About 1505 Donaldson Ave
Great investment opportunity in desired area and school district. Back yard is fenced and cross fenced so tenants have separate yards. Units have separate electric meters. Units have a separate water meters too which is a great savings to owner. First unit has 2 bedrooms, 1 full bath, 3 window units with heat and air. Stack washer dryer, smooth top range, refrigerator with ice maker, dishwasher, disposal, granite counters. Second unit has 3 bedrooms, 2 full baths, stack washer/dryer, granite counters, smooth top range, refrigerator with ice maker. Property has dusk to dawn security light on CPS pole in back parking area
Features of 1505 Donaldson Ave
| MLS® # | 2003439 |
|---|---|
| Price | $320,000 |
| Number Of Units | 2 |
| Square Footage | 2,116 |
| Acres | 0.22 |
| Year Built | 1951 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | One Story |
| Status | Active |
Community Information
| Address | 1505 Donaldson Ave |
|---|---|
| Subdivision | DONALDSON TERRACE |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78228-3024 |
Multi-Unit Information
| Gross Annual Income | $15,000 |
|---|---|
| Net Operating Income | $7,802 |
| Annual Operating Expense | $8,698 |
| Operating Expense Includes | Taxes |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,250 |
| Occupied | NO |
| Includes | Oven/Stove, Disposal, Dishwasher, Refrigerator, Washer Connection, Dryer Connection, Window Coverings, Stacked Wsh/Dry Connect |
Unit 2 Information
| Bedrooms | 3 |
|---|---|
| Bathrooms (Full) | 2 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,250 |
| Occupied | YES |
| Includes | Oven/Stove, Disposal, Refrigerator, Stacked Wsh/Dry Connect, Window Coverings |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | 3+ Units |
|---|---|
| Cooling | 3+ Window/Wall |
| Has Basement | No |
Exterior
| Exterior | Siding |
|---|---|
| Exterior Features | Cable TV Available, Cross Fenced, Special Yard Lights |
| Roof | Composition |
| Construction | Pre-Owned |
School Information
| District | San Antonio I.S.D. |
|---|---|
| Elementary | Woodlawn Hills |
| Middle | Longfellow |
| High | Jefferson |
Additional Information
| Date Listed | July 27th, 2026 |
|---|---|
| Days on Market | 12 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 2.44 |
| Gross Rent Multiplier | 21.33 |
| Estimated Taxes | $7,198 |
Listing Details
| Agent | Sherry Ritchie-rose |
|---|---|
| Office | Rubiola Realty |
| Contact Info | (210) 364-2721 |