MULTIFAMILYRADAR
8-Unit Multifamily in Austin, TX, photo 1
$925,000

8-Unit Multifamily in Austin, TX

Travis County, TX · listed Feb 19, 2026 (251 days)

Price per unit compared
This property$116K
Within ~40 mi (32)$204K
Texas median (1,196)$92K
$/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.

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