Duplex with Dedicated
For Sale
$515,000
108 W Croslin St A & B, Austin, TX 78752
Both residences are leased and offer distinct floor plans with separate outdoor areas.
Property Size2,837 SF
Price / SF$181.53
Days on Market29
Property Features for 108 W Croslin St A & B
General Information
Standard status
Active
Size
2,837 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
St. Johns
Units
Unit Mix
1 x 1BR/2BA, 1 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
1957
Tenancy
Multi
Listing Agency:
Waterloo Realty, LLC
Listed By:
Michelle Ward
(512) 461-2396
Source:
Martinhomelandmls
Added: Oct 1
Changed: Oct 25
Last Checked: Oct 7 at 1:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Waterloo Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 108 W Croslin St A & B, this 2,837-square-foot duplex contains two contrasting residences. One has a bedroom, two full bathrooms, two living areas, and an office or studio with a sink; it also has a private backyard and upper balcony. The other includes three bedrooms, two bathrooms, a front porch, and a front yard. The property was built in 1957, and both units are currently leased.
The separate layouts and outdoor spaces distinguish each side while retaining the two-unit configuration. The smaller residence includes additional living and work space, while the three-bedroom unit follows a more conventional residential arrangement.
The separate layouts and outdoor spaces distinguish each side while retaining the two-unit configuration. The smaller residence includes additional living and work space, while the three-bedroom unit follows a more conventional residential arrangement.
Key Highlights
- 2,837‑square‑foot duplex built in 1957
- Both units are currently leased
- One unit has 1 bedroom, 2 full bathrooms, two living areas, and an office or studio with a sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,909
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,180
$838.2K
Cap Rate 7%
$598,700
$598.7K
Cap Rate 9%
$465,656
$465.7K
Market Conditions
NOI Build-Up for 2,837 SF
Gross rent
$63.0K $22.20/SF
− Vacancy
−$3.1K −$1.10/SF
EGI
$59.9K $21.10/SF
− OpEx
−$18.0K −$6.33/SF
NOI
$41.9K $14.77/SF
Area
Austin, TX
Vacancy
4.94%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,180
Cap Rate 7%
$598,700
Cap Rate 9%
$465,656
Alternative Uses
Best Use
Multifamily LT 5
$598.7K
$523.9K – $698.5K
NOI $41,909 @ 7.0% cap · market cap 8.14%
Second Best
Apartment 5plus
$550.3K
$481.5K – $642.0K
NOI $38,519 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$1.11M
$972.8K – $1.30M
NOI $77,821 @ 7.0% cap · market cap 15.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,926
Businesses Nearby
Explore this area
Business Placement
Demographics for 78752, TX
19,289
Population
10,929
Households
1.8
Avg Household Size
33
Median Age
45%
College-Educated
87%
High-School Grad
3.3 sq mi
ZIP Area
5,845
Density / Sq Mi
$66,404
Median Household Income
$38,805
Median Earnings
$1,445
Median Rent
$361,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased and offer distinct floor plans with separate outdoor areas.
Where is this duplex located?
The property is located at 108 W Croslin St A & B Austin, TX.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 2,837‑square‑foot duplex built in 1957; Both units are currently leased; One unit has 1 bedroom, 2 full bathrooms, two living areas, and an office or studio with a sink
