Four Plex

This well-maintained fourplex offers a rare opportunity in one of the last untouched pockets of East Austin, with excellent value-add potential and multiple exit strategies. Built in 1972 and renovated in 2022, the property features four spacious townhome-style units, each with washer and dryer hookups—an uncommon perk in this neighborhood. Back units boast private yards, and all units require only light cosmetic updates to maximize rental income.

With 100% occupancy and a solid 7.13% cap rate, this property is already cash-flowing, while the MF-3 zoning provides long-term redevelopment potential. A recently installed roof and a performing foundation add to its stability. Situated near ongoing redevelopment projects and a recently updated neighboring 10-unit complex, this fourplex stands at the forefront of East Austin’s next wave of appreciation. Whether you’re looking for long-term rentals, mid-term stays, co-living opportunities, or future condo conversion, this property is a prime investment.