About 127 W Magnolia Ave
A remarkable opportunity to acquire a stately 12-unit multifamily property prominently situated on a corner lot in the Monte Vista Historic District-one of the city's most beloved neighborhoods. Offered for the first time in more than five decades, this fine, historic apartment building offers enduring charm and architectural significance. Each of the 12 apartments features 2 bedrooms and 1 bath, offering comfortable living and strong rental appeal. Intact original design details and craftsmanship reflect the neighborhood's rich legacy. Long-term tenants and consistent occupancy offer immediate stability with the opportunity to unlock upside through tasteful renovations and modern enhancements. With its rich heritage and enduring presence in the neighborhood, this property offers a rare chance to carry forward a legacy-while unlocking its full potential for the future. Please do not approach or engage with current residents. Please note that listing broker has a partial ownership interest in this property.
Features of 127 W Magnolia Ave
| MLS® # | 1958681 |
|---|---|
| Price | $1,380,000 |
| Number Of Units | 12 |
| Square Footage | 11,258 |
| Acres | 0.42 |
| Year Built | 1927 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active |
Community Information
| Address | 127 W Magnolia Ave |
|---|---|
| Subdivision | Monte Vista |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78212 |
Multi-Unit Information
| Gross Annual Income | $159,092 |
|---|---|
| Net Operating Income | $64,490 |
| Annual Operating Expense | $86,647 |
| Operating Expense Includes | Taxes, Insurance, Maintenance, Management, All Utilities |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $945 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Window Coverings |
Unit 2 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $945 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Window Coverings |
Unit 3 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,068 |
| Occupied | NO |
| Includes | Oven/Stove, Refrigerator, Window Coverings |
Unit 4 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $995 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Window Coverings |
Unit 5 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $995 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Window Coverings |
Unit 6 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,168 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Window Coverings |
Unit 7 Information
| Parking Type | Pad |
|---|---|
| Includes | Oven/Stove, Refrigerator, Window Coverings |
Unit 8 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $995 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Window Coverings |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Other, Window Unit |
|---|---|
| Cooling | Window/Wall |
| Has Basement | No |
Exterior
| Exterior | Stucco, 4 Sides Masonry |
|---|---|
| Exterior Features | Mature Trees, Level, Common Utility Room, Solar Screens, Special Yard Lights |
| Roof | Other |
School Information
| District | San Antonio I.S.D. |
|---|---|
| Elementary | Call District |
| Middle | Call District |
| High | Call District |
Additional Information
| Date Listed | April 16th, 2026 |
|---|---|
| Days on Market | 88 |
| Zoning | MF33 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 4.67 |
| Gross Rent Multiplier | 8.67 |
| Estimated Taxes | $35,690 |
Listing Details
| Agent | Robert Libby |
|---|---|
| Office | GIC Properties |
| Contact Info | (210) 821-1122 |