Alamo TX Multifamily Properties for Sale

518564 MLS ⋅ Tierra Bonita #2 SubDv. ⋅ ACTIVE Status

Turn-Key Duplex with Major Upgrades- Instant Cash Flow! Stop worrying about repairs and start collecting rent. This tenant-occupied duplex is a rare find, featuring a durable metal roof (only 4 years old) and brand-new A/C units in both units. Each side offers a spacious 2-bed, 1 bath layout, perfect for long-term family tenants. With the big-ticket items already update, this is a low-overhead, high-performance addition to any portfolio

531 Mar Circle, Alamo

$485,000

514944 MLS ⋅ The Heights At Alamo SubDv. ⋅ ACTIVE Status

Incredible investment opportunity in Alamo, TX! This brand new incomplete construction 4-Plex is perfectly located just minutes from the expressway, offering convenience, modern design, and strong rental potential. The building features a total of four units: two 3-bedroom, 2-bathroom units and two 2-bedroom, 2-bathroom units — all thoughtfully designed for comfortable living. Each unit offers a bright open-concept layout with modern finishes, including granite countertops, custom cabinetry, stainless steel appliances, and wood-look tile flooring throughout. Decorative tray ceilings, stylish lighting, and spacious floor plans create a high-end living experience. Don’t miss this opportunity to own a newly built income-producing property in a growing area. Schedule a tour today!

1230 Valle Vista Street, Alamo

$485,000

514946 MLS ⋅ The Heights At Alamo SubDv. ⋅ ACTIVE Status

Incredible investment opportunity in Alamo, TX! This brand new incomplete construction fourplex is perfectly located just minutes from the expressway, offering convenience, modern design, and strong rental potential. The building features a total of four units: two 3-bedroom, 2-bathroom units and two 2-bedroom, 2-bathroom units — all thoughtfully designed for comfortable living. Each unit offers a bright open-concept layout with modern finishes, including granite countertops, custom cabinetry, stainless steel appliances, and wood-look tile flooring throughout. Decorative tray ceilings, stylish lighting, and spacious floor plans create a high-end living experience. Don’t miss this opportunity to own a newly built income-producing property in a growing area. Schedule a tour today! (Photos shown are for illustration purposes only. Units for sale may vary slightly in layout, fixtures, or finishes.)

1234 Valle Vista Street, Alamo

$162,000

514032 MLS ⋅ The Heights At Alamo SubDv. ⋅ ACTIVE Status

Welcome to this beautiful 3-bedroom, 2-bath condo offering approximately 1,140 sq. ft. of comfortable living space. The open-concept layout connects the kitchen, dining, and living areas. Conveniently located less than 2 minutes from the Expressway, with easy access to shopping, dining, schools, and more. All appliances are included.

920 13th UNIT #2 Alamo, Alamo

$475,000

513317 MLS ⋅ The Heights At Alamo SubDv. ⋅ ACTIVE Status

New construction fourplex in Alamo, TX! Ideally located right off the main road with quick access to the freeway. Each unit boasts modern finishes, spacious layouts, and energy-efficient features. Perfect for investors looking to expand their portfolio or for house hacking to live in one unit while renting out the others. This is a fantastic opportunity to own a brand-new multi-family property in a growing area. Don't miss out on this high-potential investment!

916 13th Street, Alamo

$469,000

511174 MLS ⋅ The Heights At Alamo SubDv. ⋅ ACTIVE Status

Contemporary design, everyday comfort, and investment appeal come together in this thoughtfully designed fourplex at The Heights at Alamo. Featuring inviting open-concept floor plans, the property offers two 2-bedroom residences and two 3-bedroom residences, each with 2 full bathrooms and spacious living areas. Finishes include quartz countertops, custom cabinetry, decorative ceilings, wood-look tile flooring, and generous walk-in closets. Stainless steel appliances, washers and dryers, private fenced yards, alley access, and 8 covered carport spaces provide added convenience. Ideally located near FM 495 and Alamo Road, the property offers easy access to schools, shopping, dining, and the expressway. Exceptional features and a desirable location make this property as functional as it is appealing. Don’t miss the opportunity to add this standout Alamo investment to your portfolio.

