About 119 Bank
FULLY OCCUPIED | 11 UNITS | $11,745/MO SCHEDULED RENT | $140,940 ANNUAL SCHEDULED RENT | $91,716 ANNUALIZED NOI | APPROX. 11.5 CAP RATE AT $795K LIST PRICE. Rare income-producing investment opportunity in San Antonio's Lone Star/Southtown corridor near Downtown. This multi-building rental property offers strong in-place cash flow with a diversified unit mix consisting of efficiencies, 1-bedroom apartments, a 3-bedroom/1-bath residence and a two-story co-living/rent-by-room component with 7 rentable bedrooms. CURRENTLY FULLY OCCUPIED with income already in place. The rear building consists of 6 units: three 1-bedroom apartments and three efficiencies. The middle courtyard row includes 3 additional units: two efficiencies and one 1-bedroom. The front portion includes the 3-bedroom/1-bath residence and the two-story co-living house. A central courtyard connects the multi-building property. INVESTOR HIGHLIGHTS: Strong in-place occupancy and cash flow; diversified rental income; established tenant base; and potential for continued operational and rental-income upside. Convenient access to Downtown, Southtown, employment centers, dining, entertainment and major transportation corridors. Investor financial package, current rent roll and operating expense summary available in MLS documents. Buyer to independently verify all financial, zoning, property and operating information.
Features of 119 Bank
| MLS® # | 1926651 |
|---|---|
| Price | $795,000 |
| Number Of Units | 11 |
| Square Footage | 5,510 |
| Acres | 0.22 |
| Year Built | 1949 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | One Story |
| Status | Active |
Community Information
| Address | 119 Bank |
|---|---|
| Subdivision | S DURANGO/PROBANDT |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78204 |
Multi-Unit Information
| Gross Annual Income | $113,820 |
|---|---|
| Net Operating Income | $70,299 |
| Annual Operating Expense | $43,521 |
| Operating Expense Includes | All Utilities, Insurance, Maintenance, Taxes |
Unit 1 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $835 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator |
Unit 2 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $750 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator |
Unit 3 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $785 |
| Occupied | YES |
| Includes | Refrigerator |
Unit 4 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $785 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator |
Unit 5 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $950 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator |
Unit 6 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $695 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator |
Unit 7 Information
| Parking Type | Street |
|---|---|
| Includes | Oven/Stove, Refrigerator |
Unit 8 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Type | Street |
| Handicap Access | YES |
| Rent | $850 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Window Unit |
|---|---|
| Cooling | Window/Wall |
| Has Basement | No |
Exterior
| Exterior | Siding |
|---|---|
| Roof | Composition |
| Construction | Pre-Owned |
| Foundation | Slab |
School Information
| District | San Antonio I.S.D. |
|---|---|
| Elementary | Briscoe |
| Middle | Harris |
| High | Burbank |
Additional Information
| Date Listed | December 5th, 2025 |
|---|---|
| Days on Market | 281 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 8.84 |
| Gross Rent Multiplier | 6.98 |
| Estimated Taxes | $17,852 |
Listing Details
| Agent | Arthur Sable |
|---|---|
| Office | Keller Williams Legacy |
| Contact Info | (210) 986-1165 |