Mahncke Park Duplex
333 Natalen San Antonio, TX 78209
333 Natalen, San Antonio, TX, 78209
$435,000
For Sale
Under Contract
$435,000
MULTI_FAMILY - San Antonio, TX
Property Size2,670 SF
Lot Size0.16 Acres
Price / SF$162.92
Days on Market49
Property Features for 333 Natalen
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MF-33, NCD-6
- Standard status
- Active Under Contract
- Size
- 2,670 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8566
Building Details
- Year built
- 1948
Listing Agency
Sophus Properties, LLC
(210) 850-2833
11230 West Ave Ste 1101, San Antonio, TX
Listed by
Donna Crabtree · License #512451
(210) 850-2833
Added: Jun 2 Checked: Jul 20 at 11:06 pm
MLS# 1943081
Listing URL
Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in the highly desirable Mahncke Park neighborhood, this duplex presents an excellent investment opportunity. It is available for purchase individually or as part of a larger portfolio. Each unit features a spacious 2-bedroom, 1-bath floor plan with over 1,300 square feet of living space and a dedicated laundry room. The downstairs unit includes an additional separate room ideal for a study, home office, or flex space, while the upstairs unit offers a private patio with views overlooking the street. One unit has recently undergone a full electrical upgrade. With deferred maintenance and cosmetic updates, this property presents excellent upside potential and the opportunity to increase rental income. The property is zoned MF-33, NCD-6 and sits on a 0.161-acre lot. The property size is 2,670 square feet. Owner financing is available. Interior photos reflect the condition of the units during their most recent vacancy.
Key Highlights
- Owner financing available with attractive terms.
- Located in the highly desirable Mahncke Park neighborhood.
- Spacious units, each with 2 bedrooms and 1 bath, offering over 1,300 sq ft of living space.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.5k | $17.40 |
| − Vacancy | −$2.6k | −$0.96 |
| EGI | $43.9k | $16.44 |
| − OpEx | −$13.2k | −$4.93 |
| NOI | $30.7k | $11.51 |
2,670 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$439.0K
$384.2K – $512.2K
NOI $30,732 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$389.6K
$340.9K – $454.6K
NOI $27,274 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$681.1K
$595.9K – $794.6K
NOI $47,675 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Spacious duplex in desirable location with value-add potential.
Where is this duplex located?
The property is located at 333 Natalen San Antonio, TX.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Owner financing available with attractive terms.; Located in the highly desirable Mahncke Park neighborhood.; Spacious units, each with **2 bedrooms and 1 bath, offering over 1,300 sq ft of living space.**
