| 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
High renter concentration and improving neighborhood occupancy suggest durable leasing fundamentals, according to WDSuite’s CRE market data. Neighborhood metrics reflect the surrounding area, not this specific property.
Situated in Austin’s Urban Core, the property benefits from a neighborhood rated A- and ranked in the top quartile among 527 metro neighborhoods for overall fundamentals. Amenity access is a clear strength: grocery, park, and pharmacy density measure in the top quartile nationally, supporting day-to-day livability and resident retention.
Rents in the neighborhood sit above national medians while the rent-to-income profile indicates relatively moderate affordability pressure versus higher-cost peers, a combination that can help support pricing while limiting turnover risk. Elevated home values and a high value-to-income ratio signal a high-cost ownership market, which typically sustains demand for multifamily rentals and reinforces lease stability for well-run assets.
Within a 3-mile radius, demographics point to a larger tenant base over time: population and household counts have grown, with households expanding faster than population, implying smaller household sizes and a wider pool of renters. Renter-occupied housing represents a substantial share of units locally, indicating depth in the tenant base and a broad demand funnel for multifamily. These dynamics are consistent with Austin’s core neighborhoods and align with investor priorities surfaced through multifamily property research.
Vintage context: the property’s 1978 construction is slightly newer than the neighborhood’s average vintage, supporting competitive positioning versus older stock. Investors should still plan for ongoing system upgrades or targeted renovations to modernize finishes and sustain occupancy and rent trends.
Safety outcomes in the surrounding neighborhood track below national benchmarks, with the area ranking in the lower half among 527 metro neighborhoods. That said, recent data indicate property offenses have declined year over year, suggesting near-term improvement from prior levels. These figures describe the broader neighborhood and should be evaluated alongside on-site security measures and management practices.
Proximity to major employers supports a steady renter pipeline and commute convenience for residents, led by grocery retail, technology, beverages, insurance, and industrial gases employers nearby.
- Whole Foods Market — grocery retail (2.6 miles) — HQ
- Oracle Waterfront — technology (4.3 miles)
- Coca-Cola — beverages (5.2 miles)
- New York Life — insurance (5.2 miles)
- Airgas — industrial gases (5.9 miles)
This 30-unit 1978 asset sits in an Urban Core neighborhood with strong consumer conveniences and a deep renter pool. Neighborhood occupancy has improved in recent years, and elevated ownership costs locally tend to sustain rental demand and support lease retention. According to CRE market data from WDSuite, the area’s amenity access ranks well nationally, reinforcing the property’s day-to-day appeal to tenants.
The vintage offers room for targeted value-add — systems updates and selective interior improvements can enhance competitiveness versus older stock while preserving cost basis. Demographic trends within a 3-mile radius — notably growth in households and a substantial share of renter-occupied units — point to ongoing depth in the tenant base and occupancy stability through cycles.
- Urban Core location with top-quartile amenity access supporting retention and leasing
- High-cost ownership market reinforces sustained multifamily rental demand
- 1978 vintage offers value-add upside via system upgrades and modernization
- 3-mile demographics show renter pool expansion and household growth supporting occupancy
- Risk: neighborhood safety trends track below national benchmarks; active management and on-site measures are important