8613 Putnam Dr, Austin, TX 78757

This fourplex is part of a unique condoed setup offering flexibility and investment potential. Units can be sold individually. The neighboring fourplex is also available, making this a rare chance to own both properties side-by-side.

The Austin neighborhood's central location on Putnam Drive puts you within minutes of Austin's most dynamic employment hubs and cultural destinations, making this four-unit residential investment both a smart financial play and a gateway to urban living. At $900,000 ($220 per square foot), the 4,096-square-foot quadruplex on 0.212 acres offers rare flexibility in Austin's competitive multifamily market - each unit can be sold individually, giving you options to deploy capital strategically or build a portfolio one property at a time.

The units themselves provide quiet, self-contained living spaces with brick and clapboard exteriors that age well in the Austin heat. Each features its own patio or private yard access, tile and carpet flooring, and essential appliances including electric ranges and water heaters. The uncovered courtyard layout creates natural separation between residences while maintaining the kind of interior-lot privacy that makes rental residents stay longer. Built in 1973, the structure has proven durability and sits on a level, landscaped lot with public road access - straightforward to manage operationally.

Location is where this investment truly clicks. You're positioned between two of Austin's largest employment centers: minutes north to the Domain office park and south toward downtown Austin's tech corridor. The surrounding Austin neighborhood sits in Austin ISD, with McCallum High School serving the area. Wooten Elementary and Burnet Middle anchor the school district for families considering the area. North Austin's retail and dining scene clusters around nearby Domain, while Congress Avenue's continued evolution south toward downtown keeps cultural momentum building in this part of the city.

Putnam Drive itself connects directly to established commercial thoroughfares, meaning your tenants aren't isolated - they're embedded in Austin's working heart. Weekend access to North Austin's restaurant and bar scene, plus the proximity to emerging creative spaces along Mueller Boulevard and the Domain corridor, keeps young professionals and established residents engaged with neighborhood life. This isn't a property that feels disconnected from Austin's action; it's positioned to capture sustained renter demand from people who want to be in the center of things.

The side-by-side availability of a neighboring identical fourplex is rare. That's a legitimate opportunity to scale multifamily holdings without market hunting. At 160 days on market, this represents a patient seller's timeline - positioning you to negotiate thoughtfully in a neighborhood where demand for income-producing multifamily assets continues to outpace supply. For investors looking to combine steady cash flow with strategic location, Putnam Drive delivers both.