Homes for sale - 118 Funston Pl, San Antonio, TX 78209

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Michelle Daep

realtormichelledaep@gmail.com +1(210) 941-7809

$ 949,999

Est. payment | -/mo

11 Beds

8 Baths

7,590 SqFt

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$ 949,999

Est. payment | -/mo

Save

11 Beds

8 Baths

7,590 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family (2-8 Units)

Listing Status Back on Market

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)

Property Description

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.

Location

State TX

County Bexar

Area 1300

Zoning MF-33

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

Building

Foundation Slab

Sewer City

Water City

Construction Status Pre-Owned

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

LERA MLS - Local Expertise Regional Access / SABOR

Listed by Michael Vasquez • Real Broker, LLC • (855) 450-0442

Find out why customers are choosing LPT Realty to meet their real estate needs!!

+1(210) 941-7809

realtormichelledaep@gmail.com

Learn More About LPT Realty