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Remodeled Mixed-Use Community
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1915 E Martin Luther King Jr Blvd, Austin, TX 78702

Fully renovated property combining apartments, practitioner suites, restaurant space, and a yoga studio.

Property Size17,595 SF
Days on Market56

Property Features for 1915 E Martin Luther King Jr Blvd

General Information

Standard status Active
Size 17,595 SF
Total Parking Spaces 26
Property subtype Multifamily, Mixed Use, Retail
Zoning CS-MU-V-CO-NP
Occupancy 100%
Investment Type Stabilized
Net Operating Income $372,397

Units

Multifamily Units 18
Office Units 4

Additional Details

Public Transit Yes

Building Details

Year Built 1962
Year Renovated 2023
Buildings 1
Stories 2
Units 24
Tenancy Multi
Listing Agency: Muskin | Elam Group
Listed By: Sally Burns · License #TX 0718525
Source: Crexi
Added: Jul 6 Changed: Aug 30 Last Checked: Aug 30 at 7:25AM

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 Muskin | Elam Group

Investment Insights

Based on property information with market context.

This 17,595-square-foot mixed-use property contains 24 units across a varied residential and commercial configuration. The 2023 renovation includes 18 apartments, four practitioner suites, a restaurant, and a yoga studio. Apartment interiors feature wood-look flooring, generous kitchens, and in-unit washer and dryer connections.

Located at 1915 E Martin Luther King Jr Blvd in Austin’s Chestnut neighborhood, the property is 1 mile east of The University of Texas at Austin campus and less than a mile from the E MLK MetroRail Station. Nearby commercial and entertainment corridors include E 6th St, E 7th St, E 11th St, Manor Rd, and E MLK Blvd. The property is zoned CS-MU-V-CO-NP and offers access to the bus route along MLK.

Key Highlights

  • 17,595‑square‑foot mixed‑use property with 24 total units
  • 2023 renovation with 18 residential units, 4 practitioner suites, a restaurant, and a yoga studio
  • Apartments include wood‑like flooring, spacious kitchens, and a washer / dryer in each unit

Property Analytics

Current Use

1915 E MLK Apartment Building Casa de Luz ... Restaurant A New Entry Inc, ... Medical Clinic

Suggested Use

Top Pick Building Supply HVAC Service Accounting Firm Big Box & Wholesale Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

4
Office units
18
Residential units

Location Intelligence

Trade Area within ½ mile

1,052
Businesses Nearby

Demographics for 78702, TX

25,910
Population
14,573
Households
1.8
Avg Household Size
34
Median Age
59%
College-Educated
91%
High-School Grad
5.0 sq mi
ZIP Area
5,182
Density / Sq Mi
$101,304
Median Household Income
$65,876
Median Earnings
$1,966
Median Rent
$644,200
Median Home Value

Market

Vacancy Rate% for Office in Austin, TX

9.1% 2019
17.1% 2020
18.7% 2021
21.8% 2022
27.1% 2023
29.8% 2024
29% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully renovated property combining apartments, practitioner suites, restaurant space, and a yoga studio.
Where is this mixed-use property located?
The property is located at 1915 E Martin Luther King Jr Blvd Austin, TX.
What are key features of this property?
This property features: 17,595‑square‑foot mixed‑use property with 24 total units; 2023 renovation with 18 residential units, 4 practitioner suites, a restaurant, and a yoga studio; Apartments include wood‑like flooring, spacious kitchens, and a washer / dryer in each unit
(512) 993-0842 Call to check price and availability
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