Seize a rare opportunity to own a multifamily property in the coveted Swede Hill neighborhood of East Austin. Swedish Hill Apartments is a 7-unit multifamily community built by the current owner in 1985. Convenient location within walking distance to UT, downtown, East Austin and the State Capitol with easy access North / South via I-35 and East / West via 15th St. Zoned LR-MU-NP which would allow for several development paths including residential, small-scale retail, professional office or pet services. Swedish Hill Apartments represents a compelling opportunity for investors and developers to secure a foothold in one of Austin's top performing neighborhoods. The current improvements provide holding income and / or the opportunity to remodel to increase rents. The lot's proximity to downtown and views make it an attractive immediate or long-term redevelopment option.
Features of 1009 E 16th St
MLS® #
6516695
Price
$1,300,000
Bathrooms
0.00
Acres
0.14
Year Built
1985
Type
Commercial
Sub-Type
Apartment
Status
Active Under Contract
Has Pool
No
Water Feature/View
View
None
Is Waterfront
No
Community Information: Austin
Address
1009 E 16th St
Area
5
Subdivision
Rectors
City
Austin
County
Travis
State
TX
Zip Code
78702
Amenities of 1009 E 16th St
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking
None
Interior of 1009 E 16th St
Interior
Vinyl, Wood
Heating
Varies by Unit
Fireplace
No
Exterior of 1009 E 16th St
Lot Description
Flat
Construction
HardiPlank Type, Wood Siding
Foundation
Slab
Additional Information On 1009 E 16th St
Days on Market
99
Zoning
LR-MU-NP
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Status Changed from Active to Active Under Contract
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: Muskin Elam Group LLC(512) 343-2700. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 20th, 2026 at 10:15am 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.
