A rare multifamily investment opportunity near downtown San Antonio in a gated community. The completed development includes 8 duplex buildings with 16 units, with approval for 6 additional buildings and 12 more units, subject to buyer verification. Each three-story unit offers 3 bedrooms, 2.5 bathrooms, and a garage. Each unit is separately metered for electricity. The second floor features open-concept living and a kitchen with modern white cabinetry, quartz countertops, and stainless-steel appliances. Two bedrooms and two full bathrooms are located on the top floor. The ground-floor bedroom and half bath have a separate private entrance, offering flexible space for a home office, studio, or other use with separation from the main living area. The seller prefers to sell the entire project to one buyer but will consider smaller groups. A compelling opportunity for an investor seeking to expand a portfolio or evaluating a 1031 exchange.

Based on information submitted to LERA MLS as of October 21, 2026 7:32 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Phyllis Browning Company

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Property Details of 1502 S Walters

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Building

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Hi there! How can we help you?

Phyllis Browning Company