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417 W Gramercy Place, San Antonio, TX 78212

$825,000
  • 417 W Gramercy Place, San Antonio, TX 78212 Main Photo

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Price Change Price Reduced by $25,000 on August 31st, 2026
BEDS8 BATHS8 full SQUARE FEET5,702 MLS#1992559
STATUSPrice Change PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONALTA VISTA SCHOOLSan Antonio ISD

Property Description

Exceptional multifamily investment opportunity in the charming Alta Vista neighborhood. This well-maintained brick 4-plex features four spacious units, each offering approximately 1,400 square feet with 2 bedrooms and 2 full bathrooms, for a total of 5,702 square feet of rentable space. Designed for tenant comfort and operational efficiency, each unit is separately equipped with its own central HVAC system and water heater. Interiors feature bright, open floor plans with large living areas, separate dining spaces, spacious kitchens with appliances included, and beautiful hardwood flooring throughout. Tenants also enjoy access to a dedicated utility building with two washers and two dryers provided at no cost. Significant capital improvements were completed in 2023, including foundation repairs, electrical upgrades, interior and exterior painting, updated lighting and plumbing fixtures, HVAC replacements and servicing, attic insulation improvements, and other deferred maintenance items, helping minimize near-term capital expenditures for a new owner. The property includes a covered parking structure with six off-street parking spaces and offers flexibility for investors seeking stable cash flow or a value-add strategy. Existing lease discussions are underway; however, ownership can pause leasing efforts if a buyer prefers vacant units for renovations or repositioning. Ideally located in the Alta Vista neighborhood, the property provides convenient access to Trinity University, San Antonio College, The Pearl, Downtown San Antonio, major employment centers, dining, entertainment, and cultural attractions. This is a rare opportunity to acquire a sizable multifamily asset in one of San Antonios most established and centrally located neighborhoods.

417 W Gramercy Place | MLS# 1992559

This multi-family property located at 417 W Gramercy Place, San Antonio, TX 78212 is currently listed for sale with an asking price of $825,000. W Gramercy Place 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: Three+ Central
Fuel Type: Natural Gas
Lot Size: 0.28 Acres
Taxes: $15,497
Year Built: 1931

Units

Unit Type 1:
Bedrooms: 2
Full Bath(s): 2
Half Bath(s): 0
Rent: $1650.00
Unit Type 2:
Bedrooms: 2
Full Bath(s): 2
Half Bath(s): 0
Rent: $1650.00
Unit Type 3:
Bedrooms: 2
Full Bath(s): 2
Half Bath(s): 0
Rent: $1650.00
Unit Type 4:
Bedrooms: 2
Full Bath(s): 2
Half Bath(s): 0
Rent: $1650.00

Feature Descriptions

Builder Name: NA
Days on Site: 81
Energy Efficient: Ceiling Fans
Exterior: Patio Slab, Covered Patio, Common Utility Room
Exterior: Brick
HOA Mandatory: No
Miscellaneous: City Bus
Supplier - Electric: CPS
Supplier - Garbage: CITY
Supplier - Gas: CPS
Supplier - Sewer: SAWS
Supplier - Water: SAWS
Tax By Multiple Counties: No
Type: Two Story
Units: 4

Local Schools

High School: Edison
Middle School: Cotton
Elementary School: Cotton
School District: San Antonio ISD

Listed By / Shown By

Listed By

Agency Name: Kuper Sothebys Intl Realty
Agency Phone: (210) 822-8602

Shown By

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

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Estimated Payment

$ 3,368.13 per month $1,836.09 Principal & Interest $1,291.42 Property Tax $240.63 Homeowner's Insurance

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