$190.43

About this home

A Strong Investment Opportunity in the Rapidly Growing 78203 Zip Code! Discover this new-construction 4-plex-designed as two duplexes in separate buildings-currently generating $4,249/month in rental income with one unit now available for lease at a market rate of $1,500/month. This property offers immediate cash flow, flexibility, and exceptional upside potential in a prime location near Downtown San Antonio and the approved Marvel redevelopment project-a key catalyst for rapid appreciation in the area. Located just 2 miles from the Hemisfair District and River Walk, the property features four spacious units, each offering 1,089 sq. ft., 3 bedrooms, and 2.5 baths. Interiors showcase open-concept layouts, modern kitchens, light wood-style flooring, and updated bathrooms-providing tenants with comfort and style while keeping ownership low-maintenance. Each residence includes a private driveway and covered carport. The property sits just one block from St. Philip's College and

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Home facts

  • Year built:2024
  • Listing ID #:1894289
  • Added:120 day(s) ago
  • Updated:December 17, 2025 at 05:38 PM

Rooms and interior

  • Living area:4,356 sq. ft.

Heating and cooling

  • Cooling:Unit Central
  • Heating:Electric

Structure and exterior

  • Roof:Composition
  • Year built:2024
  • Building area:4,356 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:Highlands
  • Middle school:Poe
  • Elementary school:Smith

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$829,500
  • Price per sq. ft.:$190.43
  • Tax amount:$17,081
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