Austin TX Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1977
Baths:
MLS#:
3710906
Subdivision:
Glenway Terrace

ADDITIONAL INFORMATION

Rare investment opportunity to purchase a working STR Airbnb duplex in the heart of Austin. Just minutes to downtown, airport and major employers! Minutes to three major highways, and local attractions. Large 3/2 is set up and a mid/short term rental with consistent income yearly. This unit is currently fully furnished and has excellent income. Other unit is a large 2bed 2bath with permanent tenants going 13yrs plus, and easy tenant to manage. The large lot has huge separate yards as well as double car spot covered parking for each. Recent improvements in past 5 years include roof, foundation, stucco, appliances and STR unit remodel. All units rooms are spacious and large making guest and occupants quite comfortable. Lots of potential for more income and or owner occupy situation. Investment has huge equity upside as re-developments continues in this area. Don't miss this rare investment opportunity, and a turnkey income operation. Contact agent for showing options!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1967
Baths:
MLS#:
7120664
Subdivision:
Glenway Terrace

ADDITIONAL INFORMATION

CALLING ALL INVESTORS and Buyers desiring a prime location just east of IH35 and just south of DT ATX--so close to Lady Bird Lake, UT Austin, ABIA Airport, many major employers such as Google, Oracle, Facebook, St. David's Hospital, UT Medical School, & the City of Austin. Close to UT shuttle and Austin Metro Line. With over 0.25+ acres, this well located 3/2 duplex with carport and off street parking can be rented as is (both units have consistently been rented for decades and were occupied until several months ago). Roof was replaced approximately 5 years ago. Property is being sold AS IS and needs $35K+ in foundation repairs (have Douglas Foundation estimate) so buyer needs cash or bank/remodel loan. Recent inspection report also available.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1967
Baths:
MLS#:
1231229
Subdivision:
Greenbriar Sec 01

ADDITIONAL INFORMATION

Introducing a fantastic duplex property at 2616 and 2618 Audubon Pl., perfect for multi-generational living or savvy investors seeking an income-producing opportunity. This unique property features two separate homes: one with 3 bedrooms and 1 bathroom, and the other with 3 bedrooms and 1.5 bathrooms. Situated on a spacious, fully fenced lot, it offers a variety of amenities, including an above-ground pool, an RV hookup, a 2-car garage, and a carport. With ample space for families to live together while maintaining their independence or the potential for strong rental income from two units, this property truly caters to both lifestyles. Don’t miss the opportunity to own this versatile gem! Owner is currently completing renovations, more pictures coming soon!

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1938
Baths:
MLS#:
9601441
Subdivision:
Elmhurst

ADDITIONAL INFORMATION

Prime Investment Opportunity Minutes from Downtown Austin! ALL FURNITURE CONVEYS! Located just minutes from downtown Austin, this multi-unit income property offers outstanding rental revenue and future development potential. Currently generating over $10,000/month with 3 successful units and a 3-year proven income history, this property is a must-see for investors or buyers looking to offset mortgage costs! Key Features: -Total Property Size: 11,325 sq ft lot with 2,292 sq ft of living space and a view of downtown Austin. Walking distance to Lady Bird Lake and many restaurants. -Main House (1,522 sq ft): A charming 4-bed, 2-bath home featuring a cozy dining room, covered porch, and plenty of natural light. Perfect for comfortable living. -ADU #1 (385 sq ft): A stylish first-floor studio with its own entrance and a vibrant Austin-inspired mural. Ideal for guests or additional rental income. -ADU #2 (385 sq ft): A second-floor studio with a unique Willie Nelson mural, offering both charm and functionality. Great for short-term rentals or a private retreat. -High Income Potential: All three units are currently short-term rentals with top ratings (4.8+), providing a steady stream of income. With 3 years of proven revenue of $10k/month, this is an opportunity you can’t pass up! -Zoning & Future Potential: Zoned SF3/MF4, allowing for multi-family development with options to expand or build additional units—offering long-term growth potential. Feasibility study has been completed and can be shared with interested buyers. Whether you're looking for a high-performing rental property or a site for future multi-family development, this location offers both immediate returns and long-term potential. Don’t miss this rare opportunity – schedule a tour today!

