






$640,000
4 ba · 3,072 sqft · 8,843 sqft lot
321 E Melrose Dr, Olmos Park, TX 78212
Multi-family · Built 1937 · $208/sqft ·
$4,228/mo est. payment
Fully occupied fourplex in an established Olmos Park setting, featuring quality Thorman construction and a hand-cut limestone exterior. The 3,072-square-foot property offers four light-filled units with hardwood floors and generous closet storage. Unit A, previously owner-occupied, features an updated kitchen with marble countertops, farmhouse sink, and new appliances, plus an efficient mini-split system. 2025 improvements include a new concrete driveway, covered carport, and covered rear patio. Each unit has one covered parking space. Electricity is separately metered, and tenants pay their own electric service. Convenient access to Downtown, The Pearl, Fort Sam Houston, Trinity University, and The Quarry. Located in Alamo Heights ISD. A perfect investment opportunity for an owner occupant, seasoned investor, or 1031 exchange.
Cambridge Elementary School
elementary · 1-5 · 1.5 mi
Alamo Heights High School
high · 9-12 · 2.0 mi
Alamo Heights Junior High School
middle · 6-8 · 2.7 mi
Sunshine Cottage School For Deaf Children
elementary · K-5 · 0.7 mi
Howard Early Childhood Center
elementary · K · 2.7 mi
St. John the Evangelist School
elementary · K-8 · 0.7 mi
$621,116
Listed by Chad Nall · Suburban Spaces · LERAMLS























