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603 E Grayson St
San Antonio, TX 78208
603 E Grayson · Multifamily Property For Sale · 5 Units

Investment Highlights

  • Irreplaceable Location: Steps to the Pearl, the River Walk Museum Reach, and the BESA/Broadway East retail expansion.
  • Favorable Urban Demographics: Rising incomes and continued in-migration in the urban core; strong renter demand for character properties in walkable
  • Surrounded by redeveloped properties: Restaurants, Bars, Office, Retail & Large Multi-Family
  • Multiple Exit Options: Hold as cash-flowing urban apartments, convert to corporate/furnished rentals, or pursue higher/better use via rezoning.
  • Nearby Catalysts: New luxury retail and mixed-use across from the Pearl; Jefferson Bank headquarters at Broadway & Grayson; Alamo Colleges District
  • Hold as Multi-Family, Rezone and Redevelop on your own Timeframe

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Apartments
  • Office Office Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.38 AC
Building Size 7,633 SF
Average Occupancy 80%
No. Stories 2
Year Built/Renovated 1957/2010
Zoning RM-5 - Single-family dwelling (detached, attached or townhouse), two-family dwelling, three-family dwelling, four-family dwelling, row-house or zero-lot line

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Yard
  • Family Room
  • Lawn
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • Picnic Area
  • Vintage Building
  • Bicycle Storage
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $875.00 350
1+1 1 $1,120 902
2+1.5 2 $1,600 1,171 - 1,215
2+2 1 $1,850 1,088

Property Taxes

Property Taxes

Parcel Number
00046-001-0050
Land Assessment
$869,000
Improvements Assessment
$1,000
Total Assessment
$870,000
  • Listing ID: 37261727

  • Date on Market: 8/13/2025

  • Last Updated:

  • Address: 603 E Grayson St, San Antonio, TX 78208

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