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Six-Unit Apartment Building
New
For Sale
$2,300,000

1201 W 8th St, Austin, TX 78703

Corner apartment property with individually metered units and multifamily zoning in central Austin.

Property Size3,988 SF
Lot Size0.18 Acres
Price / SF$576.73
Days on Market2

Property Features for 1201 W 8th St

General Information

Standard status Active
Size 3,988 SF
Lot size 0.18 Acres
Zoning MLT FAM DWLG (Multi-Family Dwelling)

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Topography flat
Multifamily Units 6

Building Details

Year Built 1915
Listing Agency: Aubrey Franklin, Broker
Listed By: Aubrey Franklin · License #0476583
Source: Martinhomelandmls
Added: Sep 18 Last Checked: Sep 19 at 1:50PM

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 Aubrey Franklin, Broker

Investment Insights

Based on property information with market context.

This six-unit apartment property includes 6 bedrooms and 5 bathrooms, with separate electric and gas meters serving each unit. The improvements date to 1915 and occupy a corner site at W 8th St and Blanco St in Austin’s Clarksville area. The property is zoned MLT FAM DWLG (Multi-Family Dwelling), supporting its current multifamily configuration and redevelopment consideration. The site was formerly used as a church and includes an approximately 8,002-square-foot lot. The seller requests a 90-day leaseback after closing at no charge.

Key Highlights

  • Six‑unit apartment property with 6 bedrooms and 5 bathrooms
  • Approximately 8,002 SF flat corner lot
  • Separate electric and gas meters for each unit

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Daycare Center Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,586
Businesses Nearby

Demographics for 78703, TX

22,194
Population
12,237
Households
1.8
Avg Household Size
38
Median Age
84%
College-Educated
99%
High-School Grad
5.6 sq mi
ZIP Area
3,963
Density / Sq Mi
$144,637
Median Household Income
$80,622
Median Earnings
$2,217
Median Rent
$1,353,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Corner apartment property with individually metered units and multifamily zoning in central Austin.
Where is this apartment building located?
The property is located at 1201 W 8th St Austin, TX.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Six‑unit apartment property with 6 bedrooms and 5 bathrooms; Approximately 8,002 SF flat corner lot; Separate electric and gas meters for each unit
More about this property
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