2423 W Slaughter Ln - Apartments FOR SALE


Austin, TX 78748- Slaughter Creek
$789,900 USD
979-575-1148
2423 W Slaughter Ln, Austin, TX for Sale
$789,900 USD
Apartments - FOR SALE
1/18
null | 8.03% Cap Rate

2423 W Slaughter Ln
Austin, TX 78748
Slaughter Creek


HIGHLIGHTS

  • Tenant Occupied for $6,800/mo
  • Close Proximity to Downtown Austin
  • No HOA
  • Low Supply, High Demand area - Very few 4plexes available for sale
  • Residential 4plex allows multiple exit strategies, either to investor or owner occupant buyer (FHA loan)
  • Fully Renovated - Limited maintenance moving forward

OVERVIEW

100% Occupied, TurnKey 4plex (updated pics to come as owner finishes renovations) -10 miles from downtown Austin in high demand area. Very few 4plexes available for sale All 4 units pre-leased. Total Actual Income = $6,800/mo Unit 1: 2/2 ($1,700) - 12 month lease starts 10/1/2026. Unit 2: 2/2 ($1,700) - 12 month lease starts 10/1/2026. Unit 3: 2/2 ($1,700) - 12 month lease starts 10/1/2026. Unit 4: 2/2 ($1,700) - 12 month lease starts 10/1/2026. All units completely renovated, included but not limited to: brand new interior paint (walls, trim, frames, baseboards, cabinets), new doors, new trim, new bath vanities, all new quartz kitchen and bath countertops, new sinks, new plumbing faucets, new stainless steel appliances, new fans, new door hardware, new exterior LED lights, new interior fixtures, new cabinet hardware, etc. New roof July 2026. (architectural shingles with transferrable warranty) Newly painted fascia, soffit, siding, and consistent landscaping. 2 HVACs are ~5 yrs old. 2 other HVACs ~10 yrs old. Water heaters ~10 yrs old. No leaks. Owner will guarantee 100% occupancy at closing. No immediate maintenance/repairs needed. Each unit is on separate meters and tenants pay all bills/utilities their own. No HOA. All appliances convey with the sale. (Fridge and kitchen appliances. No W/D on property but W/D connections present on all units) Operating Expenses of $5,200 represents only annual insurance ($4k) and lawncare/common area electric ($1,200). Property management company can be put in place for 8%. Seller is selling property to move money to larger investment.

FOR SALE DETAILS

PRICE

$789,900 USD

PRICE/SF

$211 USD /SF

# OF UNITS

4

PRICE/UNIT

$197,475

CAP RATE

8.03%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cashflow 4Plex - Central Austin

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

344784

ASK ABOUT THIS PROPERTY

Ruchi MithalRuchi Mithal, BrokerMore Info
979-575-1148

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Ruchi MithalRuchi Mithal, BrokerMore Info
979-575-1148

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.