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.
Listed By
Agency Name: Real Broker, LLC
Agency Contact: 562-755-7049
Agent Name: Michael Vasquez
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
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 Insurance
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.kellyrealtors.com today.