Are you looking for a multifamily family property that doesn't feel like a duplex? Situated in Austin's thriving 78758 area, 1011 Chesapeake Dr was built as a single-family house with a "granny flat" added to the large lot later. Sharing a roof but no common walls means more privacy and a homier feel for both units. This turnkey investment already has tenants in place, ensuring immediate rental income, though the back house will soon be month-to-month. The front house was recently owner occupied for over a decade, and the property has been well maintained with significant upgrades, including double-paned windows for reduced noise & lower energy bills, and the replacement of cast iron plumbing with durable PVC. A custom privacy fence separates the outdoor spaces, creating a comfortable and secluded environment for residents. The established herbs & fruit trees, separate on-site laundry facilities, and ample storage for both units invite reliable tenants who value their home. Conveniently located with easy access to major highways, shopping, tech hubs, and the future airport light rail, it's also walking distance to the Rapid Route bus to UT. This duplex presents an excellent opportunity for both investors and owner-occupants seeking a low-maintenance, income-generating property. Schedule a showing today!