8-Unit Multifamily in Austin, TX
Travis County, TX · listed Feb 19, 2026 (251 days)
- $/unit
- $115,625
- ▲ 25% vs TX · 64th pct
- Cap rate
- 5.8%
- ▼ 1.6 pts vs TX median
- NOI
- $54K
- $6,718/unit/yr
- Units
- 8
- 1 bldg · 2001
Financials
- Asking price
- $925,000
- Price per unit
- $115,625
- Price per sq ft
- $206
- Gross rent / year
- Not stated
- Net operating income
- $53,742
- NOI per unit
- $6,718
- Cap rate
- 5.8%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- eight one-bedroom, one-bath residences
- Buildings
- 1
- Year built
- 2001
- Building size
- 4,480 sq ft
- Avg unit size
- 560 sq ft
- Lot size
- 0.17 acres
- Condition
- Not stated
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Feb 19, 2026
- Days on market
- 251 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2022
About this property
Welcome to (address on request), Austin, TX — a newly renovated 8-unit multifamily property comprised of eight one-bedroom, one-bath residences. This asset has undergone extensive recent improvements, including a new roof (2024), one new HVAC system, five new water heaters, four new stoves, five new refrigerators, eight new windows, three new doors, and steel exterior doors installed on all units. Interiors feature fresh paint throughout along with select upgrades.
Additional enhancements include a repaired laundry room ready for equipment installation and added income potential, a new 6-foot cinderblock fence along the rear of the property, and consistent professional pest control. Numerous smaller repairs have also been completed, demonstrating strong attention to detail and making this a truly turnkey multifamily investment opportunity in the Austin market. Further upside exists through the addition of laundry machines and the potential rental of two approximately 5x5 storage spaces for additional revenue.
Multifamily | 8 Units | $115,625/unit
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
Austin, TXNew | $1M | $125K$125K | — |
Stabilized | $795K | $133K$133K | 8.3%gy |
Austin, TX▼ 14% cutValue-add | $2.15M | $143K$143K | — |
| $1.8M | $360K$360K | 2.9% | |
| Austin, TX | $1.25M | $208K$208K | — |
Stabilized | $2.25M | $141K$141K | 4% |

