Fantastic investment opportunity just minutes from downtown Austin and on the UT shuttle route. This 1977-built duplex offers 2,314 total sq. ft. and 2-car carports for each unit. Unit A, currently vacant and used as a short-term rental, is approximately 1,389 sq. ft. with 3 bedrooms, 2 baths, living, and dining areas?ready for showings. Unit B is approximately 925 sq. ft., featuring 2 bedrooms, 2 baths, living, and dining space, currently leased at $1,800/month through January 2026.Each unit includes its own utility room, covered back patio, and fenced yard beneath mature tree canopies providing ample shade. The duplex offers exceptional location benefits: just two blocks from East Oltorf Street, with easy access to UT shuttle and Metro routes, only a 5-minute drive or 10-minute bike ride to Lady Bird Lake and downtown Austin. Proximity to St. Edwards University, SoCo, SOLA, Austin-Bergstrom International Airport, and central Austin amenities makes this property ideal for investors or owner-occupants.Zoned SF-3, this duplex combines functional living spaces, strong rental potential, and a highly sought-after location near everything central Austin has to offer. Whether youre looking to maintain short-term rental income, long-term tenants, or future redevelopment, this property is perfectly positioned to deliver both convenience and value.
Listed By
Agency Name: Keller Williams - Lake Travis
Agency Contact: (512) 415-9023
Shown By
Agent Name: Joel Peal
Agent Phone: (512) 590-9126
Agency Title: Realty Capital City
Estimated Payment
$ 2,261.04 per month $1,123.91 Principal & Interest $989.83 Property Tax $147.29 Homeowner's Insurance
2503 Parker Ln, Unit A & B | MLS# 5928885
This multi-family property located at 2503 Parker Ln, Unit A & B, Austin, TX 78741 is currently listed for sale with an asking price of $505,000. Parker Ln, Unit A & B is located within the Austin ISD school district. Search Austin real estate on www.pealestate.com today.