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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,840 sqft
Price per Sqft $448
Subdivision Willow Spgs Sec 01
MLS Listing ID 5133486
Year Built 1973
Annual Tax Amount $18,127
Tax Year 2024
Lot Size 10,763 Sqft
Property Sub-Type Quadruplex
Property Description
Prime Austin Investment Opportunity | Fully Renovated Quadplex + Expansion Potential! Turnkey, Income-Producing Quadplex in the Heart of Austin! This fully renovated 4-unit multifamily property is already generating strong short-term rental income with Airbnb success, and offers the rare opportunity to expand with a 5th unit for even greater cash flow. This is an unbeatable asset for any investor seeking passive income, long-term appreciation, and massive growth potential! PROPERTY FEATURES:4 Fully Renovated Units – Stripped to the studs and rebuilt with premium materials Expansion Potential – Approved for a 5th unit, unlocking additional revenue! Turnkey Airbnb or Long-Term Rental – Profitable & professionally managed Energy-Efficient Upgrades – Tankless water heaters, LED lighting, & individual mini-split HVAC systems High-End Interiors – Stainless steel appliances, granite countertops, modern cabinetry & durable flooring In-Unit Washer/Dryer – Laundry included in every unit 2 Assigned Parking Spaces Per Unit – Convenience for tenants & guests PROVEN CASH FLOW & FUTURE GROWTH: Currently generating impressive Airbnb & long-term rental income, Low operating costs with new energy-efficient systems, 5th unit addition = more doors, more income! High-demand rental area – Minutes to downtown, major employers, & entertainment hubs LOCATION, LOCATION, LOCATION! Nestled in the thriving St. Edwards/South Austin corridor, this quadplex offers the perfect balance of urban convenience & neighborhood charm. Walk to St. Edward's University – A steady pool of tenants Minutes to South Congress (SoCo), Downtown, & Zilker Park. Close to major tech hubs, nightlife, shopping & dining INVESTOR ALERT – RARE MULTIFAMILY OPPORTUNITY IN HOT AUSTIN MARKET! Whether you hold for long-term appreciation, maximize short-term rental profits, or scale with an additional unit, this is the perfect multi family play in Austin's booming real estate market!
Location
State TX
County Travis
Interior
Heating Natural Gas, Zoned
Cooling Ceiling Fan(s), Wall/Window Unit(s), Zoned
Flooring Laminate, Tile
Exterior
Exterior Feature Gutters Full
Fence Fenced, Wood
Community Features Common Grounds
Utilities Available Electricity Available, High Speed Internet, Natural Gas Available
Waterfront Description None
View None
Roof Type Composition
Building
Lot Description Trees-Large (Over 40 Ft)
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Frame,HardiPlank Type,Masonry – Partial,Wood Siding
New Construction No
Schools
Elementary Schools Galindo
Middle Schools Lively
High Schools Travis
School District Austin Isd
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Pets Allowed No
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Bought with Compass RE Texas, LLC
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Steven Ross
Director of Planning & Compliance, REALTOR® | License ID: 705554
Director of Planning & Compliance, REALTOR® License ID: 705554
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