1703 W Mulberry Ave, San Antonio, TX

$310,000

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1,532

Square feet

0.23

Acres

About 1703 W Mulberry Ave

Excellent investment opportunity! Situated on a desirable corner lot, this well-maintained duplex features two separately addressed 2-bedroom, 1-bath units, making it an ideal addition to any investment portfolio. Both units are currently tenant-occupied, providing immediate rental income. 1703 W. Mulberry Ave is leased through 10/19/2026 at $900 per month, and 2903 N. Zarzamora is leased through 09/28/2026 at $1,000 per month. Each unit has its own CPS Energy and SAWS meters, allowing tenants to pay their own utilities. Major capital improvements have already been completed, with the roof, HVAC systems, water heaters, and many appliances all approximately two years old, offering peace of mind and reduced maintenance expenses. Each unit is thoughtfully designed for comfortable, low-maintenance living with durable vinyl flooring throughout and an open living and dining area that creates a bright, welcoming atmosphere. The eat-in kitchens feature ample cabinetry, solid countertops, an electric range, and a full-size refrigerator, providing everything needed for everyday living. The spacious primary bedrooms offer direct access to the backyard, where tenants can enjoy a covered patio, privacy and chain-link fencing, a storage shed, and washer and dryer hookups. Additional features include energy-efficient windows, programmable thermostats, central HVAC, carbon monoxide detectors, and covered one-car carports. Conveniently located near shopping, dining, schools, and major highways, this income-producing property combines strong rental potential with valuable recent updates, making it an exceptional opportunity for both seasoned and first-time investors. Lease agreements and additional rental information are available upon request.

Features of 1703 W Mulberry Ave

MLS® # 2000307
Price $310,000
Number Of Units 2
Square Footage 1,532
Acres 0.23
Year Built 1952
Type Multi-Family (2-8 Units)
Sub-Type One Story
Status Active

Community Information

Address 1703 W Mulberry Ave
Subdivision WOODLANDS HEIGHTS
City San Antonio
County Bexar
State TX
Zip Code 78201

Multi-Unit Information

Gross Annual Income $23,000
Net Operating Income $15,600
Annual Operating Expense $7,500
Operating Expense Includes Taxes, Insurance

Unit 1 Information

Bedrooms 2
Bathrooms (Full) 1
Parking Spaces 1
Parking Type Carport
Handicap Access NO
Rent $900
Occupied YES
Includes Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer Connection, Dryer Connection

Unit 2 Information

Bedrooms 2
Bathrooms (Full) 1
Parking Spaces 1
Parking Type Carport
Handicap Access NO
Rent $1,000
Occupied YES
Includes Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer Connection, Dryer Connection

Amenities

Has Pool No

Interior

Heating Central
Cooling Unit Central
Has Basement No

Exterior

Exterior Siding
Exterior Features Covered Patio
Roof Composition
Construction Pre-Owned
Foundation Slab

School Information

District San Antonio I.S.D.
Elementary Woodlawn
Middle Longfellow
High Jefferson

Additional Information

Date Listed July 14th, 2026
Days on Market 25
Foreclosure No
Short Sale No
RE / Bank Owned No
Cap Rate 5.03
Gross Rent Multiplier 13.48
Estimated Taxes $5,381

Listing Details

AgentMatthew Ridings
OfficePMI Birdy Properties, CRMC
Contact Info(210) 823-4817

Listing Map

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