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    Corner Multifamily Apartment Building Title is generated by Realmo AI

    448 E Walnut St, Fredericksburg, TX 78624

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    For Sale
    $1,600,000

    Older multifamily property with 1- and 2-bedroom units and long-term tenants in a corner configuration.

    Type:Multi-Family
    Added:
    May 30, 2026
    Days on Market:
    21
    Last Refresh:
    Jun 15 at 4:37 am

    Property Features for 448 E Walnut St

    General Information

    Standard status
    Active
    Property subtype
    Multi-Family

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    Listing Contact
    Kowert Real Estate

    Listing agent Kowert Real Estate

    Listing office

    Listing date May 30, 2026

    Source Xome

    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 Kowert Real Estate

    HighLights

    • Older multifamily apartment complex with 1- and 2‑bedroom units
    • Long‑term tenants in place
    • Corner property configuration
    • Zoned R‑2
    • Level topography with extra storage
    • Located on a city road

    Overview

    This older multifamily apartment complex offers a mix of 1- and 2-bedroom units, suited to tenants looking for established, apartment-style living. The property is described as a corner building, which can provide an additional street-facing presence compared with interior sites. It is also characterized by long-term tenants, reflecting a stabilized residential occupancy profile.

    The property is located at 448 E Walnut St in Fredericksburg, Texas. The listing notes the building as an affordable housing option, and identifies it as a corner property within the surrounding area.

    For buyers seeking a residential income asset with an existing tenant base, the unit mix of 1- and 2-bedroom apartments supports a broad range of household types while keeping leasing needs focused on conventional apartment demand. The long-term tenancy referenced in the remarks may appeal to an owner looking to maintain continuity of occupancy. As an older apartment complex, prospective purchasers may also factor building age into their due diligence regarding building systems, maintenance requirements, and future capital planning.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Gillespie
    State
    Texas
    Longitude
    -98.870046
    Latitude
    30.266395

    FAQs

    What type of property is this?
    Apartment building - Older multifamily property with 1- and 2-bedroom units and long-term tenants in a corner configuration.
    Where is this apartment building located?
    The property is located at 448 E Walnut St Fredericksburg, TX.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Older multifamily apartment complex with 1- and 2‑bedroom units; Long‑term tenants in place; Corner property configuration
    More about this property
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