MLS# 1941710 – 3221 N Flores, San Antonio, TX 78212

Price: $950,000
Lot Size Acres: 0.29
Lot Size SqFt: 12,458
Status: Active
Property Type: Apartments
Year Built: 1926
Days on Website: 28

Courtesy of Phyllis Browning Company, Joel Leos (210) 408-2500

Property Description

Alta Vista Value-Add Multifamily 6 Units Over 4,000 SF Exceptional value-add multifamily opportunity in the desirable Alta Vista neighborhood. This 6 unit property totaling over 4,000 square feet is being offered as an estate sale and presents substantial upside for investors seeking a repositioning or redevelopment play.The property is not currently operating at market efficiency. There are no long-term leases in place. Three of the six units are occupied on a month-to-month basis at below-market rents, offering immediate rent-growth potential. One unit is occupied by a family member at no rent, and another unit is a 2-bedroom / 1-bath currently under construction, providing a clear path to additional value upon completion by the new owner. The remaining unit offers further opportunity for optimization.Notable features include a central courtyard, on-site parking lot, and a in-ground swimming pool. Rare amenities that support future rent premiums once the property is stabilized and professionally managed.Located along N Flores, the asset benefits from proximity to downtown San Antonio, The Pearl, and major employment centers, making it well-positioned for long-term demand. This is a true investor asset ideal for rent optimization, light-to-moderate renovation, completion of existing improvements, and professional management. Strong fundamentals, flexible occupancy, and multiple value-creation strategies make this an increasingly rare opportunity in Alta Vista.

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Property Details and Features

  • Listing
  • Listing date: 2026-02-16 06:00:00
  • 28 days on market
  • 28 cumulative days on market
  • $235 per square foot
  • Location
  • County: Bexar
  • Area: 0900
  • Building
  • Built in 1926
  • Approximate age: 100
  • Building/center name: 3221 N FLORES
  • Wood
  • 4,039 square feet
  • 2 buildings
  • Roof
  • Composition
  • Metal
  • Interior Features
  • Ceiling height: 8
  • Lot
  • Lot size: 0.286
  • Property
  • Zoning: R-6 CD NCD-2
  • Schools
  • School district: San Antonio I.S.D.
  • Miscellaneous
  • Monthly lease: $0
  • None
  • None
  • No
  • Other
  • 6 rentals
  • 5 parking spaces
  • 6 units
  • Other tax: 0.00
  • Taxes
  • Total tax: $9,393
  • City tax: $0
  • County tax: $9,393
  • $0 school tax
  • Property Tax ID: 018000080080
  • Utilities
  • Electricity
  • Water
  • Telephone
  • Sewer
  • Cable TV

Property Map

$950,000 – 3221 N Flores, San Antonio, TX 78212

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