About 252 Natalen
This Mahncke Park fourplex presents a strong investment opportunity with significant upside potential. The property is in need of repositioning, offering investors the chance to add value and improve performance. Downstairs units in need of significant remodeling, upstairs units close to rent ready. The property is part of a larger Mahncke Park investment portfolio but may also be purchased individually Owner financing is available, providing a flexible alternative to traditional lending. Ideal for investors seeking reliable cash flow with value-add and development potential in a prime central location.
Features of 252 Natalen
| MLS® # | 1946870 |
|---|---|
| Price | $425,000 |
| Number Of Units | 4 |
| Square Footage | 3,040 |
| Acres | 0.16 |
| Year Built | 1950 |
| Type | Multi-Family (2-8 Units) |
| Sub-Type | Two Story |
| Status | Active Option |
Community Information
| Address | 252 Natalen |
|---|---|
| Subdivision | MAHNCKE PARK |
| City | San Antonio |
| County | Bexar |
| State | TX |
| Zip Code | 78209 |
Multi-Unit Information
| Gross Annual Income | $61,200 |
|---|---|
| Net Operating Income | $33,660 |
| Annual Operating Expense | $27,540 |
| Operating Expense Includes | Other |
Unit 1 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Carport |
| Handicap Access | NO |
| Occupied | NO |
| Includes | Other |
Unit 2 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Carport |
| Handicap Access | NO |
| Occupied | NO |
| Includes | Other |
Unit 3 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Type | Carport |
| Handicap Access | NO |
| Occupied | NO |
| Includes | Other |
Unit 4 Information
| Bedrooms | 1 |
|---|---|
| Bathrooms (Full) | 1 |
| Parking Spaces | 1 |
| Parking Type | Carport |
| Handicap Access | NO |
| Occupied | NO |
| Includes | Other |
Amenities
| Has Pool | No |
|---|
Interior
| Heating | None |
|---|---|
| Cooling | Window/Wall |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Not Applicable/None |
| Roof | Flat |
School Information
| District | San Antonio I.S.D. |
|---|---|
| Elementary | Call District |
| Middle | Call District |
| High | Call District |
Additional Information
| Date Listed | March 6th, 2026 |
|---|---|
| Days on Market | 129 |
| Zoning | MF-33 NCD-6 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 7.92 |
| Gross Rent Multiplier | 6.94 |
| Estimated Taxes | $6,721 |
Listing Details
| Agent | Donna Crabtree |
|---|---|
| Office | Sophus Properties, LLC |
| Contact Info | (210) 219-3045 |