BEDS13
BATHS9 full
MLS#21077367
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMAHNCKE PARK
SCHOOLSan Antonio ISD
Property Description
This offering features a 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 city's 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: Electric, Window Unit(s)
Heating: Central
Lot Size: 0.33 Acres
Roof Type: Built-Up, Tar/Gravel
Year Built: 1954
Amenities
Built-in Features
Balcony
Feature Descriptions
Appliances: Gas Range, Refrigerator
Days on Site: 200
Exterior: Brick, Other
Fencing: Partial
Flooring: Vinyl
Lot: Level, Many Trees, Park View
Parcel#: 061420000510
Parking: Carport, On Street
Parking Notes: Carport, On Street
Security: Smoke Detector(s)
Units: 9
Utilities: City Sewer, City Water, Electricity Available
Local Schools
Elementary School: Lamar
School District: San Antonio ISD
Listed By / Shown By
Listed By
Agency Name: Real Broker, LLC
Agency Contact: 562-755-7049
Agent Name: Michael Vasquez
Shown By
Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 2,391.37 per month $2,114.29 Principal & Interest $0.00 Property Tax (data not provided by mls) $277.08 Homeowner's InsuranceChange Payment Information
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118 Funston Pl | MLS# 21077367
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.