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834 W Russell Pl- 4 Units 834 W Russell Pl 4 Unit Apartment Building $730,000 ($182,500/Unit) San Antonio, TX 78212
Investment Highlights
- FULLY OCCUPIED FOUR-UNIT ASSET POSITIONED FOR LONG TERM STABILITY AND APPRECIATION.
- RECENT CAPITAL IMPROVEMENTS AND PROXIMITY TO KEY FUTURE DEVELOPMENTS.
- STABILIZED CASH FLOW DUE TO LOW OPERATING COSTS AND MINIMAL MAINTENANCE.
- PRIME LOCATION ONLY 2 MILES FROM THE PEARL AND DOWNTOWN.
Executive Summary
834 W Russell Place is a fully renovated four-unit multifamily property located in the historic Alta Vista neighborhood, just minutes from Downtown San Antonio and The Pearl. Originally constructed in 1925, the building underwent a comprehensive down-to-the-studs renovation completed in summer 2025, including foundation work, new plumbing, electrical, HVAC, insulation, and windows. The only original element retained is the historic exterior brick façade, preserving the property’s character while delivering modern performance. The property totals 2,080 square feet across four 1-bedroom, 1-bath units on approximately 0.13 acres and is fully occupied, offering immediate in-place cash flow. Interior finishes include granite countertops, stainless steel appliances, custom cabinetry, oak wood flooring, tile in wet areas, new interior doors, ceiling fans, and updated lighting fixtures throughout. Operational efficiency is enhanced by individual electric meters and an on-site community washer and dryer, contributing to reduced operating expenses and improved tenant convenience. The recent renovations materially lower near-term capital expenditure risk and position the asset for stable, long-term performance. Situated in one of San Antonio’s most established and supply-constrained neighborhoods, the property benefits from proximity to downtown amenities, universities, and major employment centers, as well as planned infrastructure improvements including the VIA Rapid Green Line. 834 W Russell Place offers a compelling opportunity to acquire a turnkey, cash-flowing multifamily asset that delivers modern investment performance within one of the city’s most historic neighborhoods.
Property Facts
| Price | $730,000 | Apartment Style | Low-Rise |
| Price Per Unit | $182,500 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 2,080 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1925/2025 |
| Zoning | R-5 CD NCD-2 - Residential Single-Family District with Conditional Use Overlay and in Neighborhood Conservation District (Alta Vista) | ||
| Price | $730,000 |
| Price Per Unit | $182,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.13 AC |
| Building Size | 2,080 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1925/2025 |
| Zoning | R-5 CD NCD-2 - Residential Single-Family District with Conditional Use Overlay and in Neighborhood Conservation District (Alta Vista) |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Storage Space
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Double Pane Windows
- Lawn
Site Amenities
- Fenced Lot
- Laundry Facilities
- Recycling
- Trash Pickup - Curbside
- Storage Space
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 2,080 |
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 01877-005-0020 | Improvements Assessment | $214,360 |
| Land Assessment | $125,090 | Total Assessment | $339,450 |
Property Taxes
Parcel Number
01877-005-0020
Land Assessment
$125,090
Improvements Assessment
$214,360
Total Assessment
$339,450
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