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There are currently
91
Multi Family Homes for sale in Austin, Texas.
5
New Multi Family Homes for Sale in the Last 7 Days.
0
New Multi Family Homes for Sale in the Last Day.
Price
Beds
Baths
For Sale / Multi-Family
Advanced Search
New Listing - 3 days online
$590,000
Multi-Family For Sale
Active
3,080
SQFT
3305 Thomas Kincheon Street
Austin, TX 78745
Kincheon Subdivision
New Listing - 3 days online
$285,000
Multi-Family For Sale
Active
2,160
SQFT
8303 Riverstone Drive
Austin, TX 78724
Colony Meadows Sec 02 Subdivision
New Listing - 4 days online
$515,000
Multi-Family For Sale
Active
1,850
SQFT
1305 E 28th Street
Austin, TX 78722
DANCY ADDN Subdivision
New Listing - 5 days online
$1,250,000
Multi-Family For Sale
Active
13,378
SQFT
1505 W North Loop Boulevard
Austin, TX 78756
Taylor Flat 02 Subdivision
New Listing - 5 days online
$675,000
Multi-Family For Sale
Active
1,872
SQFT
1407 Greenwood Avenue #2
Austin, TX 78721
GREENWOOD HEIGHTS Subdivision
New Listing - a week online
$699,900
Multi-Family For Sale
Active
1,904
SQFT
2212 Trailside Drive
Austin, TX 78704
Barton Hollow Subdivision
New Listing - a week online
$999,999
Multi-Family For Sale
Active
3,253
SQFT
9049 Galewood Drive
Austin, TX 78758
Quail Creek Sec 06 Subdivision
New Listing - a week online
$335,000
Multi-Family For Sale
Pending
1,625
SQFT
2005 Cheshire Drive
Austin, TX 78723
Delwood Terrace Sec 01 Subdivision
New Listing - a week online
$455,000
Multi-Family For Sale
Pending
2,122
SQFT
1308 Matthews Lane
Austin, TX 78745
Wyldwood Sec 01 Subdivision
New Listing - 2 weeks online
$1,400,000
Multi-Family For Sale
Active
3,022
SQFT
1132 Denfield Street
Austin, TX 78721
Pecan Valley Subdivision
New Listing - 2 weeks online
$390,000
Multi-Family For Sale
Pending
1,680
SQFT
7804 Brodie Lane
Austin, TX 78745
Woodstone Village Sec 07 Subdivision
New Listing - 2 weeks online
$524,900
Multi-Family For Sale
Pending
4,188
SQFT
6502 S 1st Street
Austin, TX 78745
Buckingham Place Sec 05 Subdivision
New Listing - 2 weeks online
$1,199,988
Multi-Family For Sale
Active
2,200
SQFT
807 Baylor Street
Austin, TX 78703
Raymond Subdivision
New Listing - 2 weeks online
$375,000
Multi-Family For Sale
Active
840
SQFT
6320 Del Monte Rd
Austin, TX 78741
Mohle Add Subdivision
New Listing - 2 weeks online
$320,000
Multi-Family For Sale
Pending
1,784
SQFT
9706 Eastwend Drive
Austin, TX 78753
EASTWEND Subdivision
New Listing - 2 weeks online
$327,000
Multi-Family For Sale
Pending
1,777
SQFT
9802 Eastwend Drive
Austin, TX 78753
EASTWEND Subdivision
New Listing - 2 weeks online
$850,000
Multi-Family For Sale
Active
2,381
SQFT
5204 Guadalupe Street
Austin, TX 78751
Murray Place Subdivision
New Listing - 2 weeks online
$839,990
Multi-Family For Sale
Active
3
BED
3
TOTAL BATHS
1,800
SQFT
236 Lessin Lane #A
Austin, TX 78704
Dawson Subdivision
New Listing - 2 weeks online
$724,990
Multi-Family For Sale
Active
3
BED
3
TOTAL BATHS
1,446
SQFT
232 Lessin Lane #A
Austin, TX 78704
Dawson Subdivision
New Listing - 2 weeks online
$769,000
Multi-Family For Sale
Active
2,624
SQFT
2931 E Martin Luther King Jr Boulevard
Austin, TX 78702
Original City Subdivision

Free Austin Home Buyer Guide

Wouldn’t it be great if there were an easy-to-understand, comprehensive guide on buying a house in Austin? Smart Austin has poured our extensive experience helping people in Austin buy and sell homes into an in-depth guide to help you on your Austin home search. This 112-page home buying handbook covers everything from mortgages, closing, moving, and more! All you have to do to get this guide is enter your email below.

MULTI-FAMILY REAL ESTATE IN AUSTIN

Austin is consistently one of the fastest-growing metropolitan areas in the nation. Packed with lucrative jobs, excellent schools, beautiful weather, and a bursting culture, its no wonder people are flocking to live in Austin. With so many people moving to Austin, there is a high demand for multi-family housing. This rise in demand increases the interest in investing in multi-family properties for sale in Austin, TX.


Multi-family properties for sale in Austin come in numerous forms including Duplexes, Fourplexes, Low-rise/garden apartments, Mid-rise apartments, Highrise Towers, Condo buildings, Townhome Communities, and Large Apartment Complexes.


Ownership of income-producing properties results in monthly cash flow, tax advantages, and appreciation. Investors are often interested in finding real estate that has a high potential to appreciate and rental returns. A strategy often used is to seek out distressed properties or owners with the intent to turn the property around through repairs or additional capital. In the Austin real estate market, properties of this type that come to market periodically. Often, investors who are ready to move up to a larger property list their current properties for sale to access the capital needed to acquire the larger property.

EVALUATING MULTI-FAMILY PROPERTIES

Buyers should review the condition and location of the property. The condition of the property should include two components. The first component is the current condition of the property. The second component is the cost of maintaining the building, infrastructure, landscaping, and amenities over an extended period. The location should be analyzed on a case by case basis sometimes being near a college or university, entertainment district, or on a bus line may be better than proximity to an elementary school, park or greenbelt. Amenities are a critical factor in attracting quality tenants. Still, again they need to be analyzed on a case by case basis sometimes quality parking, and a conveniently located dog park can mean more to a renter than a hot tub and a tennis court.


During the transaction for a single multi-family property or an entire complex, buyers must interface numerous individuals, all playing a different roles. In addition to a Smart Austin Realty agent, a buyer will need to interface with title companies, finance companies, insurance agent, certified public account, appraiser, surveyor, contractors, and a property manager. They will need to analyze the financial aspects of the transaction carefully. In making decisions, a buyer relies on information such as the number of units, potential or current rent rate and rental history, zoning and use laws, cash-flow history, and other associated expenses. Other factors considered are projected growth in the area, large employers moving nearby, school zoning, and planned developments.


If owning a multi-family property is an investment opportunity are considering, contact a Smart Austin Realty agent. Their expertise and guidance will help you identify the right property for you. They will carefully walk you through your options for financing, down payments, inspections, and contingencies. They also help with due diligence and can order a market rent analysis. This is just the beginning of your venture into owning a multi-family property. Let us help you get off on to a great start.

Contact a Multi-Family Property REALTOR® today.

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