1409 Woodlawn, San Antonio TX, 78201
7484 Sq ft
Multi-Family (2-8 Units)
MLS: 1932637
$685,000
Last Price Updated: 2026-03-23T21:24:31 Contact an Agent Schedule a Viewing
1409 Woodlawn, San Antonio TX, 78201
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, leaving 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.
Accessibility:
Exterior Features: Mature Trees
Legal: Ncb 6480 Blk 1 Lot 62, 63, 64, 65, 66 & W 12.5 Ft Of 61
Listing Agent
Nathan YoungPh: (210) 668-6844
Email: realestatebynate@yahoo.com;nathan@devorarealty.com
Property Info
- Year Built: 1940
- Approx Age: 86 Years
- Footage: 7484 Sq. Ft.
- Cooling: Window/Wall
- Heating: Window Unit, Other
- Roof: Heavy Composition
- Exterior: Brick
- Zoning:
- Foundation:
- Lot: 0.438 Acres
- Lot Dimensions:
- Lot Legal Desc: 62
- Contingent Info:
- Builder: Unknown
- Net Operating Income: 41496.77
- Annual Operating Expense: 48613.5
- MISCELLANEOUS:
- OP EXP INCLUDES: Taxes,Insurance,Maintenance,Management,Miscellaneous
- Proposed Terms: Conventional,Cash
Unit Info
- Total Units: 8
- Unit 1 Bedroom: 2
- Unit 1 Full Bath: 1
- Unit 1 Half Bath: 0
- Unit 1 Parking Spaces: 2, Pad
- Unit 2 Bedroom: 2
- Unit 2 Full Bath: 1
- Unit 2 Half Bath: 0
- Unit 2 Parking Spaces: 2, Pad
- Unit 3 Bedroom: 2
- Unit 3 Full Bath: 1
- Unit 3 Half Bath: 0
- Unit 3 Parking Spaces: 1, Pad
- Unit 4 Bedroom: 2
- Unit 4 Full Bath: 1
- Unit 4 Half Bath: 0
- Unit 4 Parking Spaces: 1, Pad
- Unit 5 Bedroom: 2
- Unit 5 Full Bath: 1
- Unit 5 Half Bath: 0
- Unit 5 Parking Spaces: 1, Pad
- Unit 6 Bedroom: 2
- Unit 6 Full Bath: 1
- Unit 6 Half Bath: 0
- Unit 6 Parking Spaces: 1, Pad
- Unit 7 Bedroom: 2
- Unit 7 Full Bath: 1
- Unit 7 Half Bath: 0
- Unit 7 Parking Spaces: 1, Pad
- Unit 8 Bedroom: 2
- Unit 8 Full Bath: 1
- Unit 8 Half Bath: 0
- Unit 8 Parking Spaces: 1, Pad
General
- Approx Age: 86 years
- Currently Leased:
- Energy Eff.:
- Green Cert:
- Green Feat:
School Info
- School District: San Antonio I.S.D.
- Elementary School: Call District
- Middle School: Call District
- High School: Call District
HOA
- HOA Name:
- HOA Mandatory: None
- HOA Multiple:
Taxes
- County Tax:
- City Tax:
- Other Tax:
- School Tax:
- Total Tax: $15,253
- Taxed by Multiple Counties: No
Utilities
- Meters: Separate Electric,Separate Gas,Common Water
- Gas:
- Electric:
- Garbage:
- Water:
- Sewer:
- Other:
