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Duplex with Fenced Yards

4714 & 4716 Harmon Ave, Austin, TX 78751

For Sale
$499,000

One residence is leased and the other is vacant, with appliances and a carport serving each unit.

Property Size1,212 SF
Price / SF$411.72
Days on Market152

Property Features for 4714 & 4716 Harmon Ave

General Information

Standard status Active
Size 1,212 SF
Total Parking Spaces 2
Property subtype Duplex

Site & Location

Neighborhood North Loop

Additional Details

Multifamily Units 2
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $8,292

Amenities

refrigerator
stove
washer/dryer
fenced backyard

Building Details

Building Size 1,212 SF
Year Built 1948
Listing Agency: Kuper Sotheby's Int'l Realty
Listed By: Suzanne Pringle · License TX #0313734
Source: Triplelrealty
Added: Jun 12 Changed: Nov 7 Last Checked: Nov 9 at 7:44PM

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 Kuper Sotheby's Int'l Realty

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Investment Insights

Based on property information with market context.

Built in 1948, this 1,212-square-foot duplex has two residences, one currently leased and one vacant. Both units include a refrigerator, stove, washer and dryer, plus a one-car carport and fenced backyard. The property also has a 2025 roof and a recent water heater. A recent as-built topography and tree survey is available.

The corner property is within walking distance of In-N-Out Burger, Lazarus Brewing Company, The Omelletry, The Grand Billiards Social Club and Toy Joy. Showings are by appointment.

Key Highlights

  • Two‑unit duplex with 1,212 square feet
  • One unit leased; the second unit is vacant
  • Each unit has a one‑car carport and fenced backyard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,904
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,080 $358.1K
Cap Rate 7%
$255,771 $255.8K
Cap Rate 9%
$198,933 $198.9K
Market Conditions
NOI Build-Up for 1,212 SF
Gross rent
$26.9K $22.20/SF
− Vacancy
−$1.3K −$1.10/SF
EGI
$25.6K $21.10/SF
− OpEx
−$7.7K −$6.33/SF
NOI
$17.9K $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%
$358,080
Cap Rate 7%
$255,771
Cap Rate 9%
$198,933

Alternative Uses

Best Use
Multifamily LT 5
$255.8K
$223.8K – $298.4K (±1% cap)
NOI $17,904 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$235.1K
$205.7K – $274.3K (±1% cap)
NOI $16,456 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$474.9K
$415.6K – $554.1K (±1% cap)
NOI $33,246 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,959
Businesses Nearby

Demographics for 78751, TX

17,071
Population
9,966
Households
1.7
Avg Household Size
30
Median Age
77%
College-Educated
98%
High-School Grad
2.4 sq mi
ZIP Area
7,113
Density / Sq Mi
$81,657
Median Household Income
$53,330
Median Earnings
$1,627
Median Rent
$700,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Austin, TX

$293 Jul
$323 Aug
$302 Sep
$278 Oct

Properties on Market for Duplexes in Austin

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - One residence is leased and the other is vacant, with appliances and a carport serving each unit.
Where is this duplex located?
The property is located at 4714 & 4716 Harmon Ave Austin, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,212 square feet; One unit leased; the second unit is vacant; Each unit has a one‑car carport and fenced backyard
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