$1,300,000

1009 E 16th ST, Austin TX, 78702

Price per sqft$340.40

Built in1985

Property size3,819 sqft

Property typeCommercial

Courtesy of Muskin Elam Group LLC, Sally Burns Listing Contact: (512) 343-2700

Overview

Under contract

Active Under Contract

Listed Jun 11, 2026

Updated Jul 22

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.

Additional information

MLS^® ID: 6516695

Interior Features

Bedrooms: 0
Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.14 Acres

Other Property Details

Taxes: $17,395
Tax Frequency: Annually

Listings courtesy of Austin/Central Texas Realty Information Service as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Wright Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:04 AM UTC on 7/22/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

DMCA Notice