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There are currently
104
Multi Family Homes for sale in Austin, Texas.
11
New Multi Family Homes for Sale in the Last 7 Days.
4
New Multi Family Homes for Sale in the Last Day.
Price
Beds
Baths
For Sale / Multi-Family
Advanced Search
New Listing - 28 minutes online
$375,000
Multi-Family For Sale
Active
1,596
SQFT
832 N Meadows Drive
Austin, TX 78758
North Meadows Subdivision
New Listing - 28 minutes online
$375,000
Multi-Family For Sale
Active
1,596
SQFT
830 N Meadows Drive
Austin, TX 78758
North Meadows Subdivision
New Listing - 33 minutes online
$375,000
Multi-Family For Sale
Active
1,596
SQFT
900 N Meadows Drive
Austin, TX 78758
North Meadows Subdivision
New Listing - 20 hours online
$749,950
Multi-Family For Sale
Active
1,691
SQFT
1911 David Street #A & B
Austin, TX 78705
Carrington Subdivision
New Listing - 2 days online
$399,999
Multi-Family For Sale
Active
1,848
SQFT
4706 Rocking Chair Road
Austin, TX 78744
Coffeeville Subdivision
New Listing - 2 days online
$899,900
Multi-Family For Sale
Active
4,224
SQFT
1206 Hollow Creek Drive
Austin, TX 78704
Barton Hollow Subdivision
New Listing - 3 days online
$1,600,000
Multi-Family For Sale
Active
3,320
SQFT
1813 W 8th St Street
Austin, TX 78703
Martin Mrs T Subdivision
New Listing - 5 days online
$460,000
Multi-Family For Sale
Active
1,647
SQFT
1406 Braes Ridge Drive
Austin, TX 78723
Braes Ridge Add Sec 01 Subdivision
New Listing - 6 days online
$650,000
Multi-Family For Sale
Active
2,840
SQFT
3511 Westchester Avenue
Austin, TX 78759
Balcones Terrace Subdivision
New Listing - 7 days online
$1,200,000
Multi-Family For Sale
Active Under Contract
2,894
SQFT
609 Patterson Avenue
Austin, TX 78703
West End Heights Subdivision
New Listing - 7 days online
$765,000
Multi-Family For Sale
Active Under Contract
3,040
SQFT
3423 Willowrun Drive
Austin, TX 78704
Willow Spgs Sec 01 Subdivision
New Listing - a week online
$509,900
Multi-Family For Sale
Active
2,066
SQFT
202 W William Cannon Drive
Austin, TX 78745
Buckingham Ridge Sec 04 Subdivision
New Listing - a week online
$799,950
Multi-Family For Sale
Active Under Contract
1,896
SQFT
1719 Aggie Lane
Austin, TX 78757
Crestview Add Sec 04 Subdivision
New Listing - a week online
$27,000,000
Multi-Family For Sale
Active
35,712
SQFT
1725 Toomey Road
Austin, TX 78704
Schutze Resub of Tr B of Is Subdivision
New Listing - a week online
$840,000
Multi-Family For Sale
Active Under Contract
2,752
SQFT
6702 Fort Davis Cove
Austin, TX 78731
North Cat Mountain Sec 02 Subdivision
New Listing - a week online
$549,900
Multi-Family For Sale
Active
1,905
SQFT
7401 Tumbleweed Drive
Austin, TX 78724
Las Cimas Sec 01 Subdivision
New Listing - a week online
$750,000
Multi-Family For Sale
Active
3,845
SQFT
3302 Elija Street
Austin, TX 78745
Kincheon Sec 02 Subdivision
New Listing - a week online
$400,000
Multi-Family For Sale
Pending
1,715
SQFT
10007 Quail Valley Boulevard
Austin, TX 78758
Quail Creek West Ph 02 Sec 05 Subdivision
New Listing - a week online
$925,000
Multi-Family For Sale
Pending
2,288
SQFT
2103 Enfield Road
Austin, TX 78703
Westfield A Subdivision
New Listing - a week online
$950,000
Multi-Family For Sale
Active
3,072
SQFT
5517 Duval Street
Austin, TX 78751
Highlands 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.

Interested in Buying in the Multi-Family Property?

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