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$338,000   Price Analysis
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1911 Cincinnati Ave
San Antonio, TX 78228
5 bed 6 bath 3,116 SqFt ($108/SqFt)
7,144SqFt lot. Built 1930
Listed 2024-02-01, Taxes $4,058
Ⓧ USDA Ineligible
due to location

near San Antonio

Welcome to 1911 Cincinnati

A prime investment property located between the desirable Woodlawn Lake neighborhood and St. Mary's University. This multi-family listing boasts six units, making it a lucrativ, value-add investment opportunity. While the property requires some TLC, its strategic location and potential for rental income make it an enticing venture for the savvy investor.

The property is being sold in its current condition, allowing an investor the freedom to customize and upgrade according to their goals. Priced competitively to reflect the current condition and the potential for increased value, this property offers an attractive entry point for investors seeking to add a rewarding multi-unit project to their portfolio.


Presented by Ricardo Valadez at
JBGoodwin REALTORS, San Antonio Division.
Listing Agent Photo

Property MLS #1748685 from SanAntonio

Bedrooms: 5

Total Bathrooms: 6
Full Bathrooms: 6

Cooling Features: Window/Wall
Heating Features: Window Unit
Heating Fuel: Electric

Not Applicable/None

Lot Size Acres: 0.164
Lot Size Square Feet: 7144

Parking Features: Unit-1 #parking Spaces: 1, Unit-2 #parking Spaces: 1, Unit-3 #parking Spaces: 1, Unit-4 #parking Spaces: 1, Unit-5 #parking Spaces: 1, Unit-6 #parking Spaces: 1

Elementary School: Fenwick
High School: Jefferson
Middle School: Fenwick
School District: San Antonio I.S.D.

Fenwick Elementary School is a public elementary and middle school located approximately 0.2 miles away.
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Jefferson High School is a public high school located approximately 0.9 miles away.
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Little Flower Catholic School is a private elementary and middle school located approximately 0.9 miles away.
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Gross Income: 28300

Number of Units: 6
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Full Bathrooms in Unit-5: 1
Full Bathrooms in Unit-6: 1
Unit-1 Description: Oven/Stove, Refrigerator
Unit-2 Description: Oven/Stove, Refrigerator
Unit-3 Description: Oven/Stove, Refrigerator
Unit-4 Description: Oven/Stove, Refrigerator, Washer Connection, Dryer Connection
Unit-5 Description: Oven/Stove, Refrigerator
Unit-6 Description: Oven/Stove, Refrigerator
Unit 1 Total Actual Rent: 750
Unit 2 Total Actual Rent: 750
Unit 3 Total Actual Rent: 450
Unit 4 Total Actual Rent: 750
Unit 5 Total Actual Rent: 600
Unit 6 Total Actual Rent: 600

Annual Tax Amount: 4066.59
Source Listing Status: Active
County: Bexar
Directions: From downtown San Antonio, take I-10 W and exit 568A toward Cincinnati Ave. Merge onto Frontage Rd and take a left on Cincinnati Ave. Continue onto S Josephine Tobin Dr and turn left onto Cincinnati Ave. Property will be on the right.
Source Property Type: Multi-Family (2-8 Units)
Area: 0800
Parcel Number: 020100220410
Postal Code Plus 4: 5327
Zoning: C-2 NCD-8
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$112,000 + $37,790
$149,790
$4,058
2021$104,710 + $33,720
$138,430
$3,867
2020$104,130 + $33,720
$137,850
$3,867
2019$96,330 + $33,080
$129,410
$3,667
2018$73,430 + $32,150
$105,580
$3,025
2017$70,350 + $24,290
$94,640
$2,685
2016$64,200 + $24,290
$88,490
$2,497
2015$63,140 + $23,220
$86,360
$2,330
2014$57,290 + $21,430
$78,720
$2,129
2013$50,890 + $21,430
$72,320
$1,947
2012$unknown + $unknown
$68,180
$1,815
2011$unknown + $unknown
$55,740
$1,451
2010$unknown + $unknown
$48,820
$1,264
2009$unknown + $unknown
$45,040
$1,144
2008$unknown + $unknown
$45,040
$1,144
2007$unknown + $unknown
$36,890
$929

Price Changed 2024-05-17
$338,000
SanAntonio
Relisted 2024-03-17
$350,000
SanAntonio
Listing removed 2024-03-16
$0
SanAntonio
Relisted 2024-02-28
$350,000
SanAntonio
Listing removed 2024-02-27
$0
SanAntonio
Listed 2024-02-01
$350,000
SanAntonio
Sold 2006-06-27
$0
Public Record

Net Operating Income: 18502
Operating Expense: 9798
Operating Expense Includes: Taxes, Insurance, Maintenance, Management, All Utilities, Equipment

Total Square Feet Living: 3116
Year Built: 1930
Building Exterior Type: Wood
Foundation Details: Slab
Property Age: 94
Roof: Composition
Levels or Stories: Two Story

Water Source: City
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.