EXIT Realty, A Smart Move!™
Search Properties
Buy with EXIT
Sell with EXIT
Find an Agent/Office
About
Why EXIT
The Spirit of EXIT
Careers
Offices
Contact Us

403 2nd Street, Austin, MN 55912

Share Listing

Listing Type
Multi Family
Listing Status
active
15
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
Similar Homes
Similar Home Values
Contact
$310,000

Share Listing

Home Details for 403 2nd Street
Price
$310,000
Type
Multi Family
Year Build
1900
Sq. Ft.
3833
Lot Size
0.12
County
Mower
Basement
Partial
Tax
$2,272
MLS®️ Listing#
6736343
On exitrealty.com
191 days
Property Description
Unlock the potential of Southern Minnesota’s healthcare and housing boom with this rare multi-unit investment opportunity in the heart of Austin. Centrally located and well-positioned for long-term value, this four-unit property offers strong cash flow and room to grow in one of the region’s most stable rental markets. Units 1 through 4 each feature identical layouts with 1 bedroom, 1 bathroom, and a versatile bonus room—perfect for a home office, storage, or guest space. An insulated top-floor attic offers the potential to build out a fifth unit, subject to city or county approval, creating added value for investors seeking expansion upside. Just minutes from downtown Austin, major employers, parks, and healthcare facilities, the property enjoys a prime location that supports both lifestyle and rental demand. Whether you’re growing your portfolio or entering the multifamily space, this Austin asset presents a compelling mix of income, location, and future opportunity.
Property Features
Listing Courtesy: Coldwell Banker Realty - Mike Wilen Real Estate 612-400-9000
mls_icon Based on information submitted to the MLS GRID as of 2025-09-04 06:24:17. 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.
Data Terms of Use
Neighborhood Market Statistics

See average values in the proximity of this property

Median Listing Price
Median Days on EXIT Realty®
Median Square Feet
Market statistics compiled from data from NorthstarMLS.
Neighborhood Homes

See several nearby properties

EXIT REALTY REFINED
101 8th St NW #103, Austin, MN 55912
Licensed in the state of Minnesota
Similar Nearby Homes for Sale

See properties nearby this listing

Similar Nearby Home Values

Compare the values ​​of homes nearby

$310,000

Share Listing

EXIT REALTY REFINED
101 8th St NW #103, Austin, MN 55912
Licensed in the state of Minnesota
Request more details
First Name
Last Name
Email
Phone Number
Options
Message (64/500)
By pressing Send, you agree that EXIT Realty offices or agents may contact you via phone/text/email about your inquiry. You also agree to our Terms of Use.