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408 W 33rd ST
Austin, TX, 78705
$1,500,000
11 Beds
7.5 Baths
5,515 SqFt
0.23 Acres
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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.

Property Details

Price:
$1,500,000
MLS #:
7203256
Status:
Active
Beds:
11
Baths:
7.5
Address:
408 W 33rd ST
Type:
Single Family
Subtype:
See Remarks
Subdivision:
Aldridge Place
City:
Austin
Listed Date:
Sep 3, 2025
State:
TX
Finished Sq Ft:
5,515
ZIP:
78705
Lot Size:
9,927 sqft / 0.23 acres (approx)
Year Built:
1932
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Schools

School District:
Austin ISD
Elementary School:
Lee
Middle School:
Kealing
High School:
McCallum

Interior

Appliances
Dishwasher, Refrigerator, Washer/ Dryer
Bathrooms
7 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Heating
Central, Natural Gas

Exterior

Community Features
None
Other Structures
Guest House
Parking Features
Driveway

Financial

Map

Community

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408 W 33rd ST
Austin, TX