Homes for sale - 227 grimes, San Antonio, TX 78203

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Phyllis Domingo

realtorphyllisdomingo@gmail.com +1(210) 744-5478

$ 829,500

Est. payment | -/mo

12 Beds

10 Baths

4,356 SqFt

Save

$ 829,500

Est. payment | -/mo

Save

12 Beds

10 Baths

4,356 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 4,356 sqft

Price per Sqft $190

Subdivision E Houston So To Hedgessa

MLS Listing ID 1894289

Style Two Story

Bedrooms 12

Full Baths 8

Half Baths 4

Construction Status Pre-Owned

Year Built 2024

Annual Tax Amount $17,081

Lot Size 6,242 Sqft

Property Sub-Type Multi-Family (2-8 Units)

Property Description

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 minutes from the Alamo Dome, Frost Bank Center, Fort Sam Houston, and major highways I-35 and I-10. Ideal for long-term tenants or short-term rental opportunities (Airbnb), this partially occupied but income-producing asset combines modern design, a strong location, and consistent rental performance-making it a standout investment in one of San Antonio's fastest-growing zip codes.

Location

State TX

County Bexar

Area 1200

Zoning RM-4

Interior

Heating Central

Cooling Unit Central

Flooring Carpeting, Vinyl

Exterior

Exterior Feature Siding

Garage Spaces 8.0

Roof Type Composition

Building

Foundation Slab

Sewer City

Water City

Construction Status Pre-Owned

Schools

Elementary Schools Smith

Middle Schools Poe

High Schools Highlands

School District San Antonio I.S.D.

Others

Miscellaneous Home Service Plan,Bldr 10yr Warranty

Acceptable Financing Conventional, FHA, VA, Cash

Listing Terms Conventional, FHA, VA, Cash

LERA MLS - Local Expertise Regional Access / SABOR

Listed by Guy Rubio • The Ortiz Firm • (210) 264-3639

Find out why customers are choosing LPT Realty to meet their real estate needs!!

+1(210) 744-5478

realtorphyllisdomingo@gmail.com

227 grimes San Antonio, TX 78203