1602 S Saint Marys St

About this home

PRIME INVESTMENT IN HISTORIC LAVACA! Rare 5-unit multi-family compound in San Antonio's hottest downtown rental corridor. Built in 1950/1994, this property features modern structural, plumbing, and electrical systems-completely bypassing the high maintenance costs of older historic assets. Four units are freshly renovated, 3 vacant, and turn-key ready to lease at peak market rents from day one. The fifth unit (a spacious 2-bed, 2-bath) is cosmetically unrenovated (recently vacant), providing an immediate value-add path to force equity and capture a projected $1,300/mo+ rental premium. Features on-site laundry hookups (for additional income) and incredible walkability to local dining/amenities. Perfect for a 1031 Exchange or portfolio scaling. Sold AS-IS.

Property details

Property type

2STRY

Year built

1994

Square feet

3,338 sq ft

Lot size

0.14

Subdivision

LAVACA

School district

San Antonio I.S.D.

MLS #

2018706