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1969
Baths:
MLS#:
4977178
Subdivision:
Mission Hill Sec 03

ADDITIONAL INFORMATION

Wonderful 4-plex with two bedrooms and one bath in each unit. Second floor units have balconies with a washer dryer closet off the balcony. Community fenced back yard for BBQ's and family fun.OFF street parking. Property had major upgrades in 2011, new roof, electrical, plumbing, insulation etc. Full remodel all the way down to the studs on all units, new HVAC in every unit-owner spent over $100k to upgrade property. Property in excellent shape.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2024
Baths:
MLS#:
7579921
Subdivision:
909 Vargas Condominiums

ADDITIONAL INFORMATION

Welcome to 909 Vargas Rd, an exceptional chance to own a brand-new construction duplex less than 5 miles from Downtown Austin, listed under $1M! With both Unit A and Unit B ready for occupancy, this property offers flexibility and substantial income potential in one of Austin’s most vibrant areas. Short-term rentals (STRs) are allowed, making this an ideal choice for savvy investors looking to maximize rental income. Each unit features a spacious, well-thought-out layout with 3 bedrooms, 2.5 baths, and high-end finishes throughout. Unit A spans 1,812 sq. ft., including a private garage with an EV charger, while Unit B offers a bit more space at 1,875 sq. ft., featuring a large private backyard and a convenient carport. Both units boast abundant natural light, stainless steel appliances, quartz countertops, and shaker-style cabinetry, with each bedroom having its own walk-in closet. The third floor in each unit includes a bonus space with soaring vaulted ceilings, perfect for versatile use. Situated just a quick drive from downtown, this duplex offers the best of urban convenience with the amenities today’s renters demand. Whether you’re considering long-term tenants or capitalizing on the STR market, 909 Vargas Rd presents an incredible opportunity to own a luxury, multi-unit property in the heart of Austin. Don’t miss out on this rare investment—schedule a tour today to see the potential for yourself! Units are also for sale individually.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1972
Baths:
MLS#:
1087402
Subdivision:
Colorado Hills Estates Sec 7 A

ADDITIONAL INFORMATION

**Investment Opportunity in Riverside** This duplex, located in the vibrant Riverside neighborhood of Austin, offers an excellent investment opportunity. Each unit features three bedrooms, two full bathrooms, a kitchen, dining room, and living room, providing ample space for comfortable living. The property includes a two-car garage and a carport, offering convenient parking for residents. Just minutes from downtown, this duplex benefits from strong rental demand and the potential for appreciation. With its prime location and desirable features, this duplex is a great choice for investors seeking a high-yield property in one of Austin's most sought-after neighborhoods.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1964
Baths:
MLS#:
9815061
Subdivision:
S And F

ADDITIONAL INFORMATION

CALLING ALL INVESTORS! LAND LAND LAND! Endless Possibilities on this Massive 10,986 Square Foot Lot! This Duplex needs a Little TLC from Roof Leaks but is Otherwise Very Nicely Updated! The 2 Bedroom 1 Bath Unit has a beautiful kitchen with Charming Farm Sink, Stainless Steel Appliances and Quartz Countertops. The bathroom is Recently Updated with New Vanity, Light Fixtures and Tile. The One Bedroom One Bath Features Recent Vinyl Wood Flooring Throughout, Walk In Closet. Each Unit has it's own Laundry Room, Privacy Fenced Yard, and Covered Parking in the Carport. Separate Electric and Gas Meters. Please reference photos to see ceiling damage and attached Wilson Roofing Estimate to Replace the Roof. This duplex will NOT go conventional loan because of needed roof and ceiling repairs, so you must have CASH/BANK LOAN/REMODEL LOAN.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1965
Baths:
MLS#:
3565833
Subdivision:
Chernosky 16

ADDITIONAL INFORMATION

Updated triplex in montopolis neighborhood, close to airport, ACC and Lady Bird lake. Hack your mortgage and live in one unit, fully updated with new interior and exterior paint. Easy to lease 1 bedroom units with big yards! New gated parking and porch covers, full paint and new windows!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
2 Acres
Year built:
1943
Baths:
MLS#:
7419355
Subdivision:
Liggins Homestead

ADDITIONAL INFORMATION

A rare opportunity to purchase 2.44 Acres of prime development land in Austin. This property is two lots, 2608 & 2610 Metcalfe Rd. Located just minutes from downtown Austin, the airport, Tesla and current and future planned public transportation hubs. Currently Zoned SF-6-CO-NP (townhome and condo) This site is level, relatively tree free, and not located in the flood zone. 2 street access to site. Setback restrictions in place from the creek on the Western border. Survey and engineered development plan available. The Austin City Council is actively trying to increase housing density in this area. Several opportunities to develop this property to its fullest potential. The two homes are currently vacant but are livable. More properties from this seller are also available in this neighborhood. Contact listing agent today for additional info and documents.

