About 312 Natalen
MF33 and .4 of an acre in the last the large lots on Mahnke park- close to Botanical garden and San Antonio's cultural area. 10 units fully remodeled sit on this large lot with still room to add more units if so desired. Concrete pad ready to add SQFT. Two units are STR -short term rentals- and other are long term leases. GREAT return on investment and cash flow. All units have been remodeled to turn key and looking Airbnb quality. Keep it as diversified as it is, or convert all into long term tenants. There are 4 units facing Natalen St, 2 separate buildings, two duplex, of which 2 of those units are currently being used as STR/Airbnb with great fully occupied year round guests. 6 units in the back are the long term tenants. Also, has a small storage area that could be converted to an additional unit, but good to have to keep supplies. 7000 SQFT but could be more as it has not been confirmed total SQFT. Completely remodeled, room to expand and location close to the Pearl and off Broadway at this price, is a steal!!!
Features of 312 Natalen
| MLS® # | 1928797 |
|---|---|
| Price | $1,550,000 |
| Number Of Units | 10 |
| Square Footage | 6,906 |
| Acres | 0.42 |
| Year Built | 1943 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active |
Community Information
| Address | 312 Natalen |
|---|---|
| Subdivision | MAHNCKE PARK |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78209 |
Multi-Unit Information
| Gross Annual Income | $183,660 |
|---|---|
| Net Operating Income | $160,900 |
| Annual Operating Expense | $22,560 |
| Operating Expense Includes | Taxes, Maintenance, All Utilities |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,923 |
| Occupied | YES |
| Includes | Furnished, Oven/Stove, Disposal, Dishwasher, Refrigerator, Window Coverings |
Unit 2 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,923 |
| Occupied | YES |
| Includes | Furnished, Oven/Stove, Disposal, Dishwasher, Refrigerator, Window Coverings |
Unit 3 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,595 |
| Occupied | YES |
| Includes | Furnished, Oven/Stove, Disposal, Dishwasher, Refrigerator, Window Coverings |
Unit 4 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,595 |
| Occupied | YES |
| Includes | Oven/Stove, Disposal, Dishwasher, Window Coverings |
Unit 5 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,895 |
| Occupied | YES |
| Includes | Oven/Stove, Disposal, Dishwasher, Refrigerator |
Unit 6 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,450 |
| Occupied | YES |
| Includes | Oven/Stove, Disposal, Refrigerator |
Unit 7 Information
| Parking Type | Pad |
|---|---|
| Includes | Oven/Stove, Disposal, Refrigerator |
Unit 8 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Bathrooms (Half) | 1 |
| Parking Spaces | 2 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,325 |
| Occupied | YES |
| Includes | Oven/Stove, Disposal, Refrigerator |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | 3+ Units |
|---|---|
| Cooling | Window/Wall, 3+ Window/Wall |
| Has Basement | No |
Exterior
| Exterior | Siding, Cement Fiber |
|---|---|
| Exterior Features | Double Pane Windows, Mature Trees |
| Roof | Composition |
| Construction | Pre-Owned |
| Foundation | Slab |
School Information
| District | San Antonio I.S.D. |
|---|---|
| Elementary | Hawthorne |
| Middle | Haworthne Academy |
| High | Edison |
Additional Information
| Date Listed | December 16th, 2025 |
|---|---|
| Days on Market | 209 |
| Zoning | MF33 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 10.38 |
| Gross Rent Multiplier | 8.44 |
| Estimated Taxes | $20,253 |
Listing Details
| Agent | Lourdes Jacques |
|---|---|
| Office | America Realty |
| Contact Info | (210) 317-7850 |