2906 Pearl Street

This Central Austin three-unit property presents a rare opportunity to invest in one of the city’s most desirable West Campus neighborhoods. Comprising 4,977 SF across a classic single-family home up front and a modern duplex behind, the property is fully leased with tenants in place, providing immediate cash flow while offering room for value-add improvements.

Zoned MF2 CO NP, the asset offers long-term flexibility for future redevelopment or rent growth. With below-market rents and strong demand near the University of Texas, investors can increase income through lease turnover, updates, or strategic upgrades. Featuring separate tenant-paid utilities, washers and dryers in all units, alley access with garages, and additional parking, this property combines convenience, income stability, and upside potential in one of Central Austin’s most walkable and sought-after pockets.

Offered at $1,960,000, this Pearl Street triplex delivers a rare combination of cash flow, appreciation potential, and investment flexibility in a core infill location.