Investor Opportunity - 9 Unit Property in San Antonio. This 9-unit multifamily offers strong cash flow, stable tenants, and excellent returns in one of San Antonio's most reliable rental markets. With a double-digit cap rate and significant cash-on-cash returns, this property delivers immediate income with additional upside from filling two current vacancies. Low operating expenses and a proven rental track record make it an attractive opportunity for both seasoned and first-time investors.
For sale
$585,000
3620 Rivas St, San Antonio, TX 78228
16beds
5,950sqft
Est.:
Multi Family
Built in 1965
-- sqft lot
$-- Zestimate®
$98/sqft
$-- HOA
What's special
- 215 days |
- 248 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: August 31, 2025 at 10:09pm
Listed by:
Ronnie Trevino TREC #588899 (210) 410-5384,
Resi Realty, LLC
Source: LERA MLS,MLS#: 1894496
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Window Unit, None, Electric
Cooling
- Wall/Window Unit(s), None
Features
- Flooring: Ceramic Tile
- Has basement: No
Interior area
- Total interior livable area: 5,950 sqft
Property
Parking
- Total spaces: 8
- Parking features: Parking Pad, Pad
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.34 Acres
Details
- Parcel number: 074820140050
- Zoning description: RESIDENTIAL
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Siding
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1965
Utilities & green energy
- Electric: CPS, Separate Electric Meter(s), Common Electric Meter(s)
- Gas: Separate Gas Meter(s)
- Sewer: SAWS
- Water: SAWS, Common Water Meter(s)
Community & HOA
Community
- Subdivision: University Park
Location
- Region: San Antonio
Financial & listing details
- Price per square foot: $98/sqft
- Tax assessed value: $502,890
- Annual tax amount: $11,565
- Price range: $585K - $585K
- Date on market: 8/21/2025
- Cumulative days on market: 215 days
- Listing terms: Conventional,1st Seller Carry,Cash
- Total actual rent: 6340
Estimated market value
Not available
Estimated sales range
Not available
$1,386/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2025 | Listed for sale | $585,000$98/sqft |
Source:  LERA MLS #1894496 Report a problem | ||
| 5/24/2019 | Sold | -- |
Source: LERA MLS #1375233 Report a problem | ||
| 11/22/2006 | Sold | -- |
Source: LERA MLS #619574 Report a problem | ||
| 5/23/2005 | Sold | -- |
Source: LERA MLS #535574 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,423 -1.2% | $502,890 -1.2% |
| 2024 | $11,565 -5.2% | $509,030 -3.8% |
| 2023 | $12,197 +51% | $529,150 +60.1% |
| 2022 | $8,078 +83% | $330,550 +0.3% |
| 2021 | $4,415 | $329,470 -4.3% |
| 2020 | $4,415 -50.8% | $344,260 -0.2% |
| 2019 | $8,976 | $345,000 |
| 2018 | $8,976 -6.8% | $345,000 -3.6% |
| 2017 | $9,631 +0.9% | $358,000 -2.1% |
| 2016 | $9,544 +8.9% | $365,640 +3% |
| 2015 | $8,767 | $355,080 +8.8% |
| 2014 | $8,767 | $326,440 |
| 2013 | -- | $326,440 +9.2% |
| 2011 | -- | $298,990 |
| 2010 | -- | $298,990 -5.1% |
| 2009 | -- | $315,060 +0% |
| 2008 | -- | $315,000 +5% |
| 2007 | -- | $300,000 +192.6% |
| 2006 | -- | $102,520 +7.6% |
| 2005 | -- | $95,310 |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,791/mo
Principal & interest
$2928
Property taxes
$863
More affordability tools
Climate risks
Neighborhood: Memorial Heights
Nearby schools
GreatSchools rating
- 2/10Roosevelt Elementary SchoolGrades: 2-5Distance: 0.4 mi
- NAE T Wrenn Middle SchoolGrades: 6-8Distance: 2 mi
- 2/10Memorial High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Loma Park
- Middle: Truman
- High: Memorial
- District: Edgewood I.S.D
Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 78228
- Texas
- Bexar County
- San Antonio
- 78228
- Memorial Heights
- 3620 Rivas St
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Nearby neighborhoods
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