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3221 N Flores
San Antonio, TX 78212
FOR SALE · Active
$895,000
$222 / Sqft
4,039
Sqft
MLS# 1939828

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.

Property Highlights

Status
For Sale
Price
$ 895,000
Property Type
Multi-Family (2-8 Units)
House Type
Two Story
Sqft Total
4,039

Location

Subdivision
Alta Vista
Area
0900
County
Bexar

Heating, Cooling & Utilities

Cooling
3+ Window/Wall

Building Details

Outdoor Features
Solar Screens, In-Ground Pool, Cable TV Available, Common Utility Room, Other - See Remarks
Number of Units
6
Builder Name
Unknown

Community

Elementary
Call District
Junior High
Call District
Senior High
Call District
School District
San Antonio I.S.D.

Taxes & Terms

Terms
Conventional, Cash, Investors OK, Other
Tax Amount
$15,474
Listed by Joel Leos, Keller Williams Heritage
Listing Data last updated 11/02/2026 09:20 pm
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Property History

Today
Property information last updated
78 days ago
Date of last price change
269 days ago
Status Active. This is the date the listing was placed on market.

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