1302 E 52nd St, Austin, TX

$2,495,000

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0.70

Acres

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.

Features of 1302 E 52nd St

MLS® # 5972252
Price $2,495,000
Bathrooms 0.00
Acres 0.70
Year Built 1962
Type Commercial
Sub-Type Multi Family
Status Active
Has Pool No

Water Feature/View

Is Waterfront No

Community Information: Austin

Address 1302 E 52nd St
Area 3
Subdivision Ridgetop Gardens Sec 02
City Austin
County Travis
State TX
Zip Code 78723

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

Additional Information On 1302 E 52nd St

Days on Market 19
Foreclosure No
Short Sale No
RE / Bank Owned No
Gated Community No

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

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