3221 N FLORES, SAN ANTONIO, TX 78212
Homes for sale in San Antonio.
Homes for sale in 78212.
List Price$950,000
3221 N Flores
San Antonio, TX 78212
Listing #1939828
6
Number of Units
Multi-Unit Residential
Type
About This Property
Alta Vista Value-Add Multifamily | 6 Units | Over 4,000 SF Exceptional value-add multifamily opportunity in the desirable Alta Vista neighborhood. This 6 unit property totaling over 4,000 square feet is being offered as an estate sale and presents substantial upside for investors seeking a repositioning or redevelopment play.The property is not currently operating at market efficiency. There are no long-term leases in place. Three of the six units are occupied on a month-to-month basis at below-market rents, offering immediate rent-growth potential. One unit is occupied by a family member at no rent, and another unit is a 2-bedroom / 1-bath currently under construction, providing a clear path to additional value upon completion by the new owner. The remaining unit offers further opportunity for optimization.Notable features include a central courtyard, on-site parking lot, and a in-ground swimming pool. Rare amenities that support future rent premiums once the property is stabilized and professionally managed.Located along N Flores, the asset benefits from proximity to downtown San Antonio, The Pearl, and major employment centers, making it well-positioned for long-term demand. This is a true investor asset ideal for rent optimization, light-to-moderate renovation, completion of existing improvements, and professional management. Strong fundamentals, flexible occupancy, and multiple value-creation strategies make this an increasingly rare opportunity in Alta Vista.
Listing Courtesy of Joel Leos, Keller Williams Heritage (224) 634-8877
Property Features
Location Information
County
Bexar
Subdivision
ALTA VISTA
MLS Area
0900
Interior Features
Heating
3+ Units
Unit 2 Features
Bedrooms: 2, FullBaths: 1, HalfBaths: 0
Heating Fuel
Electric
Unit 3 Features
Bedrooms: 1, FullBaths: 1, HalfBaths: 0
Cooling
3+ Window/Wall
Unit 4 Features
Bedrooms: 1, FullBaths: 1, HalfBaths: 0
Floors
Wood
Total Number of Units
6
Unit 1 Features
Bedrooms: 2, FullBaths: 1, HalfBaths: 0
Exterior Features
Exterior
Solar Screens, In-Ground Pool, Cable TV Available, Common Utility Room, Other - See Remarks
Water / Sewer
City
Siding
Siding
Lot Size
0.286
Builder
Unknown
Zoning
R-6 CD NCD-2
Roof
Composition, Metal
School
School District
San Antonio I.S.D.
Jr. High School
Call District
Elementary School
Call District
High School
Call District
Additional Information
Property Type
RI
Status
Active
Year Built
1926
None
Gross Annual Income
38,952
Similar Listings
Mortgage Calculator
$4,435
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,423
Monthly Tax
$791
Monthly Insurance
$221
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score

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© 2026 LERA MLS. All rights reserved.
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the LERA MLS. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
LERA MLS data last updated at May 28, 2026, 1:49 PM CT
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