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1409 W Woodlawn
San Antonio TX 78201 US

$599,000

Active Listing ID 1932637
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Lot: 0.44 Acres
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Other

$599,000

Active Listing ID 1932637
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1409 W Woodlawn Prime value-add 8-plex offered at $650, 000 in a highly desirable infill San Antonio location. Built in 1940, 1409 W Woodlawn Ave is a two-story brick multifamily property totaling 10, 851 SF on a 0.44-acre lot, zoned MF-33 (Multi-Family District). The property presents a compelling value-add opportunity, with 6 of 8 units already renovated and achieving higher market rents based on historical leasing trends. The remaining 2 units offer immediate upside, along with additional potential through light cosmetic upgrades and continued rent optimization. A key differentiator is the full basement level, featuring individual storage cages and existing laundry connections, offering a clear path to additional revenue streams through tenant storage and on-site laundry income-further enhancing overall returns. Stabilized proforma NOI is projected at $58, 080, translating to an 8.31% cap rate at the offering price. Additional upside exists through exterior improvements, including a landscaping and curb appeal refresh to further elevate tenant demand and market positioning. Ideally located near strong lifestyle and employment drivers, the property is just 0.9 miles from Woodlawn Lake Park, 1.5 miles from San Pedro Springs Park, and 0.6 miles from Deco Plaza retail. It also benefits from proximity to major educational institutions including San Antonio College (1.6 miles), Trinity University (3.5 miles), and St. Mary's University (4.0 miles). Downtown San Antonio is approximately 3 miles away. Seller is motivated and offering up to $20, 000 in closing cost assistance, creating an attractive opportunity for investors to reduce upfront capital and enhance overall returns. With a strong combination of in-place income, proven renovation upside, and additional revenue potential, this asset is well-positioned for investors seeking both cash flow and long-term appreciation.

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Property Features

  • Facts
  • Lot Size: 0.44 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other

School Information

  • School
  • Call District(Elementary)
  • Call District(MiddleSchool)
  • Call District(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 599000
  • unparsedaddress: 1409 W Woodlawn
  • postalcity: San Antonio
  • stateorprovince: TX
  • country: US
  • postalcode: 78201
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.438
  • lotsizeunits: Acres
  • lotsizearea: 0.438
  • livingarea: 7484
  • livingareaunits: Square Feet
  • latitude: 29.453472
  • longitude: -98.517515
  • listagentfullname: Nathan Young
  • listagentemail: info@devorarealty.com
  • listagentkey: 3yd-SABORTX-699396
  • listagentmlsid: 699396
  • listagentpreferredphone: (512) 400-4248
  • listagentofficephone: 5129619084
  • listofficekey: 3yd-SABORTX-DEVO00
  • listofficemlsid: DEVO00
  • disclaimer: Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SABORTX
  • yearbuilt: 1940
  • listagenturl: http://www.devorarealty.com
  • countyorparish: Bexar
  • elementaryschool: Call District
  • highschool: Call District
  • elementaryschooldistrict: San Antonio I.S.D.
  • middleorjuniorschooldistrict: San Antonio I.S.D.
  • highschooldistrict: San Antonio I.S.D.
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -98.51752, 29.453472
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Devora Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"info@devorarealty.com", "ListBrokerageCity":"Austin", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@devorarealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Devora Realty, LLC", "ListBrokeragePhone":"(512) 400-4248", "ListBrokeragePostalCode":"78702", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":"Ste 107", "ListBrokerageUnparsedAddress":"1200 E. 11th Street", "ListBrokerageWebsiteUrl":"http://www.devorarealty.com", "ListOfficeAddress1":"1200 E 11th Street ", "ListOfficeAddress2":"Ste 107", "ListOfficeBrokerMlsId":"DEVO00", "ListOfficeCity":"Austin", "ListOfficeCountry":"US", "ListOfficeEmail":"johnnydevora@devorarealty.com", "ListOfficePostalCode":"78702", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - San Antonio, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1409-W-Woodlawn-Ave_San-Antonio_TX_78201_M74577-98688?f=listhub&s=SABORTX&m=1932637&c=rexren", "MLSModificationTimestamp":"2026-05-29 19:49:50", "Neighborhoods":[{"Description":null, "Name":"0800"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":15253, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/31/2026 5:40:48 PM GMT
Source Updated Date: 6/4/2026 12:54:43 AM GMT

Courtesy of: Nathan Young, Devora Realty, info@devorarealty.com

Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.