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11900 Alpheus Ave, Austin, TX 78759

Sqft
4,016

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Listed byTeifke Real Estate
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Overview

**PRECE REDUCTION** Seller Open to Seller Financing with 20% down and 3 yr term with a 5% rate!** Prime North Austin Fourplex Investment – Rare Opportunity Near The Domain. Positioned in one of North Austin’s most desirable and rapidly growing corridors, this fourplex offers a rare chance to acquire a high-performing asset in an extremely supply-constrained market. With rare active fourplex listings (3) currently available in 78759 or 78727, opportunities like this are few and far between. This recently updated property features highly sought-after 2 bed/2 bath layouts in every unit—a rare configuration that consistently attracts quality tenants and commands premium rental demand. One unit will be purposely left vacant in May 2026, giving a new owner immediate flexibility to adjust rents to market rates and increase cash flow as well as the possibility to show a unit for interested parties. Current rents are below market for comparable 2/2 units in the area (approx 10-15%) on purpose to minimize vacancy and turnover over time, presenting a strong value-add opportunity without the need for major renovations. Located just minutes from The Domain, major tech employers, and key Austin business hubs, this property benefits from consistent tenant demand, strong historical rent growth, and long-term appreciation potential. Additionally, with only three comparable fourplex sales in the past 15 months, this asset stands out as a truly scarce investment in a high-demand submarket. Highlights: Fourplex with stable tenants, Rare 2 bed/2 bath units in all 4 units, immediate rental upside with upcoming lease expirations, Recent updates completed, prime location near The Domain and major employers and strong appreciation and rental growth submarket. This is an ideal opportunity for investors seeking a smart long term investment today with built-in upside in Austin's hottest rental markets

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Square feet
4,016
Lot size (acres)
0.19
Year built
1981

Interior features

Fireplaces
1

Exterior features

Waterfront
None
Horse amenities
Stable

Utilities

Heating
Central
Cooling
Central Air, Ceiling Fans
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$13,788.77

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Unlock MLS (Austin Board of Realtors) MLS®#: 7975516 Last checked:

 

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.