BEDS9
BATHS7 full
SQUARE FEET7,590
MLS#1912457
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMAHNCKE PARK
SCHOOLSan Antonio ISD
Property Description
This offering features a stabilized 9-unit multifamily property in the highly desirable Mahncke Park, with an additional single-family home at 417 Margaret Ave offered separately at $160,000. Known for its tree-lined streets, historic character, and proximity to downtown, the Pearl District, and major employment hubs, Mahncke Park continues to be one of the citys most sought-after rental markets. The multifamily property totals 7,590 SF on a 0.33-acre lot, with a strong unit mix of one-bedroom, two-bedroom, and studio layouts. Built in 1954, the asset combines classic architecture with functionality and recent updates, including exterior paint (2021), select AC replacements, and a solid roof-minimizing near-term capital requirements. With solid operations and multiple investment strategies, this property provides both immediate income and long-term upside. Whether held as a cash-flowing asset, repositioned with value-add improvements, or redeveloped in the future, the opportunities here are substantial.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Multi-Unit Central, Window/Wall
Fuel Type: Other
Lot Size: 0.33 Acres
Taxes: $20,431
Year Built: 1954
Units
Unit Type 1:
Bedrooms: 1
Full Bath(s): 1
Half Bath(s): 0
Rent: $740.00
Unit Type 2:
Bedrooms: 1
Full Bath(s): 1
Half Bath(s): 0
Rent: $975.00
Unit Type 3:
Bedrooms: 1
Full Bath(s): 1
Half Bath(s): 0
Rent: $850.00
Unit Type 4:
Bedrooms: 1
Full Bath(s): 1
Half Bath(s): 0
Rent: $950.00
Unit Type 5:
Bedrooms: 1
Full Bath(s): 1
Half Bath(s): 0
Rent: $950.00
Feature Descriptions
Builder Name: UNKNOWN
Days on Site: 200
Exterior: Brick, Other
Foundation: Slab
HOA Mandatory: No
Supplier - Electric: CPS
Supplier - Gas: CPS
Supplier - Sewer: SAWS
Supplier - Water: SAWS
Tax By Multiple Counties: No
Type: Two Story
Units: 9
Water/Sewer: City
Local Schools
High School: Edison
Middle School: Mark Twain
Elementary School: Lamar
School District: San Antonio ISD
Listed By / Shown By
Listed By
Agency Name: Real Broker, LLC
Agency Phone: (855) 450-0442
Shown By
Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimate Your Payment
Estimated Payment
$ 4,093.95 per month $2,114.29 Principal & Interest $1,702.58 Property Tax $277.08 Homeowner's InsuranceChange Payment Information
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118 Funston Pl | MLS# 1912457
This multi-family property located at 118 Funston Pl, San Antonio, TX 78209 is currently listed for sale with an asking price of $949,999. Funston Pl is located within the San Antonio ISD school district. Search San Antonio real estate on www.254sale.com today.