4502 Avenue H, Austin, TX

About 4502 Avenue H

A rare chance to own a character-rich, income-producing property in the heart of Central Austin’s beloved Hyde Park. This unique setup includes two tenant-occupied residences on one lot - a stylishly updated 2-bed, 1-bath main bungalow, and a separate 1-bed, 1-bath garage apartment - currently generating a combined $4,700/month in rental income. The front home, leased at $3,250/month, is fully furnished and thoughtfully renovated with refinished original wood floors, quartz countertops, custom cabinetry, a slide-in gas range, spacious bedrooms with walk-in closets, and a marble-tiled bathroom. Every detail reflects both function and design. Washer and dryer included in-unit. The back unit, leased at $1,450/month, is a well-kept 1-bed, 1-bath garage apartment offering the same unbeatable location—just steps from Shipe Park, local dining and coffee shops, and one block from major bus routes with quick access to UT. With both units already leased, this is a turnkey opportunity to step into steady cash flow in one of Austin’s most iconic and walkable neighborhoods.

Listing Map