Two-Unit
New
For Sale
$439,900
3402 Charles ST # B Unit A and B, Austin, TX 78702
Both residences offer two bedrooms and one bathroom in a 1968-built property.
Property Size1,550 SF
Days on Market6
Property Features for 3402 Charles ST # B Unit A and B
General Information
Standard status
Active
Size
1,550 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$13,217
Building Details
Building Size
1,550 SF
Year Built
1968
Listing Agency:
La Casa Realty Group
Listed By:
Jaime Elizalde · License #0488273
(512) 458-1448
Source:
Zellteam
Added: Oct 8
Changed: Oct 11
Last Checked: Oct 13 at 12:52AM
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 La Casa Realty Group
Investment Insights
Based on property information with market context.
This duplex contains two residences, each configured with two bedrooms and one bathroom. The building dates to 1968, providing a defined residential layout for both units.
The property is in Austin, with Downtown Austin, local restaurants, entertainment, and major roadways identified as nearby context.
The property is in Austin, with Downtown Austin, local restaurants, entertainment, and major roadways identified as nearby context.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- Built in 1968
- Located near Downtown Austin
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,897
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$457,940
$457.9K
Cap Rate 7%
$327,100
$327.1K
Cap Rate 9%
$254,411
$254.4K
Market Conditions
NOI Build-Up for 1,550 SF
Gross rent
$34.4K $22.20/SF
− Vacancy
−$1.7K −$1.10/SF
EGI
$32.7K $21.10/SF
− OpEx
−$9.8K −$6.33/SF
NOI
$22.9K $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%
$457,940
Cap Rate 7%
$327,100
Cap Rate 9%
$254,411
Alternative Uses
Best Use
Multifamily LT 5
$327.1K
$286.2K – $381.6K
NOI $22,897 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$300.6K
$263.1K – $350.8K
NOI $21,045 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$607.4K
$531.5K – $708.6K
NOI $42,518 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
801
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms and one bathroom in a 1968-built property.
Where is this duplex located?
The property is located at 3402 Charles ST # B Unit A and B Austin, TX.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; Built in 1968; Located near Downtown Austin
