118 Funston Pl new Save Request In-Person Tour Request Virtual Tour
San Antonio,TX 78209
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Mahncke Park
MLS Listing ID 21077367
Bedrooms 13
Full Baths 9
HOA Y/N None
Total Fin. Sqft 7590
Year Built 1954
Lot Size 0.330 Acres
Acres 0.3299
Property Sub-Type Apartment
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.
Location
State TX
County Bexar
Direction From Downtown San Antonio, head north on Broadway toward Brahan Blvd, then turn right onto Funston Pl-118 Funston Pl will be on your right.
Interior
Interior Features Built-in Features
Heating Central
Cooling Electric,Window Unit(s)
Flooring Vinyl
Appliance Gas Range,Refrigerator
Heat Source Central
Exterior
Exterior Feature Balcony
Fence Partial
Utilities Available City Sewer,City Water,Electricity Available
Roof Type Built-Up,Tar/Gravel
Garage No
Building
Lot Description Level,Many Trees,Park View
Story Two
Foundation Slab
Level or Stories Two
Structure Type Brick,Other
Schools
Elementary Schools Lamar
Middle Schools Twain
High Schools Edison
School District San Antonio Isd
Others
Ownership ISAIAH COVENANT TRUST
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21077367