227 Grimes, San Antonio, TX 78203
Local realty services provided by:CENTURY 21 Scott Myers Realtors
227 Grimes,San Antonio, TX 78203
$829,500
- - Beds
- - Baths
- 4,356 sq. ft.
- Multi-family
- Active
Listed by: guy rubio(210) 264-3639, guy@guyrubio.com
Office: the ortiz firm
MLS#:1894289
Source:SABOR
Price summary
- Price:$829,500
- Price per sq. ft.:$190.43
About this home
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.
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Home facts
- Year built:2024
- Listing ID #:1894289
- Added:118 day(s) ago
- Updated:December 17, 2025 at 05:38 PM
Rooms and interior
- Living area:4,356 sq. ft.
Heating and cooling
- Cooling:Unit Central
- Heating:Electric
Structure and exterior
- Roof:Composition
- Year built:2024
- Building area:4,356 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:Highlands
- Middle school:Poe
- Elementary school:Smith
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$829,500
- Price per sq. ft.:$190.43
- Tax amount:$17,081
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