About 218 Claremont
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.
Features of 218 Claremont
| MLS® # | 1942895 |
|---|---|
| Price | $525,000 |
| Number Of Units | 4 |
| Square Footage | 2,832 |
| Acres | 0.18 |
| Year Built | 1941 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active Option |
Community Information
| Address | 218 Claremont |
|---|---|
| Subdivision | Mahncke Park |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78209 |
Multi-Unit Information
| Gross Annual Income | $38,525 |
|---|---|
| Net Operating Income | $10,217 |
| Annual Operating Expense | $28,308 |
| Operating Expense Includes | Maintenance, Management, Miscellaneous, Taxes |
Unit 1 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $875 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator |
Unit 2 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $875 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator |
Unit 3 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $875 |
| Occupied | NO |
| Includes | Oven/Stove, Refrigerator |
Unit 4 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $895 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Other |
|---|---|
| Cooling | Window/Wall |
| Has Basement | No |
Exterior
| Exterior | Siding, Wood |
|---|---|
| Roof | Composition |
School Information
| District | San Antonio I.S.D. |
|---|---|
| Elementary | Call District |
| Middle | Call District |
| High | Call District |
Additional Information
| Date Listed | February 18th, 2026 |
|---|---|
| Days on Market | 149 |
| Zoning | MF-33 NCD-6 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 1.95 |
| Gross Rent Multiplier | 13.63 |
| Estimated Taxes | $9,517 |
Listing Details
| Agent | Donna Crabtree |
|---|---|
| Office | Sophus Properties, LLC |
| Contact Info | (210) 219-3045 |