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There are currently
61
Multi Family Homes for sale in Austin, Texas.
7
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
$850,000
Multi-Family For Sale
Active
2,800
SQFT
614 W 51st St
Austin, TX 78751
Edgefield Add Subdivision
New Listing - yesterday
$715,000
Multi-Family For Sale
Pending Taking Backups
2,352
SQFT
3465 Willowrun Dr
Austin, TX 78704
Willow Spgs Sec 01 Subdivision
New Listing - 3 days online
$725,000
Multi-Family For Sale
Pending Taking Backups
3,420
SQFT
3458 Willowrun Dr
Austin, TX 78704
Willow Spgs Sec 01 Subdivision
New Listing - 4 days online
$280,000
Multi-Family For Sale
Active
1,826
SQFT
6800 Wentworth Dr
Austin, TX 78724
LAKESIDE HILLS PHASE 3-A Subdivision
New Listing - 6 days online
$499,900
Multi-Family For Sale
Active
2,684
SQFT
8011 Lazy Ln
Austin, TX 78757
Lazy Lane Village Subdivision
New Listing - 7 days online
$498,500
Multi-Family For Sale
Pending Taking Backups
3,002
SQFT
3402 Blumie St
Austin, TX 78745
Kincheon Sub Sec 2 Subdivision
New Listing - 7 days online
$394,900
Multi-Family For Sale
Pending Taking Backups
1,764
SQFT
5009 Mashie Cv
Austin, TX 78744
Hole In Add 01 Subdivision
New Listing - a week online
$1,200,000
Multi-Family For Sale
Active
2,512
SQFT
2300 Hartford Rd
Austin, TX 78703
Sunset Hill Enfield 02 Subdivision
New Listing - a week online
$399,900
Multi-Family For Sale
Pending Taking Backups
2,525
SQFT
1805 Briar Hill Dr
Austin, TX 78741
Colorado Hills Estates Sec 7 A Subdivision
New Listing - a week online
$525,000
Multi-Family For Sale
Active
1,524
SQFT
7604 Tisdale Dr
Austin, TX 78757
Jefferson Village Subdivision
New Listing - a week online
$418,000
Multi-Family For Sale
Pending
2,460
SQFT
820 Sahara Ave
Austin, TX 78745
Turtle Creek Estates Sec 01 Subdivision
New Listing - a week online
$996,000
Multi-Family For Sale
Active
2,662
SQFT
3711 Meredith St
Austin, TX 78703
Laurel Heights Subdivision
New Listing - a week online
$549,000
Multi-Family For Sale
Active
3,870
SQFT
5807 Cougar Dr
Austin, TX 78745
Heatherwood Subdivision
New Listing - 2 weeks online
$579,000
Multi-Family For Sale
Active
1,931
SQFT
2305 Northland Dr
Austin, TX 78756
Shoalmont Addn Subdivision
New Listing - 2 weeks online
$695,000
Multi-Family For Sale
Pending Taking Backups
1,680
SQFT
610 Genard St
Austin, TX 78751
Murray Place Subdivision
New Listing - 2 weeks online
$659,500
Multi-Family For Sale
Pending Taking Backups
1,820
SQFT
608 1/2 Genard St
Austin, TX 78751
Murray Place Subdivision
New Listing - 2 weeks online
$764,500
Multi-Family For Sale
Pending Taking Backups
1,847
SQFT
202 E 31st St
Austin, TX 78705
Speedway Heights Subdivision
New Listing - 2 weeks online
$345,000
Multi-Family For Sale
Active
1,920
SQFT
6108 Calmar Cv
Austin, TX 78721
Johnston Terrace Sec 07 Subdivision
New Listing - 2 weeks online
$525,000
Multi-Family For Sale
Active
3,725
SQFT
3311 Dalton St
Austin, TX 78745
Kincheon Sec 01 Subdivision
New Listing - 2 weeks online
$270,000
Multi-Family For Sale
Pending Taking Backups
1,936
SQFT
9610 Carson Creek Blvd
Del Valle, TX 78617
Carson Creek Add Sec 02 Subdivision

Free Austin Home Buyer Guide

If you are considering buying a home in the Austin area our free 112 page Austin Homebuyer Guide will be a tremendous resource. Our comprehensive guide has information on: The Home Buying Process, Mortgages, Home Search, Your Home, Closing, Moving, and common Real Estate Terms.

Enter your email to download our 112 page Austin Homebuyer Guide.

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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