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Diane Hart Alexander, MBA, MHA

diane@alex.realestate +1(713) 591-9902

$ 699,000

Est. payment -/mo

Save

Active

1409 Woodlawn San Antonio, TX 78201

16 Beds

8 Baths

7,484 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 7,484 sqft

Price per Sqft $93

Subdivision Woodlawn Park

MLS Listing ID 1932637

Style Two Story

Bedrooms 16

Full Baths 8

Year Built 1940

Annual Tax Amount $15,252

Lot Size 0.438 Acres

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

Property Description

Prime value-add 8-plex offered at $699,000. 1409 W Woodlawn Ave is a 1940-built, 2-story, brick multifamily property totaling 10,851 SF on a 0.44-acre lot with MF-33 (Multi-Family District) zoning. Partial value-add has already been completed: 6 of 8 units have been renovated and are now demanding higher rates based on historical lease rates, leaving additional investor upside to complete the remaining improvements and pursue minor cosmetic upgrades that could support further rent growth. Exterior/curb appeal upside includes a landscaping refresh to enhance tenant appeal and marketability. Stabilized proforma NOI: $58,080, translating to an 8.31% stabilized cap rate at the offering price. Infill location with strong lifestyle and demand drivers: Woodlawn Lake Park ~0.9 mi (18-min walk) and San Pedro Springs Park ~1.5 mi (3-min drive). Nearby retail includes Deco Plaza ~0.6 mi (12-min walk). Education anchors nearby: San Antonio College ~1.6 mi (4-min drive), Trinity University ~3.5 mi, and St. Mary's University ~4.0 mi. The area is approximately 3 miles northwest of Downtown San Antonio. Disclaimer: Buyer to independently verify all information, including zoning, square footage, unit mix, income/expenses, distances, and to complete their own underwriting.

Location

State TX

County Bexar

Area 0800

Direction W

Interior

Heating Window Unit

Cooling Window/Wall

Flooring Wood

Exterior

Exterior Feature Brick

Garage Spaces 10.0

Roof Type Heavy Composition

Schools

Elementary Schools Call District

Middle Schools Call District

High Schools Call District

School District San Antonio I.S.D.

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

LERA MLS - Local Expertise Regional Access / SABOR

Listed by Nathan Young • Devora Realty • (210) 668-6844

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

6

Olmos Elementary School

Public | PK - 5
5

Herff Elementary School

Public | PK - 5
5

Bonham Academy

Public | PK - 8
5

Roy Cisneros Elementary School

Public | PK - 5
5

Hawthorne Academy

Public | PK - 8
5

Fenwick Elementary School

Public | PK - 5
5

Kipp Camino Academy

Public | 5 - 8
5

Maverick Elementary School

Public | PK - 5
5

Neal Elementary School

Public | PK - 5
5

Baskin Elementary School

Public | PK - 5
5

Arnold Elementary School

Public | PK - 5
4

Alonso S. Perales Elementary School

Public | PK - 5
4

Roosevelt Elementary School

Public | PK - 5
4

Kipp Aspire Academy

Public | 5 - 8
4

Madison Elementary School

Public | PK - 5
4

Franklin Elementary School

Public | PK - 5
4

Wilson Elementary School

Public | PK - 5
3

Douglass Elementary School

Public | PK - 5
3

Barkley-Ruiz Academy

Public | PK - 5
3

Rodriguez Elementary School

Public | PK - 5

Middle Schools 13

9

Young Women's Leadership Academy

Public | 6 - 12
5

Twain Middle School

Public | 6 - 8
5

Whittier Middle School

Public | 6 - 8
4

Rhodes Middle School

Public | 6 - 8
4

Gus Garcia Middle School

Public | 6 - 8
4

Dr Paul S Saenz Jr High School

Public | 7 - 8
2

Irving Middle School

Public | 6 - 8
1

Tafolla Middle School

Public | 6 - 8
0

Estrada Achievement Center

Public | 7 - 12
0

Idea Carver College Preparatory

Public | 6 - 7
0

Providence Catholic School

Private | 6 - 12
0

Nisd Bexar County Jja

Public | 8 - 12
0

Holy Cross of San Antonio

Private | 6 - 12

High Schools 19

8

Travis Early College High School

Public | 9 - 12
7

Fox Tech High School

Public | 9 - 12
5

Kipp University Preparatory High School

Public | 9 - 12
4

Jefferson High School

Public | 9 - 12
4

Milton B Lee Academy of Science & Engineering

Public | 9 - 12
3

Henry Ford Academy Alameda School for Art + Design

Public | 9 - 12
2

Edison High School

Public | 9 - 12
1

Lanier High School

Public | 9 - 12
1

Healy-Murphy

Public | 9 - 12
1

Positive Solutions Charter

Public | 9 - 12
0

Cooper Academy

Public | 9 - 12
0

Navarro Academy

Public | 9 - 12
0

Healy Murphy Center

Private | 9 - 12
0

Central Catholic High School -San Antonio

Private | 9 - 12
0

St Anthony Catholic High School

Private | 9 - 12
0

Uiw Prepartory High School

Private | 10 - 12
0

Incarnate Word High School

Private | 9 - 12
0

San Antonio Technology Academy

Public | 9 - 12
0

Rick Hawkins High School

Public | 9 - 12

School and business data provided by Attom Data.

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

Diane Hart Alexander, MBA, MHA

1409 Woodlawn San Antonio, TX 78201

Key Details

Location

Interior

Exterior

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1409 Woodlawn