About 340 Natalen
Excellent investment opportunity in the highly desirable Mahncke Park neighborhood. This fourplex is available for purchase individually or as part of a larger portfolio, offering flexibility for investors. Owner financing is available with attractive terms, providing a convenient path to acquisition. The property consists of four spacious 1-bedroom, 1-bath units, each featuring washer and dryer hookups and well-designed floor plans that appeal to a broad tenant base. Each unit retains many distinctive features unique to the 1930s, offering charm and character that set this property apart from more modern construction. Covered parking is available onsite, with one designated space per unit, adding convenience and tenant appeal. With deferred maintenance and cosmetic updates, this property offers excellent upside potential and the opportunity to increase rental income while restoring it to its full potential. Interior photos reflect the condition of the units during their most recent vacancy. A rare value-add opportunity in one of the city's most desirable and historic rental markets.
Features of 340 Natalen
| MLS® # | 1943104 |
|---|---|
| Price | $598,000 |
| Number Of Units | 4 |
| Square Footage | 3,316 |
| Acres | 0.16 |
| Year Built | 1936 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active Option |
Community Information
| Address | 340 Natalen |
|---|---|
| Subdivision | Mahncke Park |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78209 |
Multi-Unit Information
| Gross Annual Income | $46,987 |
|---|---|
| Net Operating Income | $18,569 |
| Annual Operating Expense | $28,418 |
| Operating Expense Includes | Taxes, Insurance, Maintenance, Management |
Unit 1 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $950 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Washer Connection, Dryer Connection, Window Coverings |
Unit 2 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $950 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Dryer Connection, Washer Connection |
Unit 3 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Carport |
| Handicap Access | NO |
| Rent | $950 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Dryer Connection, Washer Connection |
Unit 4 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Pad |
| Handicap Access | NO |
| Rent | $965 |
| Occupied | YES |
| Includes | Oven/Stove, Refrigerator, Dryer Connection, Washer Connection |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | Other |
|---|---|
| Cooling | Window/Wall |
| Has Basement | No |
Exterior
| Exterior | Stone/Rock |
|---|---|
| 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 | 144 |
| Zoning | MF-33, NCD-6 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 3.11 |
| Gross Rent Multiplier | 12.73 |
| Estimated Taxes | $10,591 |
Listing Details
| Agent | Donna Crabtree |
|---|---|
| Office | Sophus Properties, LLC |
| Contact Info | (210) 219-3045 |