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.
Property Type(s):
Multi Family
|
Last Updated
|
3/14/2026
|
Tract
|
Worley Add Sec 02
|
|
Year Built
|
1959
|
Community
|
Worley Add Sec 02
|
|
County
|
Travis
|
SCHOOLS
| Elementary School |
Ridgetop |
| Jr. High School |
Lamar (Austin ISD) |
| High School |
McCallum |
Additional Details
| AIR |
Ceiling Fan(s), Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Gas Range, Microwave, Refrigerator |
| AREA |
4 |
| CONSTRUCTION |
Frame |
| EXTERIOR |
Private Yard |
| HEAT |
Heat Pump |
| INTERIOR |
Ceiling Fan(s), High Speed Internet |
| LOT |
7697 sq ft |
| LOT DESCRIPTION |
Back Yard |
| PARKING |
Driveway, Side By Side |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| SUBDIVISION |
Worley Add Sec 02 |
| TAXES |
12194 |
| UTILITIES |
Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
Location
Property listed by Monte Davis, Monte Davis Realty Group, Corp
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 3/15/26 3:39 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.
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