$3,384
closing credit¹
341 Avondale Ave San Antonio, TX 78223
Property details
About 341 Avondale Ave
Uncover an exceptional investment opportunity in this unique multi-unit property, perfect for maximizing rental income. Featuring an existing tenant-occupied ADU, this property delivers immediate cash flow with enormous future potential. Properties like this rarely come to market, especially one designed to offer four separate rental incomes. The main house is ready to be renovated into three individual units, each with immense earning potential. Imagine transforming Units 1 and 2 into one-bedroom, one-bathroom apartments, while the back unit becomes a spacious two-bedroom, one-bathroom rental. With the ADU already a fully functional two-bedroom, one-bathroom unit housing a long-term tenant, you'll start generating revenue from day one. Each unit is equipped with a separate city electricity meter, making management simple and efficient. This property is sold "as-is," giving you the freedom to shape each unit to suit your investment strategy. With renovations already started, you're set to take over and quickly finish the renovations to turn this property into a lucrative, high-yield investment. The seller also offers owner financing with an attractive interest rate, a five-year balloon, and no prepayment penalty-making it easier to capitalize on this rare find. Don't miss out on this fantastic investment in a property with boundless income potential.
Highlights
(Price Change)
Virtual tour
Summary
- MLS Number: 1823327
- Office Name: K&E Realty
- Office Phone: (210) 418-0067
- Office Email: Ray@KandERealty.com
- Listing Agent: Rayenari Suarez
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Last updated on: 1/18/2025, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$285,000
341 Avondale Ave
$3,384
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2020 | $131,000 | $3,599 |
| 2019 | $127,000 | $3,439 |
| 2018 | $120,000 | $3,439 |
| 2017 | $92,000 | $2,610 |
History based on county public records data.
Nearby schools
4
Charles C. Ball Elementary School
Public Charter PK-5
0.3 mi
•343 Koehler Ct
6
Muriel Forbes Elementary School
Public District PK-5
0.7 mi
•2630 Sally Gay Dr
4
Steele Montessori Academy
Public Charter PK-4
1.2 mi
•722 Haggin St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,506. The majority of San Antonio, TX residents have income less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
This home is located at 341 Avondale Ave in San Antonio, TX and zip code 78223 in the Hot Wells neighborhood. This 2,516 square foot home, which was built in 1942, sits on a 0.23 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $285,000.
Over 155 listings were sold over their listed price in December 2024 in San Antonio, TX. In the same period over 631 listings were sold below the listed price and 296 listings were sold for the listed price. The number of listings in San Antonio, TX decreased by 0.8% between November and December 2024. While the average time on the market in December 2024 was 79 days, the median list price was $295,290.