BEDS0
BATHS
SQUARE FEET4,016
MLS#7975516
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONDuval Villas
SCHOOLAustin ISD
Property Description
Prime North Austin Fourplex Investment ? Rare Opportunity Near The Domain. Positioned in one of North Austins most desirable and rapidly growing corridors, this fourplex @ 11900 Alpheus Ave offers a rare chance to acquire a high-performing asset in an extremely supply-constrained market. With rare active fourplex listings (2) currently available in 78759 or 78727, opportunities like this are few and far between. This recently updated property features highly sought-after 2 bed/2 bath layouts in every unit?a rare configuration that consistently attracts quality tenants and commands premium rental demand. The asset is fully occupied with stable tenancy and a proven rental history, generating current rents of $4,390/month, with clear upside potential. One unit will be purposely left vacant in May 2026, giving a new owner immediate flexibility to adjust rents to market rates and increase cash flow as well as the possibility to show a unit for interested parties. Current rents are below market for comparable 2/2 units in the area (approx 10-15%) on purpose to minimize vacancy and turnover over time, presenting a strong value-add opportunity without the need for major renovations. Located just minutes from The Domain, major tech employers, and key Austin business hubs, this property benefits from consistent tenant demand, strong historical rent growth, and long-term appreciation potential. Additionally, with only three comparable fourplex sales in the past 15 months, this asset stands out as a truly scarce investment in a high-demand submarket. Highlights: Fourplex with stable tenants, Rare 2 bed/2 bath units in all 4 units, immediate rental upside with upcoming lease expirations, Recent updates completed, prime location near The Domain and major employers and strong appreciation and rental growth submarket. This is an ideal opportunity for investors seeking a smart long term investment today with built-in upside tomorrow in one of Austins most resilient rental markets.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air
Fenced: Yes
Fireplaces: 1
Heating: Central
Lot Size: 0.19 Acres
Roof Type: Composition, Shingle
Stories: 2.0
Taxes: $13,788
Year Built: 1981
Amenities
High Ceilings
Vaulted Ceiling(s)
Pantry
Primary Bedroom on Main
See Remarks
Balcony
Feature Descriptions
Accessibility: See Remarks
Appliances: Dishwasher, Disposal, Electric Oven, Free-Standing Electric Oven, Free-Standing Electric Range, Vented Exhaust Fan, Electric Water Heater
Area #: 1N
Days on Site: 25
Exterior: HardiPlank Type, Masonry ??? Partial
Fencimg: Fenced
Flood Plain: No
Flooring: Laminate
Lot: Back Yard, Level, Trees-Large (Over 40 Ft)
Other Equipment: See Remarks
Parcel#: 02600601070000
Parking: Private, Reserved
Parking Notes: Private, Reserved
Patio/Porch: Covered, Patio, Terrace
Pets Allowed: Cats OK, Dogs OK
Restrictions: City Restrictions
Security: See Remarks, Smoke Detector(s)
Sewer: Public Sewer
Utilities: Electricity Connected, Phone Available, Water Connected
Water: Public
Window: Aluminum Frames
Local Schools
High School: Anderson
Middle School: Murchison
Elementary School: Summitt
School District: Austin ISD
Listed By / Shown By
Listed By
Agency Name: Teifke Real Estate
Agency Contact: (512) 228-0415
Shown By
Agency Title: Realty Capital City
Agency Phone: 512-744-4600
Estimate Your Payment
Estimated Payment
$ 3,099.60 per month $1,724.59 Principal & Interest $1,149.00 Property Tax $226.01 Homeowner's Insurance
11900 Alpheus Ave | MLS# 7975516
This multi-family property located at 11900 Alpheus Ave, Austin, TX 78759 is currently listed for sale with an asking price of $774,900. Alpheus Ave is located within the Austin ISD school district. Search Austin real estate on www.rmcapitalcity.com today.