$699,000

1409 W Woodlawn, San Antonio, TX 78201

7,484 sqft

Multi-Family Home
Built in 1940
0.44acre lot
—— car garage
$93/sqft
Listed 1 month ago

Property Description

Prime value-add 8-plex offered at $699,000. 1409 W Woodlawn Ave is a 1940-built, 2-story, brick multifamily property totaling 10,851 SF on a 0.44-acre lot with MF-33 (Multi-Family District) zoning. Partial value-add has already been completed: 6 of 8 units have been renovated and are now demanding higher rates based on historical lease rates, leaving additional investor upside to complete the remaining improvements and pursue minor cosmetic upgrades that could support further rent growth. Exterior/curb appeal upside includes a landscaping refresh to enhance tenant appeal and marketability. Stabilized proforma NOI: $58,080, translating to an 8.31% stabilized cap rate at the offering price. Infill location with strong lifestyle and demand drivers: Woodlawn Lake Park ~0.9 mi (18-min walk) and San Pedro Springs Park ~1.5 mi (3-min drive). Nearby retail includes Deco Plaza ~0.6 mi (12-min walk). Education anchors nearby: San Antonio College ~1.6 mi (4-min drive), Trinity University ~3.5 mi, and St. Mary's University ~4.0 mi. The area is approximately 3 miles northwest of Downtown San Antonio. Disclaimer: Buyer to independently verify all information, including zoning, square footage, unit mix, income/expenses, distances, and to complete their own underwriting.

Listing Status:: Active
Date Added:: January 9, 2026
Data Last Updated:: February 18, 2026 at 7:53AM
Listing Office:: Devora Realty : (512) 961-9084
Listing Agent:: Nathan Young : (210) 668-6844
MLS ID:: 1932637

Flooring: Wood
A/C: Window/Wall
Heating: Window UnitOther

General: BrickMature Trees

School District: San Antonio I.S.D.
County: Bexar

Zoning: Ncb 6480 Blk 1 Lot 6263646566 & W 12.5 Ft Of 61064800010620

Water: Water SystemSewer System

This listing courtesy of Nathan Young , Devora Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Beacon Hill Academy

1411 W Ashby Pl, San Antonio, TX, 78201

Grades PK-8

0.31 miles away

Beacon Hill Academy

1411 W Ashby Pl, San Antonio, TX, 78201

Grades PK-8

0.31 miles away

Young Women's Leadership Academy

2123 W Huisache Ave, San Antonio, TX, 78201

Grades 6-12

1.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.