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.
Details
MLS #
6516695
Listing Type
For Sale
Style
Apartment
Sub-Type
Resale
Status
Active Under Contract
Year
1985
Days On Site
96
Listing Provided By
Muskin Elam Group LLC | Sally Burns
Features
SQ Feet
3,819
Building(s)
1
Zoning
LR-MU-NP
Acreage
0.14
Property View
None
Interior
Cooling
Central Air
Heating
Varies by Unit
Flooring
Vinyl, Wood
Exterior
Foundation Details
Slab
Topography
Flat
Construction Materials
Hardi Plank Type, Wood Siding
Parking
Parking Features
None
Utilities
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Other
List Aor
Austin Board Of Realtors
Taxes
Property
17395
Area Information
State
TX
County
Travis
City
Austin
Zip Code
78702
Area
5
Community Name
Rectors
Listing VS Median (in Rectors)
Price: $1,300,000
low | high
Med: $0
On site: 96
low | high
Med:
Sourced by Back At You
MLS Number: 6516695
Sally Burns – (512) 343-2700
Muskin Elam Group LLC – (512) 343-2700
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Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of September 15, 2026 at 11:39:45 AM PDT 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.
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