About 602 Chauncey
602 Chauncey is a 6-unit multifamily investment opportunity located in North Central San Antonio. Zoned MF-33 and built in 1982, the property consists of two buildings totaling approximately 6,432 SF, with Building 1 at approximately 4,200 SF and Building 2 at approximately 2,232 SF. The unit mix includes five 2-bedroom/2-bath units and one 1-bedroom/1-bath unit. The property benefits from long-term tenants, separate electric meters, a large shared tenant storage room, and an on-site utility/laundry room with several coin-operated washers and dryers. Landlord currently pays water, creating potential future upside through RUBS implementation at lease renewal. Reported 2025 NOI is $40,271.85 with additional upside potential through rent growth, utility reimbursement, laundry income, and operational improvements. This asset offers investors a stabilized multifamily property with value-add potential in an established San Antonio rental submarket. Marketing package available upon request.
Features of 602 Chauncey
| MLS® # | 1965217 |
|---|---|
| Price | $699,000 |
| Number Of Units | 6 |
| Square Footage | 6,432 |
| Acres | 0.30 |
| Year Built | 1982 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Price Change |
Community Information
| Address | 602 Chauncey |
|---|---|
| Subdivision | HARMONY HILLS |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78216 |
Multi-Unit Information
| Gross Annual Income | $70,443 |
|---|---|
| Net Operating Income | $40,272 |
| Annual Operating Expense | $30,171 |
| Operating Expense Includes | Taxes, Insurance, Maintenance |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 1 |
| Parking Type | Street |
| Handicap Access | YES |
| Rent | $1,000 |
| Occupied | YES |
| Includes | Oven/Stove, Disposal, Dishwasher, Refrigerator |
Unit 2 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 1 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $1,000 |
| Occupied | YES |
| Includes | Disposal, Dishwasher, Refrigerator, Oven/Stove |
Unit 3 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 1 |
| Parking Type | Street |
| Handicap Access | YES |
| Rent | $1,000 |
| Occupied | YES |
| Includes | Dishwasher, Disposal, Oven/Stove, Refrigerator |
Unit 4 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 1 |
| Parking Type | Street |
| Handicap Access | NO |
| Rent | $1,000 |
| Occupied | YES |
| Includes | Dishwasher, Disposal, Oven/Stove, Refrigerator |
Unit 5 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 1 |
| Parking Type | Street |
| Handicap Access | YES |
| Rent | $1,000 |
| Occupied | YES |
| Includes | Dishwasher, Disposal, Oven/Stove, Refrigerator |
Unit 6 Information
| Parking Type | Street |
|---|---|
| Includes | Dishwasher, Disposal, Oven/Stove, Refrigerator |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central, 3+ Units |
|---|---|
| Cooling | Unit Central, One Central |
| Has Basement | No |
Exterior
| Exterior | 4 Sides Masonry, Cement Fiber, Stone/Rock |
|---|---|
| Exterior Features | Mature Trees, Common Utility Room, Covered Patio, Has Gutters, Patio Slab |
| Roof | Composition |
| Construction | Pre-Owned |
| Foundation | Slab |
School Information
| District | Reagan High School |
|---|---|
| Elementary | Harmony Hills |
| Middle | Eisenhower |
| High | Churchill |
Additional Information
| Date Listed | May 8th, 2026 |
|---|---|
| Days on Market | 66 |
| Zoning | MF-33 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 5.76 |
| Gross Rent Multiplier | 9.92 |
| Estimated Taxes | $13,605 |
Listing Details
| Agent | Patricia Chavez |
|---|---|
| Office | Keller Williams Heritage |
| Contact Info | (210) 942-7393 |