Property Description

15-Unit Multifamily Investment + Repositioning OpportunityIn-Place Income | Strategic Infill Location | Multiple Value-Creation Paths1302 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 propertys 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, SAFEs Lancaster development adds another dimension to the propertys evolving surroundings. The location also provides convenient access to Mueller, Dell Childrens 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 todays 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.

Property Features