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Duplex with Separate Residences

7404 Bethune Ave, Austin, TX 78752

For Sale
$365,000

Two distinct living spaces feature updated appliances, functional kitchens, and an expansive backyard.

Property Size1,445 SF
Price / SF$252.60
Days on Market132

Property Features for 7404 Bethune Ave

General Information

Standard status Active
Size 1,445 SF
Property subtype Duplex

Site & Location

Neighborhood St. Johns

Units

Unit Mix 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,195

Building Details

Building Size 1,445 SF
Year Built 1975
Listing Agency: Real Broker, LLC
Listed By: Jenny Litten
Source: Holtresidential
Added: Jul 2 Changed: Nov 7 Last Checked: Nov 9 at 5:00PM

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 Real Broker, LLC

Rey
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Investment Insights

Based on property information with market context.

This Austin duplex contains two residences with no shared walls and a combined 1,445 square feet. The front unit has one bedroom and one bathroom; the rear residence offers two bedrooms and one bathroom. Both include living areas, kitchens with cabinet storage, updated appliances, and bedrooms. The property was built in 1975 and has an expansive backyard.

Downtown Austin is approximately 10–15 minutes away, while Highland ACC Campus and The Link are about 5 minutes away. Parks, shopping, and dining are also noted nearby.

Key Highlights

  • Two residences with no shared walls
  • 1,445 square feet across a 1‑bedroom/1‑bath front unit and a 2‑bedroom/1‑bath rear unit
  • Built in 1975

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,346
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,920 $426.9K
Cap Rate 7%
$304,943 $304.9K
Cap Rate 9%
$237,178 $237.2K
Market Conditions
NOI Build-Up for 1,445 SF
Gross rent
$32.1K $22.20/SF
− Vacancy
−$1.6K −$1.10/SF
EGI
$30.5K $21.10/SF
− OpEx
−$9.1K −$6.33/SF
NOI
$21.3K $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%
$426,920
Cap Rate 7%
$304,943
Cap Rate 9%
$237,178

Alternative Uses

Best Use
Multifamily LT 5
$304.9K
$266.8K – $355.8K (±1% cap)
NOI $21,346 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$280.3K
$245.2K – $327.0K (±1% cap)
NOI $19,619 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$566.2K
$495.5K – $660.6K (±1% cap)
NOI $39,637 @ 7.0% cap · market cap 10.86%
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

1,328
Businesses Nearby

Demographics for 78752, TX

19,289
Population
10,929
Households
1.8
Avg Household Size
33
Median Age
45%
College-Educated
87%
High-School Grad
3.3 sq mi
ZIP Area
5,845
Density / Sq Mi
$66,404
Median Household Income
$38,805
Median Earnings
$1,445
Median Rent
$361,200
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 - Two distinct living spaces feature updated appliances, functional kitchens, and an expansive backyard.
Where is this duplex located?
The property is located at 7404 Bethune Ave Austin, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Two residences with no shared walls; 1,445 square feet across a 1‑bedroom/1‑bath front unit and a 2‑bedroom/1‑bath rear unit; Built in 1975
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