118 Funston Pl
San Antonio, TX 78209
1 bath | #1912457
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 Details
- Property TypeMulti-Family
- Property SubtypeTwo Story
- MLS #1912457
- MLS #1912457
- Cost949999
- Bathrooms1
- Full Baths1
Location
Legal
Information provided Courtesy of LERA MLS - Local Expertise Regional Access. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of the San Antonio Board of Realtors. Copyright 2025 LERA MLS, All Rights Reserved.
Last Updated:Â . Source: LERAMLS
Provided By
Listing Agent: Michael Vasquez (#40914), Phone: (855) 450-0442, Email: mikevasquez.realtor@gmail.com
Listing Office: Real Broker, LLC (#REAH00)

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