| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 69th | Fair |
| Demographics | 80th | Best |
| Amenities | 54th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4100 Avenue C, Austin, TX, 78751, US |
| Region / Metro | Austin |
| Year of Construction | 1978 |
| Units | 30 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
4100 Avenue C Austin Multifamily Investment Opportunity
Neighborhood-level occupancy has been resilient and renter demand is supported by a high renter-occupied share, according to WDSuite’s CRE market data.
Located in Austin’s Urban Core, the property sits within a neighborhood rated A- and ranked 107 out of 527 metro neighborhoods, placing it in the top quartile locally. This positioning typically reflects steady leasing conditions and balanced fundamentals at the neighborhood level rather than the property itself.
Daily needs are well served with grocery, parks, and pharmacy access performing in the upper national percentiles, while sit-down dining is moderate. These amenity dynamics help support resident retention and reduce turnover risk, particularly for workforce renters who value convenience.
Neighborhood rents sit above national medians, and the area’s home values are elevated relative to incomes. In practice, this high-cost ownership market tends to reinforce multifamily demand and pricing power while requiring active lease management to monitor affordability pressure. The neighborhood’s renter concentration is high (share of housing units that are renter-occupied), which signals a deep tenant base for small to mid-sized assets.
Within a 3-mile radius, demographics show recent population growth, a rising household count, and projections for additional household gains in the next five years, indicating a larger tenant base and support for occupancy stability. Household sizes are trending smaller, which can favor demand for studios and one-bedrooms. Construction vintage for the asset is 1978, slightly newer than the neighborhood’s average stock from the early 1970s—typically competitive against older buildings but still warranting targeted capital planning for systems and interiors to sustain leasing performance.
Safety indicators for the neighborhood are mixed compared to national benchmarks. Overall crime metrics sit below the national median, with violent and property offense measures indicating a need for routine security best practices and resident engagement. Importantly, recent data shows property offenses trending lower year over year, which suggests incremental improvement rather than a structural shift.
For investors, the takeaway is to underwrite standard operating protocols—lighting, access controls, and coordination with local resources—while monitoring trendlines over time. Comparisons should be made at the neighborhood level rather than the property, and interpreted alongside leasing performance and retention outcomes.
Proximity to Whole Foods Market (HQ), Oracle Waterfront, Coca-Cola, New York Life, and Airgas supports a diverse employment base and commute convenience that can underpin renter demand and retention.
- Whole Foods Market — corporate headquarters (2.7 miles) — HQ
- Oracle Waterfront — technology offices (4.3 miles)
- Coca-Cola — consumer beverages offices (5.2 miles)
- New York Life — insurance offices (5.2 miles)
- Airgas — industrial gases offices (5.8 miles)
This 30-unit, 1978-vintage asset benefits from a top-quartile Urban Core location within Austin, where neighborhood occupancy has remained in the low-to-mid 90s and renter concentration is high—both supportive of leasing durability. Elevated ownership costs in the area tend to sustain renter reliance on multifamily housing, while amenity access for groceries, parks, and pharmacies supports retention. Based on commercial real estate analysis from WDSuite, these neighborhood-level dynamics compare favorably to broader metro patterns and indicate continued depth in the tenant base.
Vintage slightly newer than the neighborhood average suggests competitive positioning versus older stock, with potential to capture value through selective renovations and system upgrades. Within a 3-mile radius, recent and forecast increases in households point to a larger renter pool over the medium term, supporting occupancy stability and rent growth management if capital plans are executed thoughtfully.
- Urban Core location ranked in the top quartile among 527 metro neighborhoods, reinforcing demand fundamentals
- Neighborhood occupancy in the mid-90% range with high renter-occupied share supports consistent leasing
- Elevated ownership costs bolster multifamily demand and pricing power within prudent lease management
- 1978 vintage offers value-add potential via targeted interior and systems updates
- Risk: safety metrics are below national medians; maintain standard security practices and monitor trendlines