120 Ira Ave

Discover exceptional upside on a quiet street just blocks from San Antonio's Pearl District. This older vacant 4-plex offers a rare chance to acquire a well-located asset in one of the city's most dynamic neighborhoods. The structure already features a new roof, providing a solid starting point for a full remodel or complete redevelopment. Positioned in the heart of Mahncke Park, the property sits within easy reach of the Pearl's restaurants, shops, Culinary Institute, and Museum Reach, plus Brackenridge Park, the Zoo, Botanical Garden, downtown, medical centers, and major employment hubs. The surrounding area continues to attract strong demand from professionals, students, medical staff, and visitors drawn to the walkable, amenity-rich environment. Whether you renovate the existing four units into modern long-term, mid-term, or short-term rentals, or pursue a full redevelopment under the property's multi-family zoning potential, the location supports multiple high-value strategies. Nearby projects and sustained interest in Pearl-adjacent housing underscore the neighborhood's ongoing growth trajectory.