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Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Austin Real Estate

The median home value in Austin, TX is $577,400. This is higher than the county median home value of $524,300. The national median home value is $338,100. The average price of homes sold in Austin, TX is $577,400. Approximately 41.69% of Austin homes are owned, compared to 51.62% rented, while 6.7% are vacant. Austin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Austin real estate agent to arrange a tour today!

Austin, Texas 78741 has a population of 944,658. Austin 78741 is less family-centric than the surrounding county with 35.04% of the households containing married families with children. The county average for households married with children is 36.42%.

The median household income in Austin, Texas 78741 is $78,965. The median household income for the surrounding county is $85,043 compared to the national median of $69,021. The median age of people living in Austin 78741 is 33.9 years.

Austin Weather

The average high temperature in July is 95 degrees, with an average low temperature in January of 38.2 degrees. The average rainfall is approximately 34.9 inches per year, with 0.3 inches of snow per year.

Austin Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    104
    30-day change

Austin Schools and Demographics

Education near Austin, TX

Metric City County
High School Graduates 90.59 90.64
College Degree - 2 year 5.37 5.54
College Degree - 4 year 55.12 52.7
Graduate Degree 14.89 14.01
Expenditures per Student 19,780 19,780
Students per Teacher 14.5 14.5

Elementary Schools near Austin, TX

School Grades Students P/T Ratio ZIP
Allison Elementary School PK - 05 487 13.4 78741
Barton Hills Elementary School KG - 06 419 15.5 78704
Baty Elementary School PK - 05 802 14.8 78741
Galindo Elementary School PK - 05 591 12.9 78704
Govalle Elementary School PK - 05 547 14.5 78702
Linder Elementary School 01 - 05 412 13.4 78741
Metz Elementary School PK - 05 360 12.4 78702
Sanchez Elementary School PK - 05 436 13.4 78702
Travis Hts Elementary PK - 05 498 12.5 78704
Zavala Elementary School PK - 05 400 13.4 78702
Zilker Elementary School PK - 05 567 14.3 78704

Middle Schools near Austin, TX

School Grades Students P/T Ratio ZIP
Allan Elementary School PK - PK 44 14.7 78702
Fulmore Middle School 06 - 08 952 14.4 78704
Idea Allan College Preparatory 06 - 08 370 25.4 78741
Kealing Middle School 06 - 08 1,188 14.6 78702
Martin Middle School 06 - 08 555 11.2 78702
Texas Empowerment Academy 06 - 09 108 12.2 78721

High Schools near Austin, TX

School Grades Students P/T Ratio ZIP
Eastside Memorial At the Johnston Campus 09 - 12 625 13.2 78721
Travis High School 09 - 12 1,329 12.8 78704

Ungraded Schools near Austin, TX

School Grades Students P/T Ratio ZIP
* Austin Can Academy 09 - 12 307 17.2 78702
* Garza Independence High School 10 - 12 190 7.7 78702
* Premier H S American Youthworks 09 - 12 86 21.5 78741
* Premier H S of Austin 07 - 12 223 22.3 78704
Alternative Learning Center 06 - 12 166 6.8 78702
International High School 09 - 10 368 19.7 78721
Richards School for Young Women Leaders 06 - 12 764 16.8 78704
Texas School for the Deaf PK - 12 530 78704
The East Austin College Prep. At MLK 07 - 11 575 18.7 78721

Demographics near Austin, TX 78741

Metric Zip Code City
Neighborhood Type Inner City
Population 944,658 1,267,795
Population Density 2,945 1,278
Median Age 33.9 34.9
People per Household 2.3 2.4
Median Household Income 78,965 85,043
Average Income per Capita 48,550 49,191