$799,900

Duplex In Austin

  • 2,040 Sqft
  • 7,680 Sqft lot
  • Updated: Today
  • Source:
    Unlock MLS (Austin Board of REALTORS)  MLS#2501774

About the Property

Historic charm, immediate rental income, and expansion potential in Austin’s North University neighborhood! Built in 1920, 3408 Cedar St offers an opportunity to own an income-producing duplex near the University of Texas. The main home features a 2-bedroom, 2-bath unit and a 3-bedroom, 2-bath unit, both currently leased, generating a combined $4,250 in monthly rent. Approximately 2,040 square fee
Historic charm, immediate rental income, and expansion potential in Austin’s North University neighborhood! Built in 1920, 3408 Cedar St offers an opportunity to own an income-producing duplex near the University of Texas. The main home features a 2-bedroom, 2-bath unit and a 3-bedroom, 2-bath unit, both currently leased, generating a combined $4,250 in monthly rent. Approximately 2,040 square feet of existing living space, separately metered utilities, and alley access add to the property’s appeal.

Per information provided by an architect, the 7,440-square-foot lot allows for up to three residential units and one accessory building, with up to 4,836 square feet of total living space across three structures. Collect income from the existing units while exploring opportunities to expand and maximize the property’s use. Historic character, proximity to UT, and development potential make this a compelling opportunity in Central Austin.

Buyer to perform their own due diligence. Development information is based on an architect’s assessment and is not a guarantee of city approval.
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  • Property type

    House

  • Year built

    1920

  • Price/sqft

    $392

Features

  • Garden
  • Walk In Closet
  • Duplex
  • Investment Property
  • High Ceiling
  • Laundry Room

Explore the Area

3408 Cedar ST, Austin, Texas, United States View on Google Maps
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Direct Effect Real Estate - Houston

Joined 9 months ago
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Direct Effect Real Estate - Houston
Texas, United States
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Direct Effect Real Estate - Houston
Houston, Texas, United States
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Last updated
Today
First listed
November 11
Listing reference
2501774
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