Listing Agency: Matthews

Listed By: Richard Waterhouse · License #TX 756367

Source: Crexi

Added: Apr 24 Changed: Aug 8 Last Checked: Jul 23 at 8:40AM

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Investment Insights

Based on property information with market context.

This is a six-unit multifamily property offered for sale. The listing is presented as a residential income asset with six total units.

The address is 2813 Rio Grande St in Austin, Texas. The property is being marketed for sale under the multifamily category.

With six units in place, the building is structured to support residential rental income.

Key Highlights

• Income‑producing 6‑unit multifamily building for sale
• $541,667 per unit

Property Analytics

Property Profile

Current Use

Provenance Constructors General Contractor Shane Michael Brooks Corporate Office Texan Properties Property Management Company Matthew Ely, Ely ... Real Estate Agency Rio Grande Condo Condominium Complex

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Barber Shop Furniture & Home Goods Pet Grooming Service Pet Store & Service

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

Location Intelligence

Trade Area within ½ mile

2,653

Businesses Nearby

Explore this area Business Placement

Demographics for 78705, TX

36,535

Population

12,519

Households

2.9

Avg Household Size

23

Median Age

80%

College-Educated

99%

High-School Grad

2.1 sq mi

ZIP Area

17,398

Density / Sq Mi

$30,336

Median Household Income

$10,994

Median Earnings

$1,520

Median Rent

$627,900

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Income-producing six-unit multifamily building available for sale.

Where is this apartment building located?

The property is located at 2813 Rio Grande St Austin, TX.

What are key features of this property?

This property features: Income‑producing 6‑unit multifamily building for sale; $541,667 per unit