Property Evaluation

San Antonio, TX 78203 432 S Olive

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Presented By: Sterling Williams with Real Broker, LLC; (210) 569-9008
  • MLS# 1877733
  • 06/21/2025
  • Request Tour
  • Request Info
  • Baths • 4
  • SQFT • 4,019

Home Details

Gorgeous garden-style apartments located in the heart of San Antonio, offering modern upgrades and thoughtful design. Each unit is equipped with washer/dryer hookups and a sleek Ikea kitchen. Climate control is effortless with energy-efficient mini-split systems installed in every bedroom and living area, ensuring optimal comfort while managing utility costs. Tenants will enjoy the convenience of on-demand hot water provided by tankless water heaters. Extensive updates were completed in 2018, including updated electrical and plumbing systems, as well as foundational improvements, new siding, and energy-efficient windows. Additional highlights include a new roof (approximately 3 years old), recently installed Mitsubishi mini-splits in units 1, 2, and 3, and a water softening system added in 2020. One unit also features a brand-new tankless water heater installed this year. Prime Location: Located just minutes away from some of San Antonio's most popular attractions, including the Alamodome, Hemisfair Park, the River Walk, and the historic Pearl District, this property offers unparalleled convenience and lifestyle appeal. The vibrant Southtown arts district, along with numerous dining and shopping options, is also within easy reach. Short-Term Rental Potential: Given its proximity to major attractions, this property holds excellent potential for short-term rentals, catering to tourists and visitors seeking a central location with modern amenities. Value-Add Opportunity: Increase rental income by adjusting currently below-market rents and implementing a water charge-back system. This property offers both a stable income stream and the potential for enhanced returns. It's an ideal investment for those seeking a well-maintained, income-producing asset in a thriving market.
Presented By: Sterling Williams with Real Broker, LLC; (210) 569-9008

Interior Features for 432 S Olive

Bathrooms

U1 Half Baths0
U2 Full Baths1
U2 Half Baths

Other Interior Features

FlooringVinyl
Heating FuelElectric

General for 432 S Olive

Annual Operating Expense15339
Area1200
BuilderUnknown
ClassMulti-Family (2-8 Units)
Cooling3+ Window/Wall
Elementary SchoolCall District
HOA MandatoryNone
HeatingCentral
High SchoolCall District
Legal DescriptionNCB 626 BLK 2 LOT 28, S 7 FT OF 29, W 26.9 FT OF 27 & S 7 OF
Middle SchoolCall District
Potential Short SaleNo
Proposed TermsConventional, FHA, VA, Cash, Investors OK
School DistrictSan Antonio I.S.D.
StatusActive
SubdivisionDENVER HEIGHTS
Taxes$12,793
TypeTwo Story
U1 #Parking Spaces1
U1 Bdrm2
U1 Fulls Baths1
U1 Handicap AccessNo
U1 Park TypePad
U1 Rent1225
U2 #Parking Spaces1
U2 Bdrm1
U2 Handicap AccessNo
U2 Park TypePad
U2 Rent1060
U3 #Parking Spaces1
U3 Bdrm2
U3 Full Baths1
U3 Half Baths0
U3 Handicap AccessNo
U3 Park TypePad
U3 Rent1135
U4 #Parking Spaces1
U4 Bdrm3
U4 Full Baths2
U4 Half Baths0
U4 Handicap AccessNo
U4 Park TypePad
U4 Rent1300
Year Built1918
ZoningRM-4

Exterior for 432 S Olive

ExteriorCement Fiber
Lot Size0.129
METERSSeparate Electric, Separate Gas, Common Water
RoofingComposition

Additional Details

Price History

Schools

High School Call District High School
Middle School Call District Middle School
Elementary School Call District Elementary School

Traci Frasier

Broker Associate | Director of Luxury and Residential Sales
Price $615,000
MLS#1877733
List Date 06/21/2025
Property Type Multi-Family
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Hill Country Dream Team is independently owned and operated and fully supports the principles of the Fair Housing Act and is an Equal Opportunity Employer. All listing information is from sources deemed reliable. However, no representation is made as to the accuracy or completeness thereof and should be independently verified.
Hill Country Dream Team is independently owned and operated and fully supports the principles of the Fair Housing Act and is an Equal Opportunity Employer. All listing information is from sources deemed reliable. However, no representation is made as to the accuracy or completeness thereof and should be independently verified.
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