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Investment Highlights

  • Fourplex with two separate buildings
  • Washer & dryer hookups in every unit
  • 2 bed / 2 bath units in all four residences
  • Tenant's pay all utilities

Executive Summary

Turnkey Fourplex Investment in Prime North Central Location
Don’t miss this outstanding investment opportunity in a highly desirable North Central location within the acclaimed NEISD school district. This well-maintained fourplex features two separate buildings on a very large lot, offering excellent layout, privacy, and long-term tenant appeal.
Each of the four spacious units offers 2 bedrooms and 2 bathrooms with an open floor plan designed for comfortable living. Every unit includes its own washer and dryer hookups, providing added convenience for tenants and increasing rental demand.
The property is structured for strong investment performance: tenants pay all their own utilities, helping minimize operating expenses. Each unit also includes two dedicated parking spaces, ensuring ample parking for residents and guests.
This fully turnkey property is ideal for investors seeking immediate income potential in a stable, high-demand rental area. With its generous lot size, attractive unit layouts, and excellent location, this property presents a rare opportunity to add a solid performing asset to your portfolio.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $50,706 $14.20
Other Income $480 $0.13
Vacancy Loss - -
Effective Gross Income $51,186 $14.33
Taxes $10,204 $2.86
Operating Expenses $10,316 $2.89
Total Expenses $20,520 $5.74
Net Operating Income $30,666 $8.59

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $50,706
Annual Per SF $14.20
Other Income
Annual $480
Annual Per SF $0.13
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $51,186
Annual Per SF $14.33
Taxes
Annual $10,204
Annual Per SF $2.86
Operating Expenses
Annual $10,316
Annual Per SF $2.89
Total Expenses
Annual $20,520
Annual Per SF $5.74
Net Operating Income
Annual $30,666
Annual Per SF $8.59

Property Facts

Price $475,000
Price Per Unit $118,750
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.41 AC
Building Size 3,572 SF
Average Occupancy 100%
No. Stories 1
Year Built 2009
Parking Ratio 3.08/1,000 SF
Zoning MF-33

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Carpet
  • Dining Room
  • Family Room

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 4 $1,100 893

Property Taxes

Property Taxes

Parcel Number
11723-007-0150
Land Assessment
$116,430
Improvements Assessment
$333,570
Total Assessment
$450,000
Annual Taxes
$10,204 ($2.86/SF)
Tax Year
2025
  • Listing ID: 39792527

  • Date on Market: 3/16/2026

  • Last Updated:

  • Address: 10911 Baltic St, San Antonio, TX 78213

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