118 Funston Pl, San Antonio, TX 78209

• 13 beds |
• 9 baths |
• 7,590 sqft

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.

Listing Status:

Active

Listing Office:

Real Broker, LLC : 855-450-0442

Listing Agent:

Michael Vasquez :

MLS ID:

21077367

Interior

• General: Built-in Features
• Appliances: Gas RangeRefrigerator
• Flooring: Vinyl
• A/C: ElectricWindow Unit(s)
• Heating: Central

Exterior

• General: Balcony
• Pool: None
• Parking: CarportOn StreetParking spaces: 9

Construction

• Roofing: Built-UpTar/Gravel
• General: BrickOther2Slab

Location

• Originating MLS: NTR
• School District: San Antonio ISD
• County: Bexar

Lot

• Zoning: 061420000510
• View: Park/GreenbeltView
• Fencing: Partial

Utilities

• Utilities: Electricity AvailableSewer AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: NTR

This listing courtesy of Michael Vasquez, Real Broker, LLC