Recently Remodeled
For Sale
$1,095,000
1708 E 17th St, Austin, TX 78702
Recently remodeled duplex with matching four-bedroom, three-bath units, designed for long-term rental income.
Property Size2,357 SF
Price / SF$464.57
Days on Market56
Property Features for 1708 E 17th St
General Information
Standard status
Active
Size
2,357 SF
Property subtype
Multi Family Home
Building Details
Building Size
2,357 SF
Year Built
2000
Tenancy
Multi
Listing Agency:
Resavvy LLC
(512) 762-8669
Listed By:
Tony Lazarov · License #9005423
Source:
Buttross
Added: Jun 6
Changed: Jul 31
Last Checked: Jul 31 at 3:43AM
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 Resavvy LLC
Investment Insights
Based on property information with market context.
This recently remodeled duplex features a large-lot layout with two mirror-image residences. Each side offers four bedrooms and three full bathrooms, providing a straightforward plan for tenant occupancy. The property was built in 2000 and was remodeled from bottom to top, supporting an owner looking for a turnkey residential income asset.
The duplex is located at 1708 E 17th St in Austin, TX, within walking distance of the UT Baseball field. The area is supported by nearby dining options, including JuiceLand, Sour Duck Market, and Austin Daily Press. It’s also positioned close to UT and the downtown and Muller areas.
The duplex is presented as an investment opportunity, with both sides leased. The remarks describe underwriting based on a projected 6% cap rate to support the sales structure.
The duplex is located at 1708 E 17th St in Austin, TX, within walking distance of the UT Baseball field. The area is supported by nearby dining options, including JuiceLand, Sour Duck Market, and Austin Daily Press. It’s also positioned close to UT and the downtown and Muller areas.
The duplex is presented as an investment opportunity, with both sides leased. The remarks describe underwriting based on a projected 6% cap rate to support the sales structure.
Key Highlights
- Recently remodeled duplex remodeled from bottom to top
- Two mirror‑image units: each side has four bedrooms and three full bathrooms
- Built in 2000 with a large‑lot configuration
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.3k | $22.20 |
| − Vacancy | −$2.6k | −$1.10 |
| EGI | $49.7k | $21.10 |
| − OpEx | −$14.9k | −$6.33 |
| NOI | $34.8k | $14.77 |
2,357 SF · lease $22.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$497.4K
$435.2K – $580.3K
NOI $34,818 @ 7.0% cap · market cap 3.18%
Second Best
Apartment 5plus
$457.2K
$400.0K – $533.4K
NOI $32,002 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$923.6K
$808.2K – $1.08M
NOI $64,654 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,241
Businesses Nearby
Explore this area
Business Placement
Demographics for 78702, TX
25,910
Population
14,573
Households
1.8
Avg Household Size
34
Median Age
59%
College-Educated
91%
High-School Grad
5.0 sq mi
ZIP Area
5,182
Density / Sq Mi
$101,304
Median Household Income
$65,876
Median Earnings
$1,966
Median Rent
$644,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Recently remodeled duplex with matching four-bedroom, three-bath units, designed for long-term rental income.
Where is this duplex located?
The property is located at 1708 E 17th St Austin, TX.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Recently remodeled duplex remodeled from bottom to top; Two mirror‑image units: each side has four bedrooms and three full bathrooms; Built in 2000 with a large‑lot configuration
