$1,750,000

Property Overview

This rare East Austin opportunity presents two adjacent historic residences on nearly a third of an acre along Martin Luther King Jr. Boulevard in Cherrywood, offering exceptional flexibility for live/work arrangements, multi-generational living, or investment potential. The charming 1953 bungalow at 2102 features a versatile layout adaptable to residential, office, or rental use, while the adjacent Victorian showcases period architecture, soaring ceilings, and abundant natural light. Mixed-use zoning and alley access create a compound-like setting with prominent street frontage in one of Austin's most connected neighborhoods.

Each property functions independently today, allowing owners to establish separate income streams, operate a business while residing on-site, or create a private retreat steps from the UT campus and vibrant Cherrywood Coffeehouse. The tree-lined streets and established community character provide an urban village atmosphere rare in central Austin. Together, these structures on the shared .36-acre lot represent a distinctive alternative to typical single-residence ownership, positioning this Martin Luther King Jr. Boulevard holding as a multi-use asset in an increasingly sought-after East Austin location.

Vox Real Estate Insight

Properties with this level of zoning flexibility and dual-residence potential in Cherrywood rarely surface, and the Vox Residential team recognizes this represents a fundamentally different ownership model than typical residential purchases. At nearly double the area median price per square foot, buyers are investing in location versatility and long-term Austin real estate optionality rather than traditional single-family metrics.

Agent Description

Rare opportunity to own two adjacent properties in the heart of East Austin, each with an existing residence and exceptional flexibility for live/work, investment, or multi-generational living. Together, 2102 and 2104 E. Martin Luther King Jr. Blvd comprise approximately .36 acres with alley access, prominent street frontage, and mixed-use zoning (LO-MU-V-CO-NP). Unlike many opportunities in the area, both homes are usable today, allowing an owner to live in one residence while operating a business from the other, create separate rental income streams, establish a professional office with on-site living, or enjoy a private compound in a highly connected central location. The charming bungalow at 2102 offers a versatile layout ideal for residential, office, studio, or rental use, while 2104 showcases Victorian architecture, tall ceilings, abundant natural light, and historic character that creates a memorable setting for either living or working. This unique dual-property offering combines immediate functionality with long-term flexibility, making it well suited for entrepreneurs, creatives, consultants, medical professionals, attorneys, investors, and owner-occupants alike. Located just minutes from Downtown Austin, the University of Texas, Dell Seton Medical Center, and the Capitol Complex, the property is surrounded by some of East Austin’s most popular destinations, including Nixta Taqueria, Bird Bird Biscuit, Bennu Coffee, and Franklin Barbecue. Nearby MetroRail access, major transportation routes, and walkable neighborhood amenities further enhance the appeal of this rare opportunity to live, work, invest, and grow in one of Austin’s most vibrant and rapidly evolving corridors.

Neighborhood: Cherrywood

This property is located in Cherrywood, Austin, TX. The area is known for Cherrywood Coffeehouse, Tree-Lined Streets, Near UT Campus, Mueller Access, Strong Community.

At $780/sqft, this listing is priced 95% above the Cherrywood median of $399/sqft.

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