1301 Valle Vista Street, Alamo

$475,000

511177 MLS ⋅ Riverside Tower & 495 Subdivision Phase A SubDv. ⋅ ACTIVE Status

Fully Leased newly built fourplex. Exceptional investment opportunity in a desirable multi-family subdivision just minutes from Expressway 83,top schools, shopping,and dining.These newly built fourplexes offer modern design, strong tenant appeal,and immediate cash flow.Each unit features a bright open-concept layout with elegant wood-look tile flooring, a contemporary kitchen with custom cabinetry,quartz countertops,and a spacious island providing ample storage and workspace.Bedrooms are generously sized with large closets,and the primary suites include a luxurious frameless glass shower and walk-in closet.Additional highlights include private fenced backyards for every unit,stainless steel appliances,washer and dryer, and covered carports.This is an outstanding opportunity for investors seeking a low-maintenance,high-demand rental asset in a rapidly growing area.Don’t miss your chance to own a premium multi-family property with long-term value and impressive rental potential.

431 Frio Lane, Alamo

$499,000

511176 MLS ⋅ Riverside Tower & 495 Subdivision Phase A SubDv. ⋅ ACTIVE Status

Newly built multi family building with ALL 3 bedroom/2baths.Exceptional investment opportunity in a desirable multi-family subdivision just minutes from Expressway 83,top schools, shopping,and dining.Newly built fourplexes offer modern design, strong tenant appeal,and immediate cash flow.Each unit features an open-concept layout with wood-look tile flooring,a contemporary kitchen with custom cabinetry,quartz countertops, a spacious island providing ample storage and workspace.Bedrooms are generously sized with large closets,and the primary suites include a luxurious frameless glass shower and walk-in closet.Additional highlights include private fenced backyards for every unit,stainless steel appliances,in-unit washer and dryer, and covered carports.This is an outstanding opportunity for investors seeking a low-maintenance,high-demand rental asset in a rapidly growing area.Don’t miss your chance to own a premium multi-family property with long-term value and impressive rental potential.

1032 Palm Drive, Alamo

$475,000

511178 MLS ⋅ Riverside Tower & 495 Subdivision Phase A SubDv. ⋅ ACTIVE Status

Fully Leased newly built fourplex. Exceptional investment opportunity in a desirable multi-family subdivision just minutes from Expressway 83,top schools, shopping,and dining.These newly built fourplexes offer modern design, strong tenant appeal,and immediate cash flow.Each unit features a bright open-concept layout with elegant wood-look tile flooring, a contemporary kitchen with custom cabinetry,quartz countertops,and a spacious island providing ample storage and workspace.Bedrooms are generously sized with large closets,and the primary suites include a luxurious frameless glass shower and walk-in closet.Additional highlights include private fenced backyards for every unit, stainless steel appliances, washer and dryer, and covered carports.This is an outstanding opportunity for investors seeking a low-maintenance,high-demand rental asset in a rapidly growing area.Don’t miss your chance to own a premium multi-family property with long-term value and impressive rental potential.

427 Frio Lane, Alamo

$475,000

511175 MLS ⋅ The Heights At Alamo SubDv. ⋅ ACTIVE Status

Contemporary design, everyday comfort, and investment appeal come together in this thoughtfully designed fourplex at The Heights at Alamo. Featuring inviting open-concept floor plans, the property offers two 2-bedroom residences and two 3-bedroom residences, each with 2 full bathrooms and spacious living areas. Finishes include quartz countertops, custom cabinetry, decorative ceilings, wood-look tile flooring, and generous walk-in closets. Stainless steel appliances, washers and dryers, private fenced yards, alley access, and 8 covered carport spaces provide added convenience. Ideally located near FM 495 and Alamo Road, the property offers easy access to schools, shopping, dining, and the expressway. Exceptional features and a desirable location make this property as functional as it is appealing. Don’t miss the opportunity to add this standout Alamo investment to your portfolio.

1308 Valle Vista Street, Alamo

$650,000

510762 MLS ⋅ The Heights At Alamo SubDv. ⋅ ACTIVE Status

6-PLEX AVAILABLE! Built in 2024! The Heights at Alamo in Alamo, Texas, at the corner of FM 495 and Alamo Road, this exceptional investment property offers immediate cash flow. Conveniently located near schools, shopping, dining, and just minutes from the expressway. This modern 6-plex features an open-concept design with durable wood-look tile flooring throughout. The property consists of three 2-bedroom, 2-bathroom units and three 3-bedroom, 2-bathroom units, appealing to a wide range of tenants. Each unit offers a contemporary kitchen with cabinetry, sleek quartz countertops, ample cabinet space, stainless steel appliances (refrigerator, stove, and microwave), spacious bedrooms with large walk-in closets, and an in-unit washer and dryer. Every unit includes a private fenced backyard, providing added privacy and outdoor living space for tenants. This is an outstanding turnkey investment opportunity with strong rental income potential. Schedule your private showing today!

