Austin, TX 78705
Incredible Investment Opportunity in Historic Aldridge Place Step into a piece of Austin history with this rare 1932-built multi-family gem, nestled in the heart of Aldridge Place—one of the city's most beloved and storied neighborhoods. For nearly a century, this timeless residence has served generations of University of Texas students, its walls echoing decades of academic ambition and Austin culture. Sitting on a generous quarter-acre lot in North UT Campus, the property features a stately four-story main house configured as two spacious, character-rich units. Unit B spans two stories with 4–5 bedrooms and 3 full bathrooms, while the other (Unit A) offers 3 bedrooms and 1.5 bathrooms—ideal for student housing, co-living, or long-term rentals. A standout feature is the oversized Unit C, accessed via West 34th Street, which includes three flexible bedroom/living spaces and 3 full bathrooms—presenting a unique opportunity for additional rental income or private guest quarters. Whether you're an investor looking to renovate and maximize rental returns, or a visionary homeowner seeking to transform this historic structure into a grand single-family residence with a separate guest home in the rear, the potential here is as expansive as the lot itself. Sold as-is, with rental and maintenance history available. Bring your imagination—and be part of the next chapter in this icon.
| MLS ID | 7203256 | |
| Status | Active | |
| Days Active | 151 | |
| Est. Tax | ||
| Lot Size | 0.2279 | |
| Year Built | 1932 | |
| Total Bedrooms | 9 | |
| 1st Floor Bedrooms | 4 | |
| Full Baths | 7 | |
| Half Baths | 1 | |
| Square Feet | 5515 | |
| Price Per SqFt | $253.85 | |
| Garage Spaces | ||
| Fireplace(s) | ||
| Fireplace Info | ||
| Flooring | ||
| Stories | Three Or More | |
| Pool | No | |
| Courtesy of | Compass RE Texas, LLC (512) 431-2120 | |
| Subdivision | Aldridge Place | |
| City | Austin | |
| County | Travis | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | ||
| Construction | ||
| Foundation | ||
| Fencing | None | |
| Elementary School | Lee | |
| Elementary District | Austin ISD | |
| Middle School | Kealing | |
| Middle District | Austin ISD | |
| High School | McCallum | |
| High District | Austin ISD | |
| Appliances | Dishwasher, Refrigerator, Washer/DryerDishwasher, Refrigerator, Washer/Dryer | |
| Heating | Central, Natural Gas | |
| Cooling | Central Air | |
| Exterior Features | ||
| Lot Features | Back Yard, Front Yard, Trees-Large (Over 40 Ft) | |
| Community Features | None | |
| Patio Features | Terrace | |
| Structures | Guest House | |
| Interior Features | ||
| Fencing Features | None | |
| Parking Features | Driveway | |
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