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Description

Investor Opportunity in the Heart of Austin Located at 4708 Red River St in vibrant Austin, this charming duplex offers an excellent investment opportunity just minutes from downtown and only about 2 miles from the University of Texas at Austin! Built in 1959, the property features two well-maintained 2-bedroom, 1-bath units, both currently tenant-occupied, providing immediate rental income. - Unit A is leased through May 31, 2026 and includes durable laminate flooring throughout, convenient washer/dryer hookups, and a cozy private patio - perfect for relaxing outdoors. - Unit B is leased through Dec 31, 2026 and offers stylish finished concrete floors in the main living areas, carpeted bedrooms for comfort, laundry connections, and a large private backyard. Both with off-street parking. The property’s prime location places residents close to downtown dining, entertainment, and some of the city’s most popular events and festivals, including South by Southwest and Austin City Limits Music Festival. With strong rental demand driven by proximity to the university and central Austin amenities, this duplex presents a fantastic opportunity for investors seeking steady income and long-term appreciation. Highlights - Duplex with two 2 bed / 1 bath units - Both units currently leased (income-producing) - Washer/dryer connections in each unit - Large backyard and off-street parking - Prime Central Austin location near UT and downtown Whether you’re looking to expand your rental portfolio or secure a property in one of Austin’s most desirable areas, this centrally located duplex checks all the boxes.