MULTIFAMILYRADAR
No photos yet
New
$1,850,000

24-Unit Multifamily in Austin, TX

TX · listed Nov 2, 2026 (today)

Price per unit compared
This property$77K
Within ~40 mi (35)$200K
Texas median (912)$104K
$/unit
$77,083
▼ 26% vs TX · 27th pct
Cap rate
—
 
Gross yield
—
 
Units
24
 

Financials

Asking price
$1,850,000
Price per unit
$77,083
Price per sq ft
Not stated
Gross rent / year
Not stated
Net operating income
Not stated
NOI per unit
Not stated
Cap rate
Not stated
Gross yield
Not stated
Occupancy
Not stated

As stated by the seller. Verify during due diligence.

Building

Units
24
Unit mix
24 units · 1 bed / 1 bath
Buildings
Not stated
Year built
Not stated
Building size
Not stated
Avg unit size
Not stated
Lot size
Not stated
Condition
Not stated

Deal terms

Owner financing
Not stated

Listing

Listed
Nov 2, 2026
Days on market
Today
On MultifamilyRadar
Nov 2, 2026
Last price change
Not stated
Location
City only
Listing #
2537

About this property

New number on one of my favorite South Austin deals. Swipe through 👉

(address on request) is now offered at $1,850,000.

Here’s why I nerd out on this one: it’s 24 identical units. Same floor plan, same finishes, same rent comp. That means one renovation scope and one operating playbook, and the underwriting gets very simple, very fast. All located in 78745 🔥

***CALL FOR OFFERS 11/20*** → 24 units · 1 bed / 1 bath · ±500 SF each → ±12,000 rentable SF → $77,083 per door · ±$154 per SF ✨ Stone and siding around a palm-shaded courtyard; plank floors and ceiling fans inside

📍 South Austin, 78745: minutes from St. Elmo, South Congress and Downtown 🔑 Offering memorandum available with a signed confidentiality agreement

DM me “GILLIS” for the offering memorandum.

Taylor Sherwood · Echelon Property Group | eXp Realty

#AustinRealEstate #MultifamilyInvesting #SouthAustin #CommercialRealEstate #ApartmentInvesting 78745 TheInvestorBroker

Location

Somewhere in Austin. The exact address is shared on request.

Similar buildings nearby

PropertyPrice$/unitCap
6-Unit Multifamily in Austin, TXAustin, TX$1.65M$275K—
28-Unit Multifamily in Devine, TXDevine, TX28-Unit Value-Add Multifamily, 3.75 Acres - $6,150/Mo In Place
FeaturedValue-add
$450K$16K—
Austin, TX
New
$1.55M$310K—
16-Unit Multifamily in Austin, TXAustin, TX
Stabilized
$2.25M$141K4%
23-Unit Multifamily in Austin, TXAustin, TX
▼ 30% cutStabilized
$12.9M$563K8.5%gy
5-Unit Multifamily in Austin, TXAustin, TX$1.8M$360K2.9%