About 1221 Center
Two Houses on One Lot. Fantastic Cashflow! Fully occupied at market rents with leases through July and August 2025. Recent repairs at the properties. This property is a cash cow that has room for future growth! Owners are selling several additional small multi-family properties around San Antonio.
Features of 1221 Center
| MLS® # | 1962025 |
|---|---|
| Price | $214,900 |
| Number Of Units | 2 |
| Square Footage | 1,672 |
| Acres | 0.10 |
| Year Built | 1950 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Price Change |
Community Information
| Address | 1221 Center |
|---|---|
| Subdivision | NEAR EASTSIDE |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78202 |
Multi-Unit Information
| Gross Annual Income | $22,200 |
|---|---|
| Net Operating Income | $12,024 |
| Annual Operating Expense | $9,176 |
| Operating Expense Includes | Taxes, Insurance, Maintenance, All Utilities |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $860 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Washer Connection, Dryer Connection |
Unit 2 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $990 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Washer Connection, Dryer Connection |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | None |
|---|---|
| Cooling | 3+ Window/Wall |
| Has Basement | No |
Exterior
| Exterior | Siding, Stucco |
|---|---|
| Exterior Features | Mature Trees |
| Roof | Composition, Metal |
| Foundation | Slab |
School Information
| District | San Antonio I.S.D. |
|---|---|
| Elementary | Call District |
| Middle | Call District |
| High | Call District |
Additional Information
| Date Listed | April 28th, 2026 |
|---|---|
| Days on Market | 80 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 5.60 |
| Gross Rent Multiplier | 9.68 |
| Estimated Taxes | $3,927 |
Listing Details
| Agent | Hillary Romero |
|---|---|
| Office | Home Sweet San Antonio LLC |
| Contact Info | (210) 269-1127 |