107 Willim Alamo Heights, TX 78209 Price Dropped by $101K

UPDATED: 04/07/2026 01:52 AM ON MARKET: 78 days on market

$898,000

6 Beds5 Baths3,914 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 3,914 sqft

Price per Sqft $229

Subdivision Alamo Heights

MLS Listing ID 1938732

Style Two Story

Bedrooms 6

Full Baths 5

Construction Status Pre-Owned

Year Built 1949

Annual Tax Amount $21,372

Lot Size 0.412 Acres

Property Sub-Type Multi-Family (2-8 Units)

Property Description

Positioned on an expansive 0.41-acre lot in the heart of Alamo Heights, this five-unit property presents a compelling investment opportunity with meaningful upside. The property includes four units in the main building plus one detached studio (Unit 5), which is currently not operational due to foundation considerations, offering potential for future value enhancement. Set between Broadway and Cambridge Oval, the location is a standout-highly walkable to local favorites like Merit Coffee, Bird Bakery, Paloma Blanca, and Cambridge Elementary, with Central Market and H-E-B just minutes away. The building offers classic character with original wood floors, natural light, and functional layouts. There is clear potential for a new owner to refresh, update, and optimize the property over time, creating increased income and long-term appreciation. Zoned MFD, the 0.41-acre lot provides flexibility for a variety of strategies. In addition to operating as a multi-family investment, buyers may explore redevelopment or increased density-subject to buyer verification, the City of Alamo Heights may allow up to nine units on the site. All zoning, development potential, and restrictions should be independently verified. Offered as-is, this is an opportunity to acquire a well-located asset with multiple paths to add value in one of San Antonio's most desirable neighborhoods.