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227 grimes, San Antonio, TX 78203

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For Sale

$849,000

8 baths • 4 half baths • 4,356 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $194.90
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

A Strong Investment Opportunity in the Rapidly Growing 78203 Zip Code! Price Improvement - Now Offered at $749,000! Discover this fully leased new construction 4-plex, thoughtfully designed as two duplexes in separate buildings, and generating $5,800/month in rental income. This turnkey investment offers immediate cash flow and a prime location near Downtown San Antonio and the approved Marble redevelopment project-a key driver in the area's rapid appreciation. Located just 2 miles from the Hemisfair District & River Walk, this 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 one block from St. Philip's College and is 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 fully occupied asset combines modern design, strong location, and consistent rental performance-making it a standout investment in one of San Antonio's fastest-growing zip codes. One of the property owners is a licensed real estate agent in the State of Texas.
MLS# 1894289

Courtesy Of David A. Ortiz

(817) 996-6604

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Double Pane Windows
  • Architecture Style
    Other
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 227 grimes, San Antonio, TX 78203

Home seller CENTURY 21 Middleton

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CENTURY 21 Middleton

(210) 267-1777
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.