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About This Home
This 0-bedroom, 0-bathroom residential multi family at 1409 W Woodlawn in San Antonio, TX is listed for $685,000 ($92 per sqft). Built in 1940, the home offers 7,484 sqft of living space on a 0.44 acres lot.
Prime value-add 8-plex offered at $685,000. 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, leavi
ng 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.
Key Features
- Built in 1940
- 0.44 acre lot
Property Details
Monthly Cost Estimate
$3,664/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1409 W Woodlawn
San Antonio, TX 78201
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1409 W Woodlawn is listed at $685,000 ($92/sqft). The estimated monthly payment is $2,968 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.44 acre lot.
This property is listed by Nathan Young and can be reached at (512) 400-4248 or info@devorarealty.com.