About 4906 Ali Ave
INVESTMENT OPPORTUNITY NEAR SAN ANTONIO'S MEDICAL CENTER! This well-configured 4-plex townhouse property offers an excellent opportunity for investors seeking multiple income-producing units in one convenient location. Each spacious unit features 2 bedrooms, 1.5 bathrooms, a private fenced back patio, and washer/dryer hookups. All four units are separately metered for utilities, helping simplify property management and expense allocation. The property also features a dedicated parking lot accommodating up to two vehicles per unit. With two units currently occupied and two units vacant, a new owner has the opportunity to immediately implement their own leasing strategy while maintaining income from the existing tenants. The property also offers potential upside through thoughtful improvements to the vacant units and, over time, the opportunity to increase rents on existing units as market conditions and lease cycles allow. Located near San Antonio's Medical Center, the property may also offer flexibility for an investor considering alternative rental strategies, including mid-term housing for traveling nurses, physicians, medical residents, and other healthcare professionals. An owner could evaluate a combination of traditional long-term rentals and mid-term rentals to maximize flexibility and potentially enhance overall income. Whether your strategy is to stabilize the property, make strategic improvements, maximize rental income, explore mid-term rental opportunities, or hold for long-term appreciation, 4906 Ali Ave offers an attractive opportunity to add a versatile income-producing asset to your portfolio.
Features of 4906 Ali Ave
| MLS® # | 2012973 |
|---|---|
| Price | $590,000 |
| Number Of Units | 4 |
| Square Footage | 5,212 |
| Acres | 0.00 |
| Year Built | 1986 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | New |
Community Information
| Address | 4906 Ali Ave |
|---|---|
| Subdivision | GLEN OAKS PARK |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78229-4976 |
Multi-Unit Information
| Gross Annual Income | $5,540,407 |
|---|---|
| Net Operating Income | $4,226,504 |
| Annual Operating Expense | $1,313,903 |
| Operating Expense Includes | Maintenance, Management, Services, Miscellaneous |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,000 |
| Occupied | YES |
| Includes | Oven/Stove, Dishwasher, Other |
Unit 2 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,275 |
| Occupied | YES |
| Includes | Oven/Stove, Dishwasher, Other |
Unit 3 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,050 |
| Occupied | NO |
| Includes | Oven/Stove, Dishwasher, Other |
Unit 4 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,100 |
| Occupied | NO |
| Includes | Oven/Stove, Dishwasher, Other |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Multi-Unit Central |
| Has Basement | No |
Exterior
| Exterior | Brick, Stucco |
|---|---|
| Exterior Features | Mature Trees, Level |
| Roof | Composition |
| Foundation | Slab |
School Information
| District | Northside |
|---|---|
| Elementary | Glenoaks |
| Middle | Neff Pat |
| High | Holmes Oliver W |
Additional Information
| Date Listed | August 31st, 2026 |
|---|---|
| Days on Market | 8 |
| Zoning | RM-$ |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 716.36 |
| Gross Rent Multiplier | 0.11 |
| Estimated Taxes | $1,386,885 |
Listing Details
| Agent | Anthony Deason |
|---|---|
| Office | Deason Realty Solutions, LLC |
| Contact Info | (210) 885-2639 |
