Listed by Nacole Ricks of eXp Realty
Positioned in San Antonio's highly desirable Museum District, this 18-unit multifamily property offers a unique combination of in-place cash flow, renovation upside, and rooftop downtown skyline views. Located along the well-traveled Fredericksburg corridor (20,000+ vehicles daily), the property is within walking distance to H-E-B, restaurants, coffee shops, and city transit-delivering an ideal location for working professionals and Medical Center commuters alike. Originally built in 1955 and meticulously maintained, the building spans roughly 9,456 SF on a prime corner lot. Five of the 18 units have been recently renovated (2025 scope), featuring upgraded flooring, modern lighting, refreshed kitchens and baths, and improved fixtures. The remaining units present a straightforward value-add opportunity to further increase rent potential. All units are individually metered for electricity, with 18 surface parking spaces and on-site laundry facilities (ownership retains income). The flat rooftop provides expansive downtown San Antonio views-offering potential for a branded rooftop deck or tenant amenity space. With strong in-place occupancy and a proven rent roll (approx. $14,825/mo.), investors can achieve solid returns today and meaningful upside through additional renovations, RUBS implementation, and common-area enhancements.

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Property Details of 2031 Fredericksburg

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Based on information submitted to LERA MLS as of December 4, 2025 10:02 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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