About 531 W Gramercy Pl
Great investment opportunity in the desirable Alta Vista area! This triplex features three separately metered units, including two 1-bedroom, 1-bath units downstairs and one 2-bedroom, 1-bath unit upstairs. Two units are currently rented, with one vacant unit ready for an owner-occupant or a new tenant. The property received fresh cosmetic updates in 2025, giving it a clean, refreshed feel while still leaving room for a new owner to make it their own. Conveniently located just minutes from Downtown San Antonio, the Pearl, Trinity University, and major employers, this property offers strong rental potential in a high-demand area.
Features of 531 W Gramercy Pl
| MLS® # | 2003017 |
|---|---|
| Price | $415,000 |
| Number Of Units | 3 |
| Square Footage | 2,658 |
| Acres | 0.15 |
| Year Built | 1925 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active |
Community Information
| Address | 531 W Gramercy Pl |
|---|---|
| Subdivision | ALTA VISTA |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78212 |
Multi-Unit Information
| Gross Annual Income | $24,343 |
|---|---|
| Annual Operating Expense | $61,366 |
| Operating Expense Includes | Maintenance, Services |
Unit 1 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Street, Detached |
| Handicap Access | NO |
| Rent | $1,150 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator |
Unit 2 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Street, Detached |
| Handicap Access | NO |
| Rent | $680 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator |
Unit 3 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Street, Detached |
| Handicap Access | NO |
| Rent | $1,325 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Multi-Unit Central |
| Has Basement | No |
Exterior
| Exterior | Wood, Siding |
|---|---|
| Exterior Features | Patio Slab, Covered Patio, Mature Trees, Common Utility Room |
| Roof | Composition |
| Construction | Pre-Owned |
School Information
| District | San Antonio I.S.D. |
|---|---|
| Elementary | Cotton |
| Middle | Mark Twain |
| High | Edison |
Additional Information
| Date Listed | July 24th, 2026 |
|---|---|
| Days on Market | 15 |
| Zoning | RM-4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Gross Rent Multiplier | 17.05 |
| Estimated Taxes | $10,254 |
Listing Details
| Agent | Carmela Hampton |
|---|---|
| Office | Real Broker, LLC |
| Contact Info | (855) 450-0442 |