About 261 Claremont
This Mahncke Park duplex presents an excellent investment opportunity with strong upside potential and a proven rental history. Each unit features a spacious 2-bedroom, 1-bath townhome-style layout, offering functional living spaces that appeal to long-term tenants and support consistent occupancy. Both units include private backyards and individual washer and dryer hookups, enhancing tenant convenience and desirability. These features contribute toward rental performance while providing opportunities for future income growth. The property is part of a larger Mahncke Park investment portfolio but may also be purchased individually, offering flexibility for investors of all sizes. Owner financing is available, providing an attractive alternative to traditional lending and simplifying the acquisition process. An ideal opportunity for investors seeking dependable cash flow with additional value-add potential in a highly sought-after central location. All interior pictures taken during last vacancy of units.
Features of 261 Claremont
| MLS® # | 1942957 |
|---|---|
| Price | $350,000 |
| Number Of Units | 2 |
| Square Footage | 1,656 |
| Acres | 0.19 |
| Year Built | 1939 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active Option |
Community Information
| Address | 261 Claremont |
|---|---|
| Subdivision | Mahncke Park |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78209 |
Multi-Unit Information
| Gross Annual Income | $28,575 |
|---|---|
| Net Operating Income | $13,966 |
| Annual Operating Expense | $14,609 |
| Operating Expense Includes | Insurance |
Unit 1 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,115 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Window Coverings |
Unit 2 Information
| Bedrooms | 2 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $1,120 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Window Coverings |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Other |
|---|---|
| Cooling | Window/Wall |
| Has Basement | No |
Exterior
| Exterior | Wood, Siding |
|---|---|
| Roof | Composition |
School Information
| District | San Antonio I.S.D. |
|---|---|
| Elementary | Call District |
| Middle | Call District |
| High | Call District |
Additional Information
| Date Listed | February 20th, 2026 |
|---|---|
| Days on Market | 143 |
| Zoning | MF-33 NDC-6 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 3.99 |
| Gross Rent Multiplier | 12.25 |
| Estimated Taxes | $7,809 |
Listing Details
| Agent | Donna Crabtree |
|---|---|
| Office | Sophus Properties, LLC |
| Contact Info | (210) 219-3045 |