TRANSLATE
SIGN UP LOGIN

406 E Mulberry, San Antonio, TX 78212

$849,950
  • 406 E Mulberry, San Antonio, TX 78212 Main Photo

48 Total Photos [Click to View All]

New to the Market New
BEDS6 BATHS5 full SQUARE FEET3,180 MLS#1999627
STATUSNew PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMONTE VISTA SCHOOLSan Antonio ISD

Property Description

Own an income-producing triplex in the heart of Monte Vista, one of San Antonios most storied historic districts. Built in 1925 in classic Mediterranean style, this three-unit property sits directly across the street from Trinity University, a busy, high-traffic corner that keeps rental demand strong year-round. All three units have stayed consistently occupied, with a strong history of full occupancy and no vacancy. Three separate units make this a smart income play or a live-in-one, rent-the-others setup. The top unit is a spacious 3 bed, 2 bath. The lower unit is a comfortable 2 bed, 2 bath. A private studio over the garage rounds it out, perfect for a third tenant or short-term rental upside. About 3,540 square feet of livable space across all three units. This is a strong fit for a 1031 exchange buyer looking to move their proceeds and step up into a stable, income-producing property in a premium location. Two of the three units have already been updated, with newer kitchens, bathrooms, flooring, fresh drywall and paint, and updated laundry areas. The upstairs is next in line for the same treatment, which gives a new owner a clear path to add value. Theres also room to adjust rents for future tenants in line with strong area demand, creating an opportunity for the right investor to grow income over time. Property is directly across from Trinity University and just minutes from the Pearl, downtown San Antonio, and the Broadway Corridor, with the St. Marys Strip, San Antonio Museum of Art, and Brackenridge Park all close by. Walk to Landa Library, coffee, and local favorites like La Fonda on Main. Steady rental demand comes built in from Trinity students, faculty, and young professionals who want to live in the middle of it all. A newer roof, roughly two years old, is a significant advantage for a home of this age. Original 1925 character, a full basement, deck, and extra storage give it the kind of charm you just cant rebuild.

406 E Mulberry | MLS# 1999627

This multi-family property located at 406 E Mulberry, San Antonio, TX 78212 is currently listed for sale with an asking price of $849,950. E Mulberry is located within the San Antonio ISD school district. Search San Antonio real estate on www.kellyrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Multi-Unit Central, Three+ Central
Fuel Type: Electric
Lot Size: 0.16 Acres
Taxes: $13,300
Year Built: 1925

Units

Unit Type 1:
Bedrooms: 3
Full Bath(s): 2
Half Bath(s): 0
Rent: $1900.00
Unit Type 2:
Bedrooms: 2
Full Bath(s): 2
Half Bath(s): 0
Rent: $1900.00
Unit Type 3:
Bedrooms: 1
Full Bath(s): 1
Half Bath(s): 0
Rent: $1015.00

Feature Descriptions

Builder Name: Unknown
Days on Site: 3
Exterior: 4 Sides Masonry, Wood
Exterior: Mature Trees, Detached Quarters, Cable TV Available
Foundation: Slab
HOA Mandatory: No
Miscellaneous: Historic District
Supplier - Electric: CPS
Supplier - Garbage: CITY
Supplier - Gas: CPS
Supplier - Sewer: SAWS
Supplier - Water: SAWS
Tax By Multiple Counties: No
Type: Two Story
Units: 3

Local Schools

High School: Call District
Middle School: Call District
Elementary School: Call District
School District: San Antonio ISD

Listed By / Shown By

Listed By

Agency Name: Redbird Realty LLC
Agency Phone: (210) 783-0100

Shown By

Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

IDX logo

Estimate Your Payment

Estimated Payment

$ 3,247.86 per month $1,891.62 Principal & Interest $1,108.33 Property Tax $247.90 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel