Austin TX Multi Family for Sale
$515,000
2021 Wheless Ln Austin, TX 78723
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1962
- Baths:
- MLS#:
- 1192173
- Subdivision:
- Delwood Terrace Sec 02
View additional info
Courtesy: Keller Williams Realty
512-448-4111
ADDITIONAL INFORMATION
Great cash flowing investment opportunity in Windsor Park! This duplex is a 2/1 unit mix fully occupied. Prime location with close proximity to Mueller, UT, Downtown Austin, and major highways. Currently rented at $1350 and $1550 with huge upside potential. Boasting new LVP flooring throughout, and updated kitchen cabinetry and counter tops. You don't want to miss this one!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1976
- Baths:
- MLS#:
- 7257424
- Subdivision:
- D & J Properties
View additional info
Courtesy: Keller Williams Realty
512-448-4111
ADDITIONAL INFORMATION
We love the location of this South Austin Duplex. 78745 is one of the favorite zip codes for investors these last few years and for good reason. It’s a short drive from major employment corridors like Southwest Parkway, Downtown Austin, and St Davids on 290. Also, this is one of the rare areas where prices are reasonable (for now) but there is lots of upside. One of our favorite attributes about this particular deal - the layout. It’s on a corner lot so the entrance to each unit is on it’s own side of the street. No side by sides here. This means if you have an eventual plan to separate the units before an exit, it makes for a much better “we may have a connected wall but it feels like we have our own place” vibe. Market rents ~ $1700/side. The duplex is located conveniently equidistant from Mopac (Loop 1) and I-35. Note how close the duplex is to major shopping areas like the Shops at Arbor Trails. Also, this duplex is WALKABLE to the grocery store and multiple restaurants. The duplex is also close to the #333 William Cannon and #3 Menchaca bus lines. *HVAC Unit A new equipment in 2012. New ducting in 2019 Water Heater Replaced in Unit A in 2018 Electrical: Replaced main service and panels in 2016 Both units come with refrigerators.*
$450,000
5512 Evans Ave Austin, TX 78751
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1965
- Baths:
- MLS#:
- 4685129
- Subdivision:
- Highlands
View additional info
Courtesy: Providence Management, Inc.
512-350-0599
ADDITIONAL INFORMATION
Keeping Austin Weird duplex in sizzling hot area 4 in Northloop 78751!!! This quaint duplex rents very easily !!or could be used for owner occupant.One side is 2 bedroom and 1 1/2 baths. The other side is two bedrooms and 1 bath, This sweet old gal is tucked back in a quiet dead end, eliminating passing traffic. The light rail track across from the property also provides a buffer from traffic and congestion. The city recently increased the number of homes you can have on this size lot to three!! On the lot next door, they tore down a tiny home and built enormous condos. So there is great value in this lot.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1978
- Baths:
- MLS#:
- 9756500
- Subdivision:
- Lane-balke
View additional info
Courtesy: SPT & Co. Realty
512-736-4233
ADDITIONAL INFORMATION
3/2/1 each side located across Zilker park elementary school and hiker and bike trails of town lake . Potential tear down and rebuild.
$559,950
1909 Hearthside Dr Austin, TX 78757
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1968
- Baths:
- MLS#:
- 4405613
- Subdivision:
- Wooten Terrace Sec 3
View additional info
Courtesy: Greater Austin Realty®
512-918-1100
ADDITIONAL INFORMATION
Great location and opportunity for owner occupant or large family to occupy both units, or just keep the whole place as a rental. Hard to find duplexes with this many square feet. 3 bedrooms in Unit A and Unit B is a 2/1 with bonus room. 1 car garage on both sides. Per owner, about half the plumbing drain lines have been replaced under slab to the tune of about $20,000. Indoor utility rooms on both sides. Least expensive duplex in Wooten Terrace Subdivision - Price reflects need for repairs/updating.
$1,250,000
1212 Woodland Ave Austin, TX 78704
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2008
- Baths:
- MLS#:
- 2062690
- Subdivision:
- Woodland Grove I
View additional info
Courtesy: Marathon Real Estate - Tausha
512-371-7311
ADDITIONAL INFORMATION
Stunning duplex in the heart of Austin, minutes to all downtown has to offer. Both 3 bed, 2.5 bath units feature their own fully fenced backyard, laundry room and attached 1-car garage with driveway. Additional features include stainless steel appliances, shaker-style cabinets, 2-inch blinds, and bamboo & Travertine tile flooring. Both primary bathrooms have separate shower and jetted tub. Unit A offers the primary bed on the main floor and a 2nd living room upstairs. Side B features an open floorplan and a balcony in the backyard. Both units have ceiling fans in living & bedrooms and recessed lighting throughout. Carpet replaced in both units- A (8/24) and B (1/23). Easy access to I-35 and less than 1 mile to the nearest Metro stop.
$445,000
1207 Fairbanks Dr Austin, TX 78752
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1967
- Baths:
- MLS#:
- 5655200
- Subdivision:
- Cameron Park Sec 03
View additional info
Courtesy: Twelve Rivers Realty
512-588-1453
ADDITIONAL INFORMATION
Welcome to 1207 Fairbanks Dr, a distinctively styled duplex nestled in a vibrant Austin neighborhood, showcasing a blend of classic charm and modern living. This property presents a rare investment opportunity or a dream living situation for those seeking the convenience of a central location paired with a uniquely-designed home. Distinctive Features: Architectural Elegance: Embrace the stunning Spanish arch architectural elements that define this property, complemented by a striking stucco exterior. The townhouse-style layout in each unit features an inviting living area, a functional kitchen, and a convenient half bath on the first floor, with 2 cozy bedrooms and a full bath upstairs. Modern Touches: Some updates, include refreshed cabinets and tile flooring, ensuring a contemporary living experience without sacrificing charm. Comfort and Convenience: Each unit boasts an arched brick fireplace, adding a touch of warmth and elegance. The inclusion of a dedicated laundry room enhances everyday convenience, alongside an oversized attached carport for stress-free parking. Outdoor Living: Enjoy the privacy of a fenced yard, perfect for relaxation or entertaining in the beautiful Austin weather. The property’s roof, less than 2 years old, adds peace of mind and durability to this charming duplex. Whether you’re looking for an investment opportunity or a place to call home, this duplex promises a blend of comfort, style, and convenience. Discover the potential of 1207 Fairbanks Dr – where Austin's vibrant lifestyle meets the tranquility of a thoughtfully designed living space. This duplex is also listed for sale.
$1,149,000
1513 Enfield Rd Austin, TX 78703
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 2202934
- Subdivision:
- N/a
View additional info
Courtesy: Resavvy LLC
512-762-8669
ADDITIONAL INFORMATION
Rents are $7180/month w/ leases through March 2025. MF3 zoned a good-sized lot at > 9000 sqft, no trees or development barriers. Still, room to raise rents. Top Location with development opportunity. A great cover land play and top central location. Possible seller financing (terms 20% down, 7-8% interest, 12-18 months with balloon).
$525,000
2901 Kestrel Dr Austin, TX 78745
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1996
- Baths:
- MLS#:
- 2058807
- Subdivision:
- Cherry Creek Ph 08 Sec 05-a
View additional info
Courtesy: Keller Williams Realty
512-448-4111
ADDITIONAL INFORMATION
**For full Offering Memorandum go to tinyurl.com/2901-Kestrel - Showings only with executed contract** Investment Opportunity - South Austin Duplex Hidden pocket off the main road—close enough to be convenient but still tucked away. Both units come with long-term tenants, but they are on month-to-month leases, so the buyer can owner-occupy or increase rents to market value. Also, two full baths in each make it ideal for roommates. This duplex is much newer than most of the typical buildings in the Austin area too. Since it’s built in the 90’s you don’t have the same worries about cast iron or other properties from 70’s and older duplexes. Both sides are month-to-month - perfect because you’ll have the ability to raise rents up to market levels, and house-hackers can choose a unit to occupy after the close. The location is superb - it’s minutes from Mopac and William Cannon, and it’s very convenient to Costco, HEB, Whole Foods, Sprouts, and all of Sunset Valley. Note how close the duplex is to Lady Bird Lake, Downtown Austin, UT Austin, and the ABIA airport. Major employers nearby include Oracle, Google, Facebook, Indeed, St Davids Hospital, UT Medical School, and the City of Austin.
$899,000
1825 Wooten Park Dr Austin, TX 78757
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1967
- Baths:
- MLS#:
- 2583489
- Subdivision:
- Wooten Park Square
View additional info
Courtesy: Austin 101 Realty, LLC
512-400-0668
ADDITIONAL INFORMATION
Exciting investment opportunity in a great location! Located just a couple minutes from the Domain, Northcross Shopping Center, Wal-Mart, Alamo Drafthouse, and numerous dining options in the Anderson Ln/Burnet Rd vicinity. This fourplex has updated features completed in 2023 such as replaced windows on the second floor, an upgraded HVAC system in unit 104 , and a Tar+Gravel roof. Currently generating $5,370 in income with all four units leased. * Owner is also a licensed broker in Texas. *
$625,000
4713 Avenueh Austin, TX 78751
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1963
- Baths:
- MLS#:
- 8472620
- Subdivision:
- Highlands
View additional info
Courtesy: Socius Real Estate
512-675-2040
ADDITIONAL INFORMATION
Wonderful opportunity to own a home, renovate, or rebuild a home from the ground up in one of Austin's most sought-after neighborhoods. Close to everything Austin, this location gives you the best of Austin living with quick a commute to downtown, the domain, and within walking distance to many restaurants and shops.
$599,000
505 Zennia Street Austin, TX 78751
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1947
- Baths:
- MLS#:
- 4380111
- Subdivision:
- Koenig Place
View additional info
Courtesy: Socius Real Estate
512-675-2040
ADDITIONAL INFORMATION
Wonderful opportunity to own a home, renovate, or rebuild a home from the ground up in one of Austin's most sought-after neighborhoods. Close to everything Austin, this location gives you the best of Austin living with quick a commute to downtown, the domain, and within walking distance to many restaurants and shops.
$1,585,000
1608 Pease Austin, TX 78703
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1976
- Baths:
- MLS#:
- 5936720
- Subdivision:
- Enfield C
View additional info
Courtesy: Moreland Properties
512-480-0848
ADDITIONAL INFORMATION
Highly desirable lot in Old Enfield, where turnover is as rare as flat lots with no heritage trees in the building footprint. In the same family since early 1970's, this special property is tucked between a historic property and a handsome multi-million dollar estate. This oft historic pocket of very old central Austin is among the most desirable in the State of Texas. Only 10-12 blocks make up Old Enfield, just north of Clarksville. Serious seller, says submit any legit offer.
$507,000
2006 Courtney St Austin, TX 78745
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1984
- Baths:
- MLS#:
- 1239030
- Subdivision:
- Matthews Park
View additional info
Courtesy: United Real Estate Austin
512-910-7962
ADDITIONAL INFORMATION
$5000 credit for interest rate buy down or closing costs. Great opportunity for owner occupant! A-side carpet just replaced and ready for move-in. B-side getting new carpet & fresh paint, as tenant just moved out. All other flooring is tile. Super clean duplex with 2 beds/2 baths/1 car garage on each side. Located on dead-end street with mature trees! Only a few blocks from Sprouts Grocery. Close to major roadways and lots of shopping close by.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1983
- Baths:
- MLS#:
- 9316864
- Subdivision:
- Southwest Oaks Duplex Condomin
View additional info
Courtesy: Compass RE Texas, LLC
512-575-3644
ADDITIONAL INFORMATION
South Austin Duplex that would be great for an owner/occupant. Let the tenant share the $$$ load! Both units have 2 beds and 2.5 baths with one car garage and one assigned parking space. They are duplex condominiums with $350 per month for HOA. HOA covers common area maintenance, roads, sewer and water. Market rent is $1500 to $1850. Unit 5A is month to month, Unit 5B leased through September 2025 Amazing location off Menchaca Rd. Close to shopping, hospital and entertainment. Owner owns 4 duplex units.
$599,500
7205 Aldea Dr Austin, TX 78745
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1996
- Baths:
- MLS#:
- 3803807
- Subdivision:
- Woodgreen Acres
View additional info
Courtesy: Redfin Corporation
512-710-0156
ADDITIONAL INFORMATION
Best and Final offers due Mon March 18, at noon. Discover the epitome of easy living in this well maintained South Austin Duplex, where each unit boasts 3 bedrooms and 2.5 bathrooms. Spacious living, dining and kitchen areas on the first level. These well-appointed spaces feature luxury vinyl flooring, newer HVAC systems & water heaters, and new roof installed in 2021. Each unit comes with a full 1 car garage, along with private fenced backyards providing ample shade for outdoor activities. Nestled just off William Cannon with proximity to Brodie and Manchaca, this location offers easy access to I-35 and Mopac, making it a centralized hub for all things South Austin living.
$375,000
8315 Georgian Dr Austin, TX 78753
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1939
- Baths:
- MLS#:
- 5759379
- Subdivision:
- James P Wallace League Surv #5
View additional info
Courtesy: eXp Realty
888-519-7431
ADDITIONAL INFORMATION
Make all offers!!
$275,000
8311 Georgian Dr Austin, TX 78753
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1975
- Baths:
- MLS#:
- 4029797
- Subdivision:
- Wallace J P
View additional info
Courtesy: eXp Realty
888-519-7431
ADDITIONAL INFORMATION
Please make offer on all properties - Seller would like to sell package together. 8311 and 8315 Georgian Dr and 104 West Walnut Dr Total Package Price is $750,000 Listing MLS ID #5096615, 5759379,4029797 Buyers and Buyer agent to verify information- All offers will be reviewed, together or single
$695,000
8418 Riverstone Dr Austin, TX 78724
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1984
- Baths:
- MLS#:
- 2333779
- Subdivision:
- Colony Meadows Sec 01
View additional info
Courtesy: North Loop Realty
512-576-7249
ADDITIONAL INFORMATION
Great cashflow investment opportunity directly across from the 208-acre Colony Park Sustainable Development Project and Travis County Expo Center, and minutes from Travis County's biggest park, Lake Walter E. Long. Fully rented, with many investment strategies possible for clients who are looking to grow their cashflow of simply increase their equity.
$530,000
12804 Broughton Way Austin, TX 78727
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1980
- Baths:
- MLS#:
- 3334707
- Subdivision:
- Lamplight West
View additional info
Courtesy: JBGoodwin REALTORS WL
512-502-7601
ADDITIONAL INFORMATION
Great investment potential! Perfect location. Close to major employers, schools, only minutes from shopping the Domain, with easy access to Mopac/45. Huge plus- The units have been condoed and can be sold separately. The Condo regime can be easily dissolved if needed. Currently vacant but last tenants were paying $1650 per side.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1977
- Baths:
- MLS#:
- 9849664
- Subdivision:
- Buckingham Ridge Sec 04
View additional info
Courtesy: Bramlett Residential
512-850-5717
ADDITIONAL INFORMATION
This 6 Bedroom 4 Bath Duplex located in South Austin's Buckingham Ridge neighborhood offers a rare living+investment opportunity. Live in one side & rent/redevelop the other side. Both HVAC units have been replaced. This move-in ready duplex is within 10 min to Downtown, Work/Fun, Ladybird Lake & greenbelt for hiking & biking, and just 15 min to the airport. Investors can add value by increasing rents and/or remodeling both units.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1965
- Baths:
- MLS#:
- 3565833
- Subdivision:
- Chernosky 16
View additional info
Courtesy: Properties Plus
512-924-0064
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!
$2,995,000
609 Elmwood Pl Austin, TX 78705
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2017
- Baths:
- MLS#:
- 3675218
- Subdivision:
- College Court
View additional info
Courtesy: Resavvy LLC
512-762-8669
ADDITIONAL INFORMATION
Cashflow, turnkey property located within 5-minute walk from the UT Campus. 609 Elmwood next door is exactly the same selling at the same price and a buyer can ONLY purchase both 3-plexes. Demand for 4 to 7 Bed. Hoses and Units within walking distance to UT are extremely high as available 4 to 7-bed rental units are extremely limited. Students pre-lease those units years in advance to have a chance to live in one of them. All units in both 3-plexes are not only 100% occupied with leases that ends July 31st, 2024 at $1,250/bedroom rent which is $35K/mo. or $420K/yr. but it is also pre-leased with fully executed leases for the Aug 1st, 2024 – July 31st, 2025 period at $1,350/mo. or $37,800/mo between the two 3-plexes which is $453,600/yr. The projected rent for the Aug 1st, 2025 – July 31st, 2026 period is $1,500/bd or $504,000/yr. The carrying costs for this asset are quite low as property tax relief just passed in Austin has lowered tax rates and property valuations, there are no common elements to maintain, all units have separately metered utilities and tenants pay for all the utilities. All that makes the expense ratio for those units be at about 30% of gross income. That is a 4.8% Cap rate based on Aug 2024 rents and close to a 5.5% Cap rate based on the Aug 2025 pro forma. This Trophy property is in huge rental demand due to its unbeatable location, quality, and rental demand.
$625,000
8605 Woodstone Dr Austin, TX 78757
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1968
- Baths:
- MLS#:
- 7416559
- Subdivision:
- Wooten Terrace Sec 03
View additional info
Courtesy: Listing Results, LLC
817-283-5134
ADDITIONAL INFORMATION
Own an income generating home in Austin! This gorgeous duplex has been stylishly updated and has been a successful short term rental on Airbnb since 2017. Selling both units FULLY FURNISHED, turn-key and move-in ready. Features include a new roof, updated kitchen & finishings throughout. Located just 15 minutes from downtown Austin and less than 10 mins to The Domain, this is the perfect Austin location.
$2,995,000
607 Elmwood Pl Austin, TX 78705
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2017
- Baths:
- MLS#:
- 1745040
- Subdivision:
- College Court
View additional info
Courtesy: Resavvy LLC
512-762-8669
ADDITIONAL INFORMATION
Cashflow, turnkey property located within 5-minute walk from the UT Campus. 609 Elmwood next door is exactly the same selling at the same price and a buyer can ONLY purchase both 3-plexes. Demand for 4 to 7 Bed. Hoses and Units within walking distance to UT are extremely high as available 4 to 7-bed rental units are extremely limited. Students pre-lease those units years in advance to have a chance to live in one of them. All units in both 3-plexes are not only 100% occupied with leases that ends July 31st, 2024 at $1,250/bedroom rent which is $35K/mo. or $420K/yr. but it is also pre-leased with fully executed leases for the Aug 1st, 2024 – July 31st, 2025 period at $1,350/mo. or $37,800/mo between the two 3-plexes which is $453,600/yr. The projected rent for the Aug 1st, 2025 – July 31st, 2026 period is $1,500/bd or $504,000/yr. The carrying costs for this asset are quite low as property tax relief just passed in Austin has lowered tax rates and property valuations, there are no common elements to maintain, all units have separately metered utilities and tenants pay for all the utilities. All that makes the expense ratio for those units be at about 30% of gross income. That is a 4.8% Cap rate based on Aug 2024 rents and close to a 5.5% Cap rate based on the Aug 2025 pro forma. This Trophy property is in huge rental demand due to its unbeatable location, quality, and rental demand.
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Austin Real Estate
The median home value in Austin, TX is $436,950. This is higher than the county median home value of $353,300. The national median home value is $219,700. The average price of homes sold in Austin, TX is $436,950. Approximately 50.34% of Austin homes are owned, compared to 41.11% rented, while 8.55% 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 has a population of 916,906. Austin is less family-centric than the surrounding county with 35.41% of the households containing married families with children. The county average for households married with children is 36.46%.
The median household income in Austin, Texas is $63,717. The median household income for the surrounding county is $68,350 compared to the national median of $57,652. The median age of people living in Austin is 32.7 years.
Austin Weather
The average high temperature in July is 95.1 degrees, with an average low temperature in January of 38.9 degrees. The average rainfall is approximately 35.2 inches per year, with 0.6 inches of snow per year.