1321 Valle Vista Street, Alamo

$500,000

509607 MLS ⋅ Tower Pointe SubDv. ⋅ ACTIVE Status

Turnkey investment opportunity in Alamo! This fully leased fourplex generates $5,200 per month in gross rental income ($1,300 per unit). The property features four well-maintained units, each currently occupied, making it an excellent addition to an investor's portfolio with immediate cash flow. Each unit has separate electric meters, and the property includes 5 electric meters and 5 water meters. Conveniently located near Expressway 83, schools, shopping, and dining, this income-producing property offers both strong rental demand and long-term investment potential. Buyer to independently verify all information, including measurements, taxes, and schools.

404 Acacia, Alamo

$525,000

501358 MLS ⋅ Riverside Tower & 495 Subdivision Phase A SubDv. ⋅ ACTIVE Status

Discover this brand new 4-plex currently under construction in the heart of Alamo! Each unit features a spacious open floor plan including two bedrooms with a third room adaptable as a home office, library, or gym. Enjoy two full bathrooms in each unit. This property is versatile for various tenant needs. Conveniently located near Expressway 83, schools, and restaurants, this property offers an excellent investment opportunity. Don't miss the chance to own this gem!

451 Medina Lane, Alamo

$525,000

501356 MLS ⋅ Riverside Tower & 495 Subdivision Phase A SubDv. ⋅ ACTIVE Status

Discover this brand new 4-plex currently under construction in the heart of Alamo! Each unit features a spacious open floor plan including two bedrooms with a third room adaptable as a home office, library, or gym. Enjoy two full bathrooms in each unit. This property is versatile for various tenant needs. Conveniently located near Expressway 83, schools, and restaurants, this property offers an excellent investment opportunity. Don't miss the chance to own this gem!

452 Medina Lane, Alamo

$525,000

501339 MLS ⋅ Riverside Tower & 495 Subdivision Phase A SubDv. ⋅ ACTIVE Status

Discover this brand new 4-plex currently under construction in the heart of Alamo! Each unit features a spacious open floor plan including two bedrooms with a third room adaptable as a home office, library, or gym. Enjoy two full bathrooms in each unit. This property is versatile for various tenant needs. Conveniently located near Expressway 83, schools, and restaurants, this property offers an excellent investment opportunity. Don't miss the chance to own this gem!

451 Frio Lane, Alamo

$525,000

501336 MLS ⋅ Riverside Tower & 495 Subdivision Phase A SubDv. ⋅ ACTIVE Status

Discover this brand new 4-plex currently under construction in the heart of Alamo! Each unit features a spacious open floor plan including two bedrooms with a third room adaptable as a home office, library, or gym. Enjoy two full bathrooms in each unit. This property is versatile for various tenant needs. Conveniently located near Expressway 83, schools, and restaurants, this property offers an excellent investment opportunity. Don't miss the chance to own this gem!

443 Frio Lane, Alamo

$484,900

501025 MLS ⋅ Riverside Tower & 495 Subdivision Phase A SubDv. ⋅ ACTIVE Status

Discover this brand new 4-plex in the heart of Alamo! Each unit features a spacious open floor plan including two bedrooms with a third room adaptable as a home office, library, or gym. Enjoy two full bathrooms in each unit. This property is versatile for various tenant needs. Conveniently located near Expressway 83, schools, and restaurants, this property offers an excellent investment opportunity. Don't miss the chance to own this gem!

