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122 W Formosa

San Antonio, TX 78221
  • $499,900
  • STATUS: Price Change
  • ON SITE: 22 Days
  • MLS #: 2018981
Price Reduced
UPDATED: 47 min ago
$499,900
  • 0
    BEDS
  • 0.62
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,424
    SQFT
  • $206
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Rare opportunity to acquire a fully occupied 6-unit multifamily property situated on approximately 0.61 acres in South San Antonio. The property offers an established rental-income stream with all seven units currently occupied, making it an attractive opportunity for investors seeking an income-producing asset with additional long-term potential. IDZ zoning increases future development possibilities.

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LERA MLS

© 2026 Information provided courtesy of LERA MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the LERA MLS or The Forde Group | Real Brokerage LLC. Last updated 2026-10-17T19:32:52.737.
www.dylanforderealestate.com/homes/181520022
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122 W Formosa San Antonio, TX 78221

  • Price: $499,900
  • Status: Price Change
  • On Site: 22 Days
  • Updated: 47 min ago
  • MLS #: 2018981
0
Beds
0
Baths
0
½ Baths
0.62
Acres
2,424
SQFT
$206
$/SQFT
1930
Built
Neighborhood:
Harlandale
County:
Bexar
Area:
San Antonio
Elementary School:
Bellaire
Middle School:
Terrell Wells
High School:
Mccollum
School District:
Harlandale I.S.D
Property Description
Rare opportunity to acquire a fully occupied 6-unit multifamily property situated on approximately 0.61 acres in South San Antonio. The property offers an established rental-income stream with all seven units currently occupied, making it an attractive opportunity for investors seeking an income-producing asset with additional long-term potential. IDZ zoning increases future development possibilities.
Exterior Features

Exterior Other Exterior Features Decorative BarsMature TreesDetached Quarters Foundation SlabOther Roof Composition Unit Five Parking Spaces 1 Unit Five Parking Type Pad Unit Four Parking Spaces 1 Unit Four Parking Type Pad Unit One Parking Spaces 2 Unit One Parking Type Pad Unit Six Parking Spaces 1 Unit Six Parking Type Pad Unit Three Parking Spaces 1 Unit Three Parking Type Pad Unit Two Parking Spaces 1 Unit Two Parking Type Pad

Interior Features

Air Conditioning Window/Wall Floor Other Heating Other Heating Fuel Other Unit Five Beds 1 Unit Five Full Baths 1 Unit Five Half Baths 0 Unit Five Handicap Access No Unit Five Info Other Unit Four Beds 1 Unit Four Full Baths 1 Unit Four Half Baths 0 Unit Four Handicap Access No Unit Four Info Other Unit One Beds 1 Unit One Full Baths 1 Unit One Half Baths 0 Unit One Handicap Access No Unit One Info Other Unit Six Beds 1 Unit Six Full Baths 1 Unit Six Half Baths 0 Unit Six Handicap Access No Unit Six Info Other Unit Three Beds 1 Unit Three Full Baths 1 Unit Three Half Baths 0 Unit Three Handicap Access No Unit Three Info Other Unit Two Beds 0 Unit Two Full Baths 1 Unit Two Half Baths 0 Unit Two Handicap Access No Unit Two Info Other

Property Features

Annual Operating Expense 30000 Approx Age 96 For Sale Or Rent For Sale Gross Annual Income 64800 Hoa Mandatory None Meters Common WaterCommon Electric Multifamily Type One Story Net Operating Income 34800 Operating Expense Includes TaxesInsuranceAll Utilities Proposed Terms ConventionalVACashInvestors OK Source Sq Ft Appsl Dist Subdivision Legal Name HARLANDALE SW Taxed By Multiple Counties No Total Tax 10955 Unit Five Rent 850 Unit Four Rent 950 Unit One Rent 1000 Unit Six Rent 850 Unit Three Rent 950 Unit Two Rent 800 Utility Supplier Other 2107885981 Vacancy Rate 0 Water Sewer City

Listing information © Copyright 2026 San Antonio Board of REALTORS®, All Rights Reserved.
Listing provided courtesy of Rick Pineda of Mission Real Estate Group: rickpineda1712@gmail.com, (210) 788-5981.
LERA MLS

© 2026 Information provided courtesy of LERA MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the LERA MLS or The Forde Group | Real Brokerage LLC. Last updated 2026-10-17T19:32:52.737.
 
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