Acres 0.14
Property Type Commercial
Heating Varies by Unit
Parking None
Year Built 1985
Cooling Central Air
Days on Market 48

About 1009 E 16th St

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.

Location

Legal Description W 47.5FT OF LOT 5 BLK B OLT 42 DIV B RECTORS SUBD
Address 1009 E 16th St
County Travis
City Austin
Zip Code 78702
Subdivision Rectors
MLS Area 5

Size and Restrictions

Acres 0.14
Lot Description Flat
Horses Allowed No
$/Acre $9,239,517

Improvements

Parking None

Features

View None

Utilities

Water Public
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Beds and Baths

Primary on Main No

Heating and Cooling

Heating Varies by Unit
Air Conditioning Central Air

Interior Features

Flooring Vinyl, Wood
Disability None

Building Information

Year Built 1985
Construction HardiPlank Type, Wood Siding
Foundation Slab

Garage and Parking

Garage No
Parking None

Financial

$/Acre $9,239,517
Special Conditions NoRestrictions
Documents Available Aerial, Building Plans, Profit/Loss Statement, Rent Rolls
Disclosures None

Property Taxes

Appraisal District Travis
Estimated Taxes $17,395
Tax ID 02090610050000
Tax Year 2025

Homeowner Association

Has HOA No

Listing Details

OfficeMuskin Elam Group LLC
Contact Info(512) 343-2700

Listing Map

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