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There are currently
113
Multi Family Homes for sale in Austin, Texas.
9
New Multi Family Homes for Sale in the Last 7 Days.
0
New Multi Family Homes for Sale in the Last Day.
Price
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Baths
For Sale / Multi-Family
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New Listing - yesterday
$610,000
Multi-Family For Sale
Active
3,120
SQFT
505 Hardin Court
Austin, TX 78753
Western Trails Quail Creek Sec 05 Subdivision
New Listing - yesterday
$610,000
Multi-Family For Sale
Active
3,120
SQFT
504 Hardin Court
Austin, TX 78753
Western Trails Quail Creek Sec 05 Subdivision
New Listing - 2 days online
$750,000
Multi-Family For Sale
Active
3,904
SQFT
305 E Croslin Street
Austin, TX 78752
Holiday Heights Sec 01 Subdivision
New Listing - 2 days online
$509,900
Multi-Family For Sale
Active
2,066
SQFT
200 W William Cannon Drive
Austin, TX 78745
Buckingham Ridge Sec 04 Subdivision
New Listing - 5 days online
$650,000
Multi-Family For Sale
Active
3,520
SQFT
1905 Hearthstone Drive
Austin, TX 78757
Wooten Terrace Sec 03 Subdivision
New Listing - 5 days online
$850,000
Multi-Family For Sale
Active
2,071
SQFT
607 Bellevue Place
Austin, TX 78705
College Court Subdivision
New Listing - 5 days online
$800,000
Multi-Family For Sale
Active
2,071
SQFT
507 Bellevue Place
Austin, TX 78705
College Court Subdivision
New Listing - 5 days online
$950,000
Multi-Family For Sale
Active Under Contract
1,174
SQFT
902 Jessie Street
Austin, TX 78704
Okie Heights Subdivision
New Listing - 6 days online
$769,500
Multi-Family For Sale
Active
2,422
SQFT
1410 Ashwood Road
Austin, TX 78722
Delwood Sec 03 Subdivision
New Listing - 6 days online
$825,000
Multi-Family For Sale
Active Under Contract
1,781
SQFT
2406 Trailside Drive
Austin, TX 78704
Barton Hollow Subdivision
New Listing - a week online
$675,000
Multi-Family For Sale
Pending
3,612
SQFT
2301 Mission Hill Drive
Austin, TX 78741
Mission Hill Sec 02 Subdivision
New Listing - a week online
$1,250,000
Multi-Family For Sale
Active
3,381
SQFT
1631 Woodland Avenue #A&B
Austin, TX 78741
Fawn Ridge Sec 01 Subdivision
New Listing - a week online
$625,000
Multi-Family For Sale
Active
1,878
SQFT
8001 Pinedale Cove
Austin, TX 78757
Allandale Place Sec 01 Subdivision
New Listing - a week online
$429,900
Multi-Family For Sale
Active
1,728
SQFT
2013 E Stassney Lane
Austin, TX 78744
Wagon Crossing Sec 03-A Amd Subdivision
New Listing - a week online
$535,000
Multi-Family For Sale
Pending
2,288
SQFT
377 Fantail Loop
Austin, TX 78734
Lohmans Crossing Estates Sec 2 Subdivision
New Listing - 2 weeks online
$1,489,900
Multi-Family For Sale
Active
3,192
SQFT
705 Blackson Avenue
Austin, TX 78752
St. Johns Subdivision
New Listing - 2 weeks online
$879,000
Multi-Family For Sale
Active
2,426
SQFT
1611 Cinnamon Path
Austin, TX 78704
Cinnamon Ridge Subdivision
New Listing - 2 weeks online
$790,000
Multi-Family For Sale
Active
1,768
SQFT
3303 Clawson Road
Austin, TX 78704
Southridge Sec 01 Subdivision
New Listing - 2 weeks online
$855,000
Multi-Family For Sale
Active Under Contract
2,578
SQFT
917 E 40th Street
Austin, TX 78751
Plainview Heights Subdivision
New Listing - 2 weeks online
$1,200,000
Multi-Family For Sale
Active
3,428
SQFT
2201 E 18th Street
Austin, TX 78702
Belcher W C 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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