- For Sale $4,750,000
- Property Type Multi-Family
- Property Size 9,331 SF
- Units 9
- Lot Size 0.31 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 2015
- Date Updated May 22, 2026
Description
Discover the vibrant surroundings of the property nestled in the heart of Austin, TX. This prime location offers unparalleled access to an array of amenities, from renowned dining establishments to upscale shopping destinations. Just moments away, the University of Texas at Austin creates a dynamic backdrop, fostering a hub of innovation and talent. Nearby, the scenic Lady Bird Lake provides an idyllic escape for outdoor pursuits. With easy access to major thoroughfares and a thriving business community, the area presents a compelling opportunity for office building investors seeking a strategic foothold in one of the nation's most dynamic and entrepreneurial cities.Introducing a prime opportunity for multifamily investors: a meticulously crafted 9,331 SF building boasting 9 units, ideally positioned in the thriving West Campus area of Austin. Built to exacting standards in 2015, this property offers modern design and functionality to cater to the discerning tenant. Zoned MF-4-ETOD-DBETOD-NP and situated within the the University Neighborhood Overlay, it presents a versatile canvas for development and expansion. The property's strategic location ensures seamless access to the city's amenities and attractions while providing a serene retreat for residents. With a strong rental market and a track record of robust demand, this investment promises a compelling blend of luxury living and lucrative returns.
Highlights
- 3 distinct floor plans
- 9 total units - 8 three bedroom & 1 two bedroom
- Ample ground level parking on property
- Located in the University Neighborhood Overlay
- Significant upside in income with tenant backfill
- Situated on Rio Grande St between Lamar & Guadalupe just minutes from UT Austin
- Spacious custom designed units with modern finishes
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Contacts
Jason Hellberg
eXp Commercial
Location
Located at 2822 Rio Grande St, Austin, TX 78705, this property is part of the West University neighborhood and Austin market.
Contact Listing Broker
Jason Hellberg
eXp Commercial