About 1302 E 52nd St
15-Unit Multifamily Investment + Repositioning Opportunity
In-Place Income | Strategic Infill Location | Multiple Value-Creation Paths
1302 E 52nd St presents a rare opportunity to acquire an existing 15-unit multifamily asset with in-place income and multiple potential paths for future value creation. Positioned in a strategic Central Austin infill location near Mueller, the property offers investors the ability to generate income today while evaluating opportunities to enhance operations or reposition the asset over time.
With established in-place tenancy, the property provides immediate rental income while preserving flexibility for its next chapter. Beyond optimizing the existing multifamily operation, the property’s location and configuration may appeal to investors exploring alternative residential operating models, supportive or workforce housing, mid-term or co-living concepts, or longer-term conversion or redevelopment strategies, subject to applicable zoning, approvals and buyer due diligence.
Directly across the street, SAFE’s Lancaster development adds another dimension to the property’s evolving surroundings. The location also provides convenient access to Mueller, Dell Children’s Medical Center, the University of Texas and Dell Medical District, Downtown Austin, and major transportation corridors including I-35 and US-290.
Nearby Mueller offers a significant concentration of retail, dining, recreation, healthcare and employment, including Mueller Lake Park, the Mueller Farmers’ Market, Alamo Drafthouse and a growing mix of restaurants and neighborhood amenities.
For the investor looking beyond today’s operations, 1302 E 52nd presents something increasingly difficult to replicate in Central Austin: an existing income-producing multifamily property in an established infill location with the flexibility to consider multiple strategies for its next chapter.
Financial information and additional property details are available upon request.
Amenities of 1302 E 52nd St
| Utilities |
Electricity Available, Electricity Connected
|
| Parking |
Off Street, Assigned, Enclosed, Gated, Private
|
Interior of 1302 E 52nd St
| Interior |
Carpet, Laminate, Tile
|
| Heating |
Central, Natural Gas
|
| Fireplace |
No
|
Exterior of 1302 E 52nd St
| Construction |
Brick Veneer, Frame, Masonry, Concrete
|
| Foundation |
Slab
|
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Douglas Elliman Real Estate(650) 291-7516. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 23rd, 2026 at 10:16am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Map to 1302 E 52nd St, Austin