3221 N Flores, San Antonio, TX 78212

• 4,039 sqft

Property Description

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 Status:

Active

Date Added:

February 16, 2026

Data Last Updated:

June 13, 2026 at 11:53PM

Listing Office:

Keller Williams Heritage : (210) 493-3030

Listing Agent:

Joel Leos : (224) 634-8877

MLS ID:

1941710

Construction

• Roofing: CompositionMetal

Location

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

Lot

• Zoning: R-6 CD NCD-2Ncb 1800 Blk 8 S 83.33 Ft Of 89 & 10 Arb A21018000080080
• Restrictions: Other