447 Frio Lane, Alamo

$495,000

497072 MLS ⋅ The Heights At Alamo SubDv. ⋅ ACTIVE Status

Fully Leased 2024 Construction Fourplex – Turnkey Investment Opportunity Exceptional opportunity to own a semi-new 2024-built fourplex that is fully leased and currently generating immediate rental income. This well-maintained property offers modern construction, low maintenance features, and strong rental demand. Each unit includes all appliances, providing added convenience for tenants and a seamless transition for the next owner. Designed with contemporary finishes and functional layouts, the property appeals to quality tenants seeking comfort and efficiency. With stabilized occupancy and proven cash flow, this turnkey investment is ideal for investors looking to expand their portfolio with minimal upfront work. No renovations needed — already income-producing and professionally maintained. ?? Excellent opportunity for passive income ?? Modern construction = lower maintenance costs ?? Fully leased and income-generating ?? All appliances included

909 Glory, Alamo

$149,999

493746 MLS ⋅ Alamo Original Townsite SubDv. ⋅ PENDING Status

This triplex is located in an established neighborhood near city buildings and local parks. The property consists of three units, including a front building with a 2-bedroom, 1-bath residence offering 1,173 square feet, and a separate rear building with two units measuring approximately 850 square feet each. The layout offers strong rental potential with multiple income streams. This is a great investment opportunity in a central location. Property sold "As-is". Buyer and/or buyer's agent responsible for verifying all pertinent information deemed relevant by the prospective buyer, including but not limited to square footage, acreage, utilities, taxes, zoning, permitting, condition, school zones, HOAs, etc.

534 E Acacia Avenue, Alamo

$590,000

491808 MLS ⋅ Highview SubDv. ⋅ PENDING Status

This multifamily property features three buildings with a total of 10, 2-bedroom and 1-bath units! The property offers quick access to Expy 83 and is surrounded by a variety of dining, entertainment, nearby retail and several schools. It is always in high-tenant demand! The roofs of all three buildings are connected in a U-shape with the parking lot in the middle, providing convenient and secure parking for residents. There is on-site storage room that could be converted into a functional laundry facility which could create an additional revenue stream. Don't miss out on this exceptional opportunity to own a charming multifamily property that combines convenience, community, and potential for strong returns. Schedule a viewing today!

1410 S Alamo Road, Alamo

$525,000

492005 MLS ⋅ The Heights At Alamo SubDv. ⋅ ACTIVE Status

Brand-New Fully Leased Apartment Units! Discover this exceptional investment opportunity — a brand-new construction property situated on one of the largest lots in the subdivision. Conveniently located near Expressway 83, top-rated schools, restaurants, and shopping. These attractive apartments feature modern stucco exteriors, elegant tile flooring throughout, quartz countertops, stylish fixtures, and metal carports. Each unit comes fully equipped with all kitchen appliances. The property includes four spacious 3-bedroom, 2-bath units, all fully leased and beautifully finished — perfect for stable rental income and long-term value. Don’t miss this opportunity to own a fully leased, income-generating property with high-quality finishes and a prime location!

849 Deluxe Street, Alamo

$499,000

487060 MLS ⋅ Riverside Tower & 495 Subdivision Phase A SubDv. ⋅ ACTIVE Status

ALL 3 BEDROOM FULLY LEASED FOURPLEX! Discover this stunning brand-new 4-plex, now complete and ready to lease in the heart of Alamo! Each unit features a sleek, modern design with a spacious open-concept layout and 3 full bedrooms, perfect for families, professionals, or anyone needing extra space for a home office, gym, or playroom. Large windows throughout the units bring in abundant natural light, enhancing the bright and welcoming atmosphere. Every unit also includes two beautifully finished bathrooms with contemporary fixtures and clean, elegant finishes. Enjoy the convenience of being close to Expressway 83, top-rated schools, shopping, and local dining. With its modern appeal, prime location, and strong rental demand, this 4-plex presents a high-yield investment opportunity and is ideal for securing reliable tenants quickly. Don’t miss your chance to own this exceptional, fully finished, and move-in-ready property!

1016 Palm Drive, Alamo

$475,000

486416 MLS ⋅ Riverside Tower & 495 Subdivision Phase A SubDv. ⋅ ACTIVE Status

Introducing this beautifully finished, modern 4-plex now ready to lease in the heart of Alamo! This property offers a versatile mix of 2-bedroom and 3-bedroom units, each designed with a spacious open-concept layout perfect for today’s lifestyle. Large windows throughout fill every unit with natural light, creating a bright and inviting atmosphere your tenants will love. All units include two contemporary full bathrooms, sleek finishes, and modern design details that elevate the overall feel. Whether tenants need extra space for a home office, a growing family, or simply prefer a low-maintenance, stylish home, these units accommodate a variety of needs. Conveniently located near Expressway 83, schools, shopping, and dining, this property is positioned for strong rental demand and excellent long-term returns. A rare investment opportunity with a flexible unit mix — secure this modern, move-in-ready 4-plex today!

