227 Grimes, San Antonio, TX 78203

Description

A Strong Investment Opportunity in the Rapidly Growing 78203 Zip Code! Discover this new-construction 4-plex-designed as two duplexes in separate buildings-currently generating $4,249/month in rental income with one unit now available for lease at a market rate of $1,500/month. This property offers immediate cash flow, flexibility, and exceptional upside potential in a prime location near Downtown San Antonio and the approved Marvel redevelopment project-a key catalyst for rapid appreciation in the area. Located just 2 miles from the Hemisfair District and River Walk, the property features four spacious units, each offering 1,089 sq. ft., 3 bedrooms, and 2.5 baths. Interiors showcase open-concept layouts, modern kitchens, light wood-style flooring, and updated bathrooms-providing tenants with comfort and style while keeping ownership low-maintenance. Each residence includes a private driveway and covered carport. The property sits just one block from St. Philip's College and minutes from the Alamo Dome, Frost Bank Center, Fort Sam Houston, and major highways I-35 and I-10. Ideal for long-term tenants or short-term rental opportunities (Airbnb), this partially occupied but income-producing asset combines modern design, a strong location, and consistent rental performance-making it a standout investment in one of San Antonio's fastest-growing zip codes.