118 Funston Pl |
|
| Price: | $949,999 |
| Property Type: | multi-family |
| MLS #: | 21077367 |
| 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. | |
| Area: | Bexar |
| Year Built: | 1954 |
| Bedrooms: | None |
| Bathrooms: | None |
| Acres: | 0 |
| Virtual Tour: | Click here to view |
| Construction Materials : | Brick |
| Construction Materials : | Other |
| Heating : | Central |
Courtesy: Michael Vasquez • Real • 
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This content last refreshed on 06/13/2026 01:30 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
