512-343-2700
3707 Cedar St, Austin, TX for Sale
Apartments - FOR SALE
1/15
null | Request Cap Rate

3707 Cedar St
Austin, TX 78705
North University


HIGHLIGHTS

  • Class mid-century, low-rise multifamily complex in an established neighborhood between North University and Hyde Park
  • The units have been fully remodeled and have easily accessible, off-street, surface parking directly in front of their door
  • Affordable price point for young professionals or students
  • Convenient proximity to UT, Central Market, North Lamar and numerous medical districts
  • Favorable NO-NCCD-ETOD Zoning which allows for higher-density redevelopment potential
  • 2026 outlook for Austin multifamily: Construction starts are at a 10-year low and Demand is outpacing supply for the first time in 4 years

OVERVIEW

Cedar Street Flats is a 16-unit apartment community located at 3707 Cedar Street in Austin. Submarket occupancy averages 96%. The property consists of efficiently designed one-bedroom, one-bathroom residences averaging approximately 450 square feet, with practical layouts that prioritize usable living space. Interiors feature modern upgrades throughout, contemporary cabinetry, upgraded kitchen appliances, and updated lighting and fixtures. Each unit includes large walk-in closets and individually controlled air conditioning systems. The community is supported by functional on-site amenities, including shared laundry facilities, dedicated surface parking, and a pet-friendly environment. The owners have completed both interior and exterior renovations, enhancing the overall condition, appearance, and functionality of the property.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

16

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cedar Street Flats

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,129 SF

ZONING

MF-2-NCCD-ETOD-DBETOD-NP

APN/PARCEL ID

212837

ASK ABOUT THIS PROPERTY

Daniel ElamMuskin | Elam GroupMore Info
512-343-2700

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Daniel ElamMuskin | Elam GroupMore Info
512-343-2700

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