$1,250,000
For Sale

1002 E 15th Street

Austin, TX 78702
2956 sqft | 0.20 acres | #4486984
Browse 17 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Discover the essence of Swede Hill charm in East Austin with this unique triplex property, perfect for investors or those seeking an income-generating opportunity. Built in the 1910s, this property boasts three 1-bedroom, 1-bath units in the main house, each approximately 750 square feet, plus a detached 2-bedroom, 1-bath cottage with a separate fenced yard.
**Key Features:**
- **Prime Location:** Just blocks from downtown Austin, UT, The Moody Center, and Dell Medical, ensuring consistent rental demand.
- **Historic Appeal:** Original longleaf pine and old oak hardwood floors, built-ins, and cedar closets add character and warmth.
- **Income Potential:** Current rents are Unit A $1500, Unit B $1200, Unit C $1200, and Unit D $2225. All tenants are on month-to-month leases but are eager to stay.
This property is an excellent candidate for redevelopment or can continue as a lucrative rental. With updated plumbing, a 13-year-old roof, and a new electrical system, it’s ready for the next owner to step in and enjoy the benefits.
**Please Note:** Serious inquiries only. Showings by appointment to avoid disturbing tenants.
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  • Property Details
      • InteriorBookcases, Cedar Closets, Ceiling Fans, Crown Molding, Separate Formal Dining Room, Interior Steps, Low Flow Plumbing Fixtures,
      • Utility FeaturesElectricity Available, Electricity Connected, FiberOpticAvailable, Natural Gas Connected
      • ViewCity, Neighborhood
      • Property ConditionUpdated Remodeled
      • Lot DescriptionTrees Large Size
      • Exterior MaterialsGarden, Lighting
      • FoundationPillar Post Pier
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • School DistrictAustin ISD
      • Original List Price$1,250,000
      • Property SubtypeQuadruplex
      • Elementary SchoolCampbell
      • High SchoolMcCallum
      • SubdivisionRectors
      • Middle SchoolKealing
      • MLS #4486984
      • Cost1250000
      • MLS #4486984
      • Utility SourcePublic
      • CountyTravis
      • Acres0.195
      • Square Feet2956
      • Year Built1910
      • Days on Market (Cumulative)81
      • Pets1

Location

Ranch Roads RealtyReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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