432 South Olive Street

San Antonio, TX 78203

$650,000
Price
—
Beds
4,019 Sq. Ft.
$162 / Sq. Ft.
4,019
Sq. Ft.
$162
per Sq. Ft.

Description

Gorgeous garden-style apartments located in the heart of San Antonio, offering modern upgrades and thoughtful design. Each unit is equipped with washer/dryer hookups and a sleek Ikea kitchen. Climate control is effortless with energy-efficient mini-split systems installed in every bedroom and living area, ensuring optimal comfort while managing utility costs. Tenants will enjoy the convenience of on-demand hot water provided by tankless water heaters. Extensive updates were completed in 2018, including...Gorgeous garden-style apartments located in the heart of San Antonio, offering modern upgrades and thoughtful design. Each unit is equipped with washer/dryer hookups and a sleek Ikea kitchen. Climate control is effortless with energy-efficient mini-split systems installed in every bedroom and living area, ensuring optimal comfort while managing utility costs. Tenants will enjoy the convenience of on-demand hot water provided by tankless water heaters. Extensive updates were completed in 2018, including updated electrical and plumbing systems, as well as foundational improvements, new siding, and energy-efficient windows. Additional highlights include a new roof (approximately 3 years old), recently installed Mitsubishi mini-splits in one unit (approximately 1 year old), and a water softening system added in 2020. One unit also features a brand-new tankless water heater installed this year. Prime Location: Located just minutes away from some of San Antonio's most popular attractions, including the Alamodome, Hemisfair Park, the River Walk, and the historic Pearl District, this property offers unparalleled convenience and lifestyle appeal. The vibrant Southtown arts district and numerous dining and shopping options are also within easy reach. Short-Term Rental Potential: Given its proximity to major attractions, this property holds excellent potential for short-term rentals, catering to tourists and visitors seeking a central location with modern amenities. Value-Add Opportunity: Increase rental income by adjusting currently below-market rents and implementing a water charge-back system. This property offers both a stable income stream and the potential for enhanced returns. It's an ideal investment for those seeking a well-maintained, income-producing asset in a thriving market.
  1. Listed by Sterling Williams • TREC #682359 • Real • Swilliams@multiunitx.com

Property Details for 432 South Olive Street

School District
San Antonio I.S.D.
Subdivision
DENVER HEIGHTS
Exterior
Cement Fiber
LISTING UPDATED: 01/02/2025 10:33 AM

Property Details for 432 South Olive Street

StatusActive
MLS #1830647
Days on Market16
Taxes$13,055 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Two Story
Year Built1918
Lot Size0.13 AC / 5,619 SF
CountyBexar County

Building Information for 432 South Olive Street

Stories-Residences4Year Built1918Building Size-Lot Size0.13 AC / 5,619 SF

Property Information for 432 South Olive Street

Summary
Location and General Information
  • Area: 1200
  • Elementary School: Call District
  • Middle School: Call District
  • High School: Call District
  • Zip Code Plus: 1342
  • Instruction/Direction: Commerce to Olive
  • Accessible/Adaptive Home: No
  • County: Bexar
  • State: TX
  • Zip: 78203-1342
  • City: San Antonio
Taxes and HOA Information
  • HOA Mandatory: None
  • Taxed By Mltpl Counties: No
  • Tax Property ID: 006260020281
Property
Property and Assessments
  • Legal Description: NCB 626 BLK 2 LOT 28, S 7 FT OF 29, W 26.9 FT OF 27 & S 7 OF
  • Subdivision Legal Name: DENVER HEIGHTS
  • Builder Name: Unknown
  • Year Built: 1918
  • Type: Two Story
Lot Information
  • Source Sqft: Appsl Dist
  • Legal Desc-Lot: 28
  • Square Feet: 4019.0
  • Apprx Age: 107
  • Lot Size: 0.129
Utilities
  • Air Conditioning: 3+ Window/Wall
  • Heat: Central
  • Heating Fuel: Electric
  • Meters: Separate Electric, Separate Gas, Common Water
Interior and Exterior Features
Interior Features
  • Flooring: Vinyl
Exterior Features
  • Roofing: Composition
  • Proposed Terms: Conventional, Cash
Multi Family
Multi-Family Information
  • Annual Operating Expense: 15339.0
  • Gross Annual Income: 53925.0
  • Operating Expense Includes: Taxes, Insurance
  • Net Operating Income: 38586.0
Unit 1
  • Unit 1 Info: Oven/Stove, Dishwasher, Refrigerator, Washer Connection, Dryer Connection
  • U1 Occupied: Yes
  • U1 Bedroom: 2
  • U1 Fulls Baths: 1
  • U1 Half Baths: 0
  • U1 Handicap Access: No
  • U1 Num of Parking Spaces: 1
  • U1 Park Type: Pad
  • U1 Rent: $1,200.00
Unit 2
  • Unit 2 Info: Oven/Stove, Dishwasher, Refrigerator, Washer Connection, Dryer Connection
  • U2 Occupied: No
  • U2 Bedroom: 1
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 Handicap Access: No
  • U2 Num of Parking Spaces: 1
  • U2 Park Type: Pad
  • U2 Rent: $1,060.00
Unit 3
  • Unit 3 Info: Oven/Stove, Dishwasher, Refrigerator, Washer Connection, Dryer Connection
  • U3 Occupied: Yes
  • U3 Bedroom: 2
  • U3 Full Baths: 1
  • U3 Half Baths: 0
  • U3 Handicap Access: No
  • U3 Num of Parking Spaces: 1
  • U3 Park Type: Pad
  • U3 Rent: $1,135.00
Unit 4
  • Unit 4 Info: Oven/Stove, Dishwasher, Refrigerator, Washer Connection, Dryer Connection
  • U4 Occupied: Yes
  • U4 Bedroom: 3
  • U4 Full Baths: 2
  • U4 Half Baths: 0
  • U4 Handicap Access: No
  • U4 Num of Parking Spaces: 1
  • U4 Park Type: Pad
  • U4 Rent: $1,300.00
Agent
Sale and Listing
  • Contract: Exclusive Right To Sell

Property History for 432 South Olive Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 432 South Olive Street

Taxable ValueLand$138,680Additions$396,320Total$535,000
Tax Record2023$13,710 ($1,143 / month)
Home Facts
Total Finished SqFt2,576 SqFtAbove Grade Finished SqFt2,576 SqFtStories1Lot Size5,633 SqFtStyleMulti-Family Res (5+ Units)Year Built1918CountyBEXARAPN00626-002-0281

Schools near 432 South Olive Street

This home is within San Antonio Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 8
Public - 9 to 12
Charter - 6 to 7
Rating
School
Distance
Douglass El
PublicPK to 5

Poe Middle School
Public8

Brackenridge High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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432 South Olive Street is a multi-family home for sale in San Antonio, TX 78203. This property was listed for sale on December 20, 2024 by Real, it's currently listed at $650,000. It has been on the market for a total of 16 days and was last sold on October 30, 2019. This listing's school district is San Antonio Independent School District. Nearby schools include Douglass El, Poe Middle School and Brackenridge High School. 432 South Olive Street is a 0-bed, 0-bath, 4,019 sqft multi-family home built in 1918.

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Listing Courtesy of Real

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