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403 2nd Street, Austin, MN 55912
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$310,000
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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.
- Heating Information
- Natural Gas
- Forced Air
- Water Features
- Public
- Basement
- Partial
Listing Courtesy: Coldwell Banker Realty - Mike Wilen Real Estate 612-400-9000
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EXIT REALTY REFINED
101 8th St NW #103, Austin, MN 55912
Licensed in the state of Minnesota
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$310,000
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EXIT REALTY REFINED
101 8th St NW #103, Austin, MN 55912
Licensed in the state of Minnesota