Don’t miss out on this Rare Find in Vibrant, High Demand 78704! Income producing Fourplex with Charming Bungalow Style, 2/1,5 Townhome Floorplans. Well Kept, Diligently Maintained, Fully Updated, Turnkey Investment Opportunity! Choose immediate passive income, value add to raise rents higher or look into Condo Conversions for Individual Resale. Recent November comps reflect a 20-24% increase in current rental rates. Unit C is vacant and listed for lease at $1600. Other units below market rents due to long term tenants. Significant improvements include roof replacement (2022), exterior wood replacement and repaint (2025), full renovation in Unit C including new appliances, new flooring, fixtures and paint (2025). This premier location provides tenants with easy access to 290/71, Mopac and I35 and makes this property easy to lease. Located only minutes to many employers as well as 78704 many eclectic cafes, local merchants, downtown venues, Lady Bird Lake, miles of hike & bike trails, The SOCO District, South 1st and South Lamar entertainment districts adds to the ability to acquire stable renters and see long term appreciation. Unit #C is vacant a ready to show. All floorplans have front door porches, large verandah style covered decks, open living room layouts with plank flooring throuout downstairs and spacious laundry rooms off the kitchen with full size washer/dryer connections.
Pictures of each unit reflect current updates for each. See attached MLS docs for Leases, List of Updates, Income Statement, Rent Roll and Survey.
Basic Property Information
<strong>Dwelling Size - </strong> 3,956 ft2
From Public Records
<strong>Year Built - </strong> 1982
<strong>Stories - </strong> Two
<strong>Foundation - </strong> Pillar/Post/Pier
<strong>Garage - </strong> 0
Assigned, Off Street, Paved
<strong>Roof - </strong> Composition
<strong>Lot Size Acres - </strong> 0.188
<strong>Waterfront Features - </strong> None
Bedrooms - 0
<strong>Bathrooms - </strong> 0
<strong>Fireplaces - </strong> 0
None
<strong>Pool on Property- </strong> None
School District
<strong>School District - </strong> Austin ISD
<strong>Elementary - </strong> Galindo
<strong>Middle - </strong> Lively
<strong>Senior High - </strong> Travis
Home Owners Association
Amenities and Features
Other Features
Balcony
Breakfast Bar
Ceiling Fan(s)
Corain Counters
Dishwasher
Disposal
Electric Dryer Hookup
Electrical Utility Available
Exterior Steps
Gas Cooktop
Gas Oven
Gas Range
High Speed Internet
Lighting
Microwave
Open Floorplan
Refrigerator
See Remarks
Tile Counters
Walk-In Closet(s)
Washer Hookup
Utilities
Heating: Central Cooling: Ceiling Fan(s), Central Air, Electric Cable Available, Electricity Connected, Internet-Cable, Internet-Fiber, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
<strong>Community Features - </strong> See Remarks, Electronic Payments, Google Fiber, High Speed Internet, Street Lights
Walk Score
Based on information from the Austin Board of REALTORSยฎย for the period 08/12/2026 through 08/12/2026. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORSยฎ, ACTRIS and their affiliates provide the MLS and all content therein โAS ISโ and without any warranty, express or implied.
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