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32783369
32783368

3707 Cedar Street, Austin, TX 78705

SB
TX TX 0718525
Muskin | Elam Group
DE
TX 616676
Muskin | Elam Group
Listed by Muskin | Elam Group
Unpriced
15 days on market
Updated 14 days ago

Cedar Street Flats

Details
APN 0218040315
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,200
Units 16
Tenancy Multi
Year Built 1967
Buildings 1
Acreage 0.300
Zoning MF-2-NCCD-ETOD-DBETOD-NP
Parking Spaces 23 spaces
Parking Per SqFt 3.19
Investment Type Stabilized

Multifamily | 16 Units

Marketing description

Cedar Street Flats is a 16-unit apartment community located at 3707 Cedar Street in Austin. 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.

Investment 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, Demand is outpacing supply for the first time in 4 years, Austin leads the US in job growth

Listing Contacts

SB
TX TX 0718525
Muskin | Elam Group
DE
TX 616676
Muskin | Elam Group
Listed by Muskin | Elam Group

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Additional Information

Name
Sally Burns
License
TX 0718525
Brokerage
Muskin-Elam Group
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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