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15-Unit Multifamily Property
New
For Sale
$2,495,000

1302 E 52nd St, Austin, TX 78723

Established tenancy supports an operating multifamily asset in Central Austin.

Property Size30,420 SF
Days on Market4

Property Features for 1302 E 52nd St

General Information

Standard status Active
Size 30,420 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 15

Taxes and HOA fees

Annual Taxes $48,238

Building Details

Building Size 30,420 SF
Year Built 1962
Listed By: Rafael Llorente · License #745898
Source: Elliman
Added: Sep 5 Last Checked: Sep 8 at 4:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rafael Llorente

Investment Insights

Based on property information with market context.

Located at 1302 E 52nd St in Austin, this 15-unit multifamily property was built in 1962 and has established in-place tenancy. The asset provides an operating residential platform with current rental income and the ability to evaluate future operational or repositioning strategies, subject to applicable zoning, approvals, and due diligence.

The property is near Mueller and across from SAFE’s Lancaster development. Its location provides access to Dell Children’s Medical Center, the University of Texas, the Dell Medical District, Downtown Austin, I-35, and US-290. Mueller adds nearby retail, dining, recreation, healthcare, employment, and community amenities, including Mueller Lake Park, the Mueller Farmers’ Market, and Alamo Drafthouse.

Key Highlights

  • 15‑unit multifamily property with established in‑place tenancy
  • Built in 1962
  • Located at 1302 E 52nd St, Austin, TX 78723

Property Analytics

Current Use

Monticello Apartments Apartment Building

Suggested Use

Top Pick HVAC Service Electrical Service Accounting Firm Computer & Electronic Repair (Bike/Boat/Book/etc) Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,975
Businesses Nearby

Demographics for 78723, TX

34,522
Population
17,065
Households
2
Avg Household Size
35
Median Age
56%
College-Educated
91%
High-School Grad
7.1 sq mi
ZIP Area
4,862
Density / Sq Mi
$87,978
Median Household Income
$54,769
Median Earnings
$1,478
Median Rent
$513,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Established tenancy supports an operating multifamily asset in Central Austin.
Where is this apartment building located?
The property is located at 1302 E 52nd St Austin, TX.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 15‑unit multifamily property with established in‑place tenancy; Built in 1962; Located at 1302 E 52nd St, Austin, TX 78723
More about this property
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