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There are currently
59
Multi Family Homes for sale in Austin, Texas.
6
New Multi Family Homes for Sale in the Last 7 Days.
0
New Multi Family Homes for Sale in the Last Day.
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For Sale / Multi-Family
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New Listing - 2 days online
$600,000
Multi-Family For Sale
Active
1,901
SQFT
913 E 53 1/2 Street
Austin, TX 78751
Morningside Addn Subdivision
Open House Sat, Feb 27, 4 PM UTC
Please verify times due to COVID-19
$399,500
Multi-Family For Sale
Active
1,815
SQFT
11208 Renel Drive
Austin, TX 78758
Parsons Sec 03 Subdivision
New Listing - 3 days online
$550,000
Multi-Family For Sale
Active
1,056
SQFT
207 W 45th Street
Austin, TX 78751
Hyde Park Add 01 Subdivision
New Listing - 4 days online
$299,000
Multi-Family For Sale
Pending
1,940
SQFT
7910 West Gate Boulevard
Austin, TX 78745
Cherry Creek Ph 08 Sec 02-A Subdivision
New Listing - 4 days online
$540,000
Multi-Family For Sale
Active
1,806
SQFT
2714 Parker Lane
Austin, TX 78741
Greenbriar Sec 04 Subdivision
New Listing - 5 days online
$325,000
Multi-Family For Sale
Active
1,905
SQFT
5309 Purple Sage Drive
Austin, TX 78724
Las Cimas Sec 01 Subdivision
New Listing - a week online
$1,200,000
Multi-Family For Sale
Active
3,567
SQFT
200 W North Loop Boulevard
Austin, TX 78751
West North Loop 200 Subdivision
New Listing - a week online
$535,000
Multi-Family For Sale
Pending
2,751
SQFT
3413 Blumie Street #A and B (duplex)
Austin, TX 78745
Kincheon Sec 02 Subdivision
New Listing - 2 weeks online
$475,000
Multi-Family For Sale
Pending
1,992
SQFT
6801 Shier Cove #A & B
Austin, TX 78745
Shier Cliff I Subdivision
New Listing - 2 weeks online
$599,000
Multi-Family For Sale
Pending
1,816
SQFT
8013 Lazy Lane
Austin, TX 78757
Lazy Lane Village Subdivision
New Listing - 3 weeks online
$600,000
Multi-Family For Sale
Pending
3,223
SQFT
211 S Meadowlark Street
Lakeway, TX 78734
Cardinal Hills Unit 02 Subdivision
New Listing - 3 weeks online
$670,000
Multi-Family For Sale
Pending
3,612
SQFT
4900 W Wind Trail
Austin, TX 78745
West Gate Square Subdivision
New Listing - 3 weeks online
$395,000
Multi-Family For Sale
Pending
1,632
SQFT
9602 Point Vista Place
Austin, TX 78753
Point Vista Sec 04-A Subdivision
New Listing - 3 weeks online
$700,000
Multi-Family For Sale
Pending
2,711
SQFT
6314 Walnut Hills Drive
Austin, TX 78723
Walnut Hills Sec 02 Subdivision
New Listing - 3 weeks online
$499,000
Multi-Family For Sale
Active
1,600
SQFT
3300 Pecan Springs Road
Austin, TX 78723
Kings Resub On Pecan Spgs Road Subdivision
New Listing - 3 weeks online
$1,200,000
Multi-Family For Sale
Pending
3,995
SQFT
1705 Enfield Road
Austin, TX 78703
Enfield Subdivision
New Listing - 3 weeks online
$479,000
Multi-Family For Sale
Pending
1,810
SQFT
6203 Okner Lane
Austin, TX 78745
Southbreeze Subdivision
New Listing - 3 weeks online
$1,095,000
Multi-Family For Sale
Active
2,820
SQFT
4406 Bennett Avenue
Austin, TX 78751
Braswell Subdivision
New Listing - 3 weeks online
$1,095,000
Multi-Family For Sale
Active
3,373
SQFT
5409 Evans Avenue
Austin, TX 78751
Highlands Subdivision
New Listing - 3 weeks online
$525,000
Multi-Family For Sale
Active
1,992
SQFT
9605 Saugus Lane
Austin, TX 78733
Austin Lake Estates Sec 03 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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