4306 Avenue B Austin, TX 78751
This exceptional six-unit multi-family property, situated on a 0.15-acre lot in Austin's desirable Hyde Park neighborhood, offers 4,804 square feet of living space and presents a compelling investment opportunity. The property comprises one spacious three-bedroom, two-bathroom unit and five well-appointed one-bedroom, one-bathroom units. A unique feature is the largest unit's staircase leading to an adjacent unit, allowing for a potential conversion into a stunning four-bedroom, three-bathroom residence—ideal for owner-occupancy or maximizing rental income. The property benefits from a recently replaced roof (2024), enhancing its value and minimizing future maintenance concerns. Its location is unparalleled, just two miles from the University of Texas, making it perfect for student housing or faculty rentals, and only five miles from downtown Austin, providing easy access for professionals. Hyde Park's walkable lifestyle offers residents proximity to a vibrant array of restaurants, coffee shops, grocery stores, and parks. This combination of a versatile layout, prime location, and recent roof replacement makes this a rare opportunity to acquire a high-potential property in one of Austin's most sought-after areas. The asking price is $1,400,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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