2411 S 5th St Austin, TX 78704
Multifamily property in prime location with significant upside potential.
Type:Commercial
Lot size:
0.35 Acres- Added:
- Apr 24, 2026
- Days on Market:
- 8
- Last Refresh:
- Apr 24 at 3:16 pm
Property Features for 2411 S 5th St
General Information
- Standard status
- Active
- Lot size
- 0.35 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1960
Listing agent Brett Silverman License #638589 (512) 767-4254
Listing office ATX Properties (512) 767-4254
Listing date Apr 24, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of ATX Properties
Overview
Bouldin Creek Multifamily Investment Opportunity
Located in the highly desirable Bouldin Creek neighborhood, less than two miles from downtown Austin, this multifamily property presents a compelling investment opportunity. The 0.35-acre site is zoned MF-4, allowing for the construction of 6+ additional units with a height of up to 60 feet. The property currently features a mix of four 1BD/1BA and two 2BD/1BA units. Existing rents are below market value, offering immediate returns through light renovation and rent adjustments. Alternatively, the property can be held for long-term land appreciation as Austin's density increases. A feasibility study is available to assess potential yields. The location has a bike score of 64, indicating it is bikeable, a walk score of 41, indicating car-dependent, and a transit score of 43, indicating some transit options are available. This property is suitable for private investors seeking a stabilized Bouldin Creek asset, developers considering a ground-up project, or 1031 exchange buyers.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Hays
- State
- Texas
- Longitude
- -97.7643145
- Latitude
- 30.2430172
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FAQs
What type of property is this?
Apartment building - Multifamily property in prime location with significant upside potential.
Where is this apartment building located?
The property is located at 2411 S 5th St Austin, TX.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Prime Bouldin Creek location, less than two miles from downtown Austin.; Significant development potential with MF‑4 zoning allowing 6+ additional units and up to 60 feet height.; Immediate income potential through rent increases after light renovations.
