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There are currently
82
Multi Family Homes for sale in Austin, Texas.
8
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 - 6 days online
$1,450,000
Multi-Family For Sale
Active
3,250
SQFT
2200 Spring Creek Drive
Austin, TX 78704
Barton Terrace Sec 01 Subdivision
New Listing - 6 days online
$630,000
Multi-Family For Sale
Active
2,156
SQFT
1605 Waterloo Trail
Austin, TX 78704
Cinnamon Ridge 01-A Subdivision
New Listing - 6 days online
$424,500
Multi-Family For Sale
Active
2,354
SQFT
11102 Brushy Glen Drive
Austin, TX 78754
Woodcliff Amd Subdivision
New Listing - 6 days online
$800,000
Multi-Family For Sale
Pending
1,930
SQFT
902 Philco Drive #A & B
Austin, TX 78745
Forest Oaks Subdivision
New Listing - 6 days online
$420,000
Multi-Family For Sale
Active
1,784
SQFT
1202 Bonnie Brae Street
Austin, TX 78753
Point Vista Sec 02 & 03 Subdivision
New Listing - 7 days online
$599,900
Multi-Family For Sale
Active
2,990
SQFT
6726 Lancret Hill Drive
Austin, TX 78745
Cherry Creek Ph 06 Sec 04 Subdivision
New Listing - 7 days online
$508,500
Multi-Family For Sale
Pending
2,038
SQFT
6807 Thorncliffe
Austin, TX 78731
Northwest Hills Sec 14-C Subdivision
New Listing - 7 days online
$399,900
Multi-Family For Sale
Pending
1,968
SQFT
7403 Tumbleweed Drive
Austin, TX 78724
Las Cimas Sec 01 Subdivision
New Listing - a week online
$850,000
Multi-Family For Sale
Active
1,834
SQFT
502 E Live Oak Street
Austin, TX 78704
Pleasant View Add Subdivision
New Listing - a week online
$750,000
Multi-Family For Sale
Pending
2,189
SQFT
1008 E Live Oak Street
Austin, TX 78704
Travis Heights Subdivision
New Listing - a week online
$3,200,000
Multi-Family For Sale
Active
2,904
SQFT
4006 Avenue C Avenue
Austin, TX 78751
Hyde Park Add 02 Subdivision
New Listing - a week online
$3,200,000
Multi-Family For Sale
Active
2,734
SQFT
4004 Avenue C Avenue
Austin, TX 78751
Hyde Park Add 02 Subdivision
New Listing - a week online
$1,150,000
Multi-Family For Sale
Active
2,974
SQFT
2203 Walsh Tarlton Lane
Austin, TX 78746
BeeCave WoodS Subdivision
New Listing - a week online
$400,000
Multi-Family For Sale
Active
1,440
SQFT
1416 Springdale Road
Austin, TX 78721
Flournoy Heights Sec 01 Subdivision
New Listing - 2 weeks online
$999,990
Multi-Family For Sale
Active
1,554
SQFT
1402 Valleyridge Drive
Austin, TX 78704
Southridge Sec 04 Subdivision
New Listing - 2 weeks online
$420,000
Multi-Family For Sale
Pending
1,936
SQFT
8115 West Gate Boulevard
Austin, TX 78745
Cherry Creek Ph 08 Sec 02-A Subdivision
New Listing - 2 weeks online
$475,000
Multi-Family For Sale
Pending
1,653
SQFT
1901 Fairlawn Lane
Austin, TX 78704
Mariposa Terrace Subdivision
New Listing - 2 weeks online
$629,000
Multi-Family For Sale
Pending
2,012
SQFT
801 E 45th Street
Austin, TX 78751
Ridgetop Annex Subdivision
New Listing - 2 weeks online
$750,000
Multi-Family For Sale
Active
2,880
SQFT
5303 Harmon Avenue
Austin, TX 78751
Bliss Subdivision
New Listing - 2 weeks online
$725,000
Multi-Family For Sale
Pending
2,170
SQFT
2502 Dana Cove
Austin, TX 78746
Timberline 04 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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