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1409 W Woodlawn

San Antonio, TX 78201
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Bed 0

Bed

Bath 0

Bath

SqFt7,484

Sqft

Acres0.44

Acre(Lot)

Prime value-add 8-plex offered at $650,000 in a highly desirable infill San Antonio location. Built in 1940, 1409 W Woodlawn Ave is a two-story brick multifamily property totaling 10,851 SF on a 0.44-acre lot, zoned MF-33 (Multi-Family District). The property presents a compelling value-add opportunity, with 6 of 8 units already renovated and achieving higher market rents based on historical leasing trends. The remaining 2 units offer immediate upside, along with additional potential through light cosmetic upgrades and continued rent optimization. A key differentiator is the full basement level, featuring individual storage cages and existing laundry connections, offering a clear path to additional revenue streams through tenant storage and on-site laundry income-further enhancing overal l returns. Stabilized proforma NOI is projected at $58,080, translating to an 8.31% cap rate at the offering price. Additional upside exists through exterior improvements, including a landscaping and curb appeal refresh to further elevate tenant demand and market positioning. Ideally located near strong lifestyle and employment drivers, the property is just 0.9 miles from Woodlawn Lake Park, 1.5 miles from San Pedro Springs Park, and 0.6 miles from Deco Plaza retail. It also benefits from proximity to major educational institutions including San Antonio College (1.6 miles), Trinity University (3.5 miles), and St. Mary's University (4.0 miles). Downtown San Antonio is approximately 3 miles away. Seller is motivated and offering up to $20,000 in closing cost assistance, creating an attractive opportunity for investors to reduce upfront capital and enhance overall returns. With a strong combination of in-place income, proven renovation upside, and additional revenue potential, this asset is well-positioned for investors seeking both cash flow and long-term appreciation.

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Detail Ic Property Details

Property Type : Two Story

Price : $599,000

AD Id : 73019425

MLS Id : 1932637

Lot Size : 0.44 Acre

Living Area Size : 7,484

Year Built : 1940

County : Bexar

Subdivision: Woodlawn Park

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Feature Features

  • Building Information

    Year Built: 1940

  • Lot Information

    Lot Size: 0.438 Main Square Feet: 7,484
  • Property Information

    SQ ft: 7,484 Subdivision: MONTICELLO PARK

  • Listing Price Information

    Original List Price: $699,000

  • Tax Information

    Parcel Number: 064800010620 Taxes: 15252.98

  • School Information

    Elementary School: Call District Junior High School: Call District Senior High School: Call District School District: San Antonio I.S.D.
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1116 Gramercy, San Antonio, TX, 78201 $178,000 -- -- 1,322 1,322 SqFt
1633 W Woodlawn, San Antonio, TX, 78201 $375,000 -- -- 2,172 2,172 SqFt

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of SABOR MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 SABOR MLS. All rights reserved.

ByOwner last updated this listing 06/19/2026 @ 11:10

MLS: 1932637 LISTED BY: Nathan Young, Devora Realty 210-668-6844 SOURCE: SABOR - San Antonio

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