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218 Claremont Ave - 218 Claremont Ave. 4 Unit Apartment Building Offered at $718,615 CAD San Antonio, TX 78209

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Investment Highlights

  • Part of Mahncke Park Portfolio
  • Owner financing option with low downpayment
  • Upside rental potential

Executive Summary

Exceptional Investment Opportunity in Mahncke Park - 4-Plex with Strong Rental History Four-plex in the desirable Mahncke Park neighborhood offers outstanding upside potential for investors. Each of the four units features a functional 1-bedroom, 1-bath layout, appealing to a broad tenant base and supporting consistent occupancy. The property has a proven rental history, providing a solid foundation for immediate income with opportunities for future value enhancement. Each unit includes one dedicated space in a covered carport, adding convenience and tenant appeal.
Additionally, an on-site storage room presents the potential to be converted into a shared laundry facility, creating an opportunity to increase rental income and tenant satisfaction. This property is part of a larger Mahncke Park investment portfolio and may be purchased individually or as part of the portfolio, offering flexibility to suit your investment strategy. Ideal for investors seeking cash flow with value-add potential in a prime central location. Owner financing option available. This property is in a Portfolio but can be purchased individually.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $52,733 $18.62
Other Income - -
Vacancy Loss - -
Effective Gross Income $52,733 $18.62
Taxes $13,027 $4.60
Operating Expenses $28,459 $10.05
Total Expenses $41,485 $14.65
Net Operating Income $11,247 $3.97

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $52,733
Annual Per SF $18.62
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $52,733
Annual Per SF $18.62
Taxes (CAD)
Annual $13,027
Annual Per SF $4.60
Operating Expenses (CAD)
Annual $28,459
Annual Per SF $10.05
Total Expenses (CAD)
Annual $41,485
Annual Per SF $14.65
Net Operating Income (CAD)
Annual $11,247
Annual Per SF $3.97

Property Facts

Price $718,615 CAD
Price Per Unit $179,654 CAD
Sale Type Investment
No. Units 4
Property Type Multifamily
Lot Size 0.18 AC
Building Size 2,832 SF
Average Occupancy 75%
No. Stories 2
Year Built 1941
Parking Ratio 1.41/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Walk-In Closets
  • Family Room
  • Window Coverings
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39504821

  • Date on Market: 2026-02-20

  • Last Updated:

  • Address: 218 Claremont Ave, San Antonio, TX 78209

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