For the development of multi-functional materials which has water reducing power, air entraining power and waterproofing power as well as blending additive in cement mortar the coal ash was modified with asphalt-stearic acid or asphalt-boiled oil mixtures by mechanical treatment. And the physical properties of cement mortar blended with modified coal ashes were compared with those of the water-tightness-cement mortar and the ordinary-portland-cement mortar added with AE.water reducing agent. The mortar of coalash-blend-cement modified with asphalt-stearic mixture was increased acid about 20% in initial strengths and decreased about 20% in water absorption ratio than those of ordinary coalash-blend-cement. The mortar of coalash-blend-cement modified with asphalt-bolied oil mixture was similar to the cement mortar added with AE.water reducing agent in water reduction ratio, air entraining conents and the initial strengths, also was similar to the water-tightness-cement mortar in water absorption and water permeability ratios.