About 146 Fairview
Discover a compelling value add multifamily opportunity in San Antonio's Riverside neighborhood, ideally positioned near Fair Ave and I37 for effortless access to Downtown, major interstates and nearby Southtown. This 9unit property has already benefited from significant upgrades-including a new roof installed in Feb 2025, all new Foundation and Plumbing replacement just over a year ago. Owner added new boilers, new laundry room hookups, new stoves and refrigerators, installation of new mini-splits throughout all units in the primary 7-unit structure, new fully painted interior and new partially painted exterior-leaving the next owner to just polish up exterior cosmetics, Unit 8, and unlock full income potential. The main building offers 7 units (4 upstairs, 3 downstairs), complemented by 2 units in a detached dwelling. Set on a spacious 13,000 SF corner lot, the property provides generous parking and a covered 2car carport. With separately metered electricity and shared water/sewer, this asset is primed for streamlined management and future rent growth. Ideal for investors seeking light projects with major progress made and upside remaining.
Features of 146 Fairview
| MLS® # | 1946132 |
|---|---|
| Price | $549,995 |
| Number Of Units | 9 |
| Square Footage | 3,260 |
| Acres | 0.30 |
| Year Built | 1907 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active |
Community Information
| Address | 146 Fairview |
|---|---|
| Subdivision | Fair |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78223 |
Multi-Unit Information
| Gross Annual Income | $70,000 |
|---|---|
| Net Operating Income | $53,161 |
| Annual Operating Expense | $16,839 |
| Operating Expense Includes | Taxes, Insurance |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad, Street |
| Handicap Access | NO |
| Rent | $1,200 |
| Occupied | NO |
| Includes | Oven/Stove, Refrigerator |
Unit 2 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad, Street |
| Handicap Access | NO |
| Rent | $750 |
| Occupied | NO |
| Includes | Oven/Stove, Refrigerator |
Unit 3 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad, Street |
| Handicap Access | NO |
| Rent | $750 |
| Occupied | NO |
| Includes | Oven/Stove, Refrigerator |
Unit 4 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad, Street |
| Handicap Access | NO |
| Rent | $750 |
| Occupied | NO |
| Includes | Oven/Stove, Refrigerator |
Unit 5 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad, Street |
| Handicap Access | NO |
| Rent | $750 |
| Occupied | NO |
| Includes | Oven/Stove, Refrigerator |
Unit 6 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad, Street |
| Handicap Access | NO |
| Rent | $750 |
| Occupied | NO |
| Includes | Oven/Stove, Refrigerator |
Unit 7 Information
| Parking Type | Pad, Street |
|---|---|
| Includes | Oven/Stove, Refrigerator |
Unit 8 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Carport, Pad, Street |
| Handicap Access | NO |
| Rent | $750 |
| Occupied | NO |
| Includes | Oven/Stove, Refrigerator |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Other |
|---|---|
| Cooling | Window/Wall, 3+ Window/Wall |
| Has Basement | No |
Exterior
| Exterior | Wood, Siding |
|---|---|
| Exterior Features | Mature Trees, Detached Quarters, Level |
| Roof | Composition |
| Construction | Pre-Owned |
| Foundation | Slab |
School Information
| District | San Antonio I.S.D. |
|---|---|
| Elementary | Riverside Park |
| Middle | Poe |
| High | Brackenridge |
Additional Information
| Date Listed | March 3rd, 2026 |
|---|---|
| Days on Market | 132 |
| Zoning | MF-33 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 9.67 |
| Gross Rent Multiplier | 7.86 |
| Estimated Taxes | $10,241 |
Listing Details
| Agent | Michelle Shipman |
|---|---|
| Office | The Agency San Antonio |
| Contact Info | (210) 849-2805 |