4306 Avenue BAustin, TX 78751

Property Details for 4306 Avenue B

Year built

1958

Lot size

0.15 AC

Property size (Sq ft)

4,804 SF

Property type

Multifamily properties

Description

This exceptional six-unit multi-family property, situated on a 0.15-acre lot in Austin's desirable Hyde Park neighborhood, offers 4,804 square feet of living space and presents a compelling investment opportunity. The property comprises one spacious three-bedroom, two-bathroom unit and five well-appointed one-bedroom, one-bathroom units. A unique feature is the largest unit's staircase leading to an adjacent unit, allowing for a potential conversion into a stunning four-bedroom, three-bathroom residence—ideal for owner-occupancy or maximizing rental income. The property benefits from a recently replaced roof (2024), enhancing its value and minimizing future maintenance concerns. Its location is unparalleled, just two miles from the University of Texas, making it perfect for student housing or faculty rentals, and only five miles from downtown Austin, providing easy access for professionals. Hyde Park's walkable lifestyle offers residents proximity to a vibrant array of restaurants, coffee shops, grocery stores, and parks. This combination of a versatile layout, prime location, and recent roof replacement makes this a rare opportunity to acquire a high-potential property in one of Austin's most sought-after areas. The asking price is $1,400,000.

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.3083

Longitude

-97.7326

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