118 Funston Place

San Antonio TX 78209

7590 sq. ft.

0.33 ac.

Multi-Family

Currently for sale - view listing

Overview

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.

Features

11 bedrooms

8 bathrooms

7590 sq. ft. floor area

0.33 ac. lot size

Multi-Family

Property history for 118 Funston Place

2022

Sold

Undisclosed

22 Nov 2022

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Local market activity for 11 bedroom multi families in San Antonio

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Michael Vasquez

at Real

View listing

Sales:: (619) 566-0008

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