435 Medina Lane, Alamo

$475,000

486419 MLS ⋅ Riverside Tower & 495 Subdivision Phase A SubDv. ⋅ ACTIVE Status

Introducing this beautifully finished, modern 4-plex now ready to lease in the heart of Alamo! This property offers a versatile mix of 2-bedroom and 3-bedroom units, each designed with a spacious open-concept layout perfect for today’s lifestyle. Large windows throughout fill every unit with natural light, creating a bright and inviting atmosphere your tenants will love. All units include two contemporary full bathrooms, sleek finishes, and modern design details that elevate the overall feel. Whether tenants need extra space for a home office, a growing family, or simply prefer a low-maintenance, stylish home, these units accommodate a variety of needs. Conveniently located near Expressway 83, schools, shopping, and dining, this property is positioned for strong rental demand and excellent long-term returns. A rare investment opportunity with a flexible unit mix — secure this modern, move-in-ready 4-plex today!

428 Frio Lane, Alamo

$469,000

486069 MLS ⋅ The Heights At Alamo SubDv. ⋅ ACTIVE Status

FULLY LEASED NEW FOUR PLEX AVAILABLE IN PRIME A LOCATION! The Heights at Alamo in Alamo, Texas located on 495 and Alamo Rd. Close proximity to schools, shopping and minutes away from expressway. Modern open concept floor plan with wood like tile throughout, 2 of the units are 2bed/2bath, 2 of the units are 3bed/2bath. Kitchen with custom cabinets with modern quartz with lots of cabinet space and walk in closets! Spacious bedrooms with large closets. All units have their own private fenced backyard. Stainless steel refrigerator, stove, microwave included. Washer and dryer included as well. 8 Carport Spaces Included. Great Investment Opportunity! Schedule your showing today.

848 Deluxe Street, Alamo

$469,900

483893 MLS ⋅ Tower Pointe SubDv. ⋅ ACTIVE Status

This newly constructed multifamily property features two 4-plex buildings, offering a total of eight modern residential units. Each unit is approximately 936.5 square feet and includes two bedrooms and two bathrooms. The property also provides sixteen covered parking spaces for added convenience. Built in 2025, these contemporary apartments offer investors a turnkey asset that requires minimal maintenance, offering in-place income from day one. Ideally located just north of Business Highway 83, the property offers easy access to schools, shopping, and major roadways—making it an attractive choice for both residents and investors seeking long-term value and steady returns.

412 E Acacia Street, Alamo

$469,900

483161 MLS ⋅ Tower Pointe SubDv. ⋅ ACTIVE Status

This exceptional property presents an attractive investment opportunity, characterized by robust rental income potential. Constructed in 2025, the four-unit building features two bedrooms and two bathrooms in each unit. Each apartment is equipped with essential appliances, including a stove/range with a smooth top, refrigerator, washer, dryer, and microwave oven. Strategically located near shopping centers, dining options, and educational institutions, these pet-friendly apartments cater to a diverse range of lifestyles. The property offers the added benefit of eight covered parking spaces.

416 E Acacia Street, Alamo

$465,000

452829 MLS ⋅ Tower Pointe SubDv. ⋅ ACTIVE Status

BRAND NEW FOUR PLEX AVAILABLE IN PRIME A LOCATION! Located on Tower Rd at Tower Pointe Subdivision close to Bus 83. Close proximity to schools, shopping and minutes away from expressway. Modern open concept floor plan with wood like tile throughout, 2 of the units are 2bed/2bath, 2 of the units are 3bed/2bath. Kitchen with custom cabinets with modern quartz with lots of cabinet space and huge walk in closets! Spacious bedrooms with large closets. All units have their own private fenced backyard. Stainless steel refrigerator, stove, microwave included. Washer and dryer included as well. 8 Carport Spaces Included. Tenants pay their own utilities. Great Investment Opportunity! Immediate Cash Flow!

432 Acacia Street, Alamo

Alamo Multifamily Properties for Sale

Multifamily Properties for Sale in Alamo, TX

How much is your home worth?

How much is your home worth?