Income-Producing Mahncke Park Duplex - Value-Add Opportunity with Owner Financing Available This Mahncke Park duplex presents an outstanding investment opportunity with an excellent rental history and strong value-add potential. Each unit features a well-designed 2-bedroom, 1-bath floor plan with private entrances, offering privacy and convenience that tenants appreciate. The property offers meaningful upside potential through deferred maintenance and cosmetic updates, providing investors the opportunity to increase rental income and overall property value. With strategic improvements, this duplex can deliver enhanced returns while benefiting from its desirable location. This property is part of a larger Mahncke Park investment portfolio but may also be purchased individually, offering flexibility to suit a variety of investment strategies. Owner financing terms are available, creating an attractive alternative to traditional financing options. Ideal for investors seeking in-place income with the opportunity to unlock additional value through improvements in a highly desirable rental market. Pictures taken from last vacancy of units.
| MLS # | 1942998 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1943 |
| Days On Site | 192 |
| Listing Provided By | Sophus Properties, LLC | Donna Crabtree |
| SQ Feet | 1,788 |
|---|---|
| Units | 2 |
| Zoning | MF-33, NCD-6 |
| Acreage | 0.15 |
| Heating Fuel | Electric, Natural Gas |
|---|
| Exterior | Stone/Rock |
|---|
| Tax Property Id | 067800020400 |
|---|---|
| Taxed By Mltpl Counties | No |
| Total Tax | 7345 |
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78209 |
| Area | Bexar |
| Community Name | Mahncke Park |
| School District | San Antonio I.S.D. |
| Elementary School | Call District |
| High School | Call District |
| Listing VS Median (in Mahncke Park) | |
Price: $355,000 low | high Med: $348,000 sqft: 1,788 low | high Med: 1,696 $ / sqft: $199 low | high Med: $205 On site: 192 low | high Med: 448 | |
| State | TX |
|---|---|
| County | Bexar |
| City | San Antonio |
| Zip Code | 78209 |
| Area | Bexar |
| Community Name | Mahncke Park |
| School District | San Antonio I.S.D. |
| Elementary School | Call District |
| High School | Call District |
| Listing VS Median (in Mahncke Park) | |
Price: $355,000 low | high Med: $348,000 sqft: 1,788 low | high Med: 1,696 $ / sqft: $199 low | high Med: $205 On site: 192 low | high Med: 448 | |