Multi-Family $ 0

118 Funston Pl

San Antonio, TX 78209

  • 11 Beds
  • 8 Baths
    Full Baths: 8
  • 7,590 SqFt
  • 0.33 Lot Size
  • 1954 Year Built
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 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 Michael Vasquez of Real Broker, LLC

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Multi-Family (2-8 Units)

    Listing Status Active

    Purchase Type For Sale

    Square Footage 7, 590 sqft

    Price per Sqft $125

    Subdivision Mahncke Park

    MLS Listing ID 1912457

    Style Two Story

    Bedrooms 11

    Full Baths 8

    Construction Status Pre-Owned

    Year Built 1954

    Annual Tax Amount $20,431

    Lot Size 0.330 Acres

    Property Sub-Type Multi-Family (2-8 Units)

  • Location

    State TX

    County Bexar

    Area 1300

    Zoning MF-33

  • Building

    Foundation Slab

    Sewer City

    Water City

    Construction Status Pre-Owned

  • Interior

    Heating Central, Window Unit

    Cooling Multi-Unit Central, Window/Wall

    Flooring Vinyl

  • Exterior

    Exterior Feature Brick, Other

    Garage Spaces 8.0

    Roof Type Built-Up/Gravel

  • Schools

    Elementary Schools Lamar

    Middle Schools Mark Twain

    High Schools Edison

    School District San Antonio I.S.D.

  • Others

    Acceptable Financing Conventional, Cash

    Listing Terms Conventional, Cash

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CONTACT

Michael David Vasquez
Michael David Vasquez

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