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Investment Highlights

  • Redevelopment opportunity
  • Zoned MF-33
  • Owner finance available

Executive Summary

Redevelopment opportunity for these 3 duplexes in Mahncke Park. Remodel or start over by leveling all 3 properties.
Nestled just minutes from downtown San Antonio, Mahncke Park is one of the city’s most desirable historic neighborhoods, blending timeless character with modern urban convenience. Known for its tree-lined streets, charming early 20th-century architecture, and vibrant community atmosphere, Mahncke Park offers a unique living experience that appeals to both homeowners and investors alike.
The neighborhood features an eclectic mix of beautifully preserved bungalows, Craftsman-style homes, and thoughtfully updated residences, many showcasing original hardwood floors, spacious front porches, and distinctive architectural details. Mature oak trees provide shade and curb appeal, creating a serene, walkable environment.
Residents enjoy unparalleled proximity to some of San Antonio’s most iconic destinations, including Brackenridge Park, the San Antonio Botanical Garden, and the historic Pearl District—home to top-rated dining, boutique shopping, and cultural attractions. The area is also conveniently located near major employers, medical centers, and educational institutions, enhancing its long-term value and livability.

Property Facts

Price $1,377,291 CAD
Price Per Unit $229,549 CAD
Sale Type Investment
Sale Conditions
Bulk/Portfolio Sale
  • Deferred Maintenance
  • Redevelopment Project
No. Units 6
Property Type Multifamily
Building Size 4,968 SF
Average Occupancy 33%
No. Stories 2
Year Built 1946
Zoning MF-33 NCD-6 - MF-33 Multifamily NCD-6 Neighborhood Conservation District 6

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 - 828
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
06781-003-0950
Land Assessment
$337,868 CAD
Improvements Assessment
$88,092 CAD
Total Assessment
$425,959 CAD
  • Listing ID: 40134551

  • Date on Market: 2026-04-13

  • Last Updated:

  • Address: 401 Natalen Ave, San Antonio, TX 78209

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