OWNER FINANCING AVAILABLE! 6.5% interest with a 10 year balloon and no prepayment penalty! When OPPORTUNITY knocks, you should answer! 148 and 150 Elizabeth Road offer a unique investment OPPORTUNITY in the heart of Alamo Heights! 148 Elizabeth is a four-plex featuring 4,887 Square Feet. It includes a detached 4-car car port with storage lockers, a common use laundry room and a utility/storage room. All apartments have 2 bedrooms and one bathroom, with central heat and air. Original wood floors have wall to wall carpeting or vinyl wood flooring. Kitchens have tile counters and all appliances. In 2021, all windows were replaced with energy efficient, tilt-in windows. In 2013, the roof was replaced with 30 year asphalt shingles. 148 Elizabeth #1 - FULLY FURNISHED open floor plan w/ spacious living area & dining! Kitchen w/ smooth cooktop range, refrigerator, dishwasher, microwave & HUGE walk-in pantry! Master features walk-in closet & study w/ access to backyard! Large secondary bedroom! Remodeled bathroom with updated vanity! Extremely well maintained by owner! TONS of storage! Perfect for a short term rental! The other THREE apartments have CHARM TO SPARE! Open floor plan w/ spacious living area (including storage closet) & dining! Kitchen w/ gas cooking, refrigerator, dishwasher & HUGE walk-in pantry! Primary bedroom features walk-in closet w/ built-ins! Large secondary bedroom! Unit is on second floor. 150 Elizabeth is a 1,748 SF Two Story Townhouse on the same property and is PERFECT for roommates or can be rented out as two separate apartments! The TWO levels have TWO kitchens, TWO masters, TWO living areas...ONE great house! Built in 1970 and has been completely remodeled! It includes two single covered car ports, a fenced back yard, and a front courtyard with a private first floor entrance. First floor w/ kitchen features sleek black appliances, GRANITE counters, bright white cabinets, smooth cooktop, built-in oven, pantry & breakfast area! Spacious family room! Large primary suite w/ outside access, a HUGE closet and updated bath! Second floor features PORCELAIN TILE floors, a kitchen w/ GAS cooking, breakfast bar, maple cabinets & plenty of storage, a spacious living area, and a primary bedroom w/ TWO closets! Utility room w/ stacked washer & dryer! Private entrance and outdoor deck at the backyard! Both floors are connected with an interior stairwell. 150 Elizabether includes a TPO Roof replacement and full floor renovations that included new electrical and A/C.
Multi-familyProperty Type
1960Year Built
0.34 acresLot Size
$188Price/Sq.Ft.
6 spacesParking
Listed by Cheryl Nichols• RE/MAX Preferred, REALTORS
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.34 Acres
Year renovated
—
Sq. Ft.
5,228
Year built
1960
Style
Multi-Family (5+ Unit)
County
Bexar County
APN
04050-012-0120
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 28, 2026.
MF-D
Multiple-Family Dwelling District D
The multi-family zoning standards provide for a mix of multi-family types and style of development intended to reinforce the neighborhood and small town character desired by Alamo Heights residents. The standards permit multi-family buildings of 2 to 4 stories in height, depending on location, and require mixed uses along Broadway south of Albany Street in order to encourage pedestrian traffic and extended visits that are essential to a vibrant mix of retail, service and hospitality businesses.
Double Pane Windows, Mature Trees, Detached Quarters, Cable TV Available, Common Utility Room, Mature Trees (ext feat), Level
Accessibility Information
Exterior Door Opening 36"+, Entry Slope less than 1 foot, Grab Bars in Bathroom(s), Near Bus Line, Level Lot, Level Drive, Bathroom on First Floor, Bedroom on First Floor
Accessible/Adaptive Home
Property Information
Sq. Ft. Source: Builder Plans
Subdivision: ALAMO HEIGHTS
City Bus
Lot Information
Lot Size: 0.344
Zoning: OCL
Financial
Tax Information
Total Tax Amount: $18,208
Financial Information
Down Payment Resource YN: N
Utilities
Utility Information
Separate Electric Meters, Separate Gas Meters
Gas Supplier: CPS
Electricity Supplier: CPS
Sewer Supplier: SAWS
Water Supplier: SAWS
Green Features: Drought Tolerant Plants, Low Flow Commode
Location
Community Information
Subdivision Legal Name: ALAMO HEIGHTS
School Information
Elementary School: Cambridge
Middle School: Alamo Heights
High School: Alamo Heights
School District: Alamo Heights I.S.D.
Public facts
Beds: —
Baths: —
Sq. Ft.: 5,228
Stories: 1.0
Lot Size: 0.34 acres
Style: Multi-Family (5+ Unit)
Year Built: 1960
Year Renovated: —
County: Bexar County
APN: 04050-012-0120
Home facts updated by county records on Aug 27, 2026