403 2nd Street NW
Austin, MN 55912

  • – beds
  • – baths
  • 3,833 sqft
  • $80 per sqft
  • 1900 build
  • on site

Units 1 through 4 feature identical layouts with 1 bedroom, 1 bathroom, and 1 bonus room, each rented at $650 monthly. Unit 5 offers a 2-bedroom, 1-bathroom layout with 1 bonus room, currently vacant, rents at $750. There's potential for a 6th unit - a top-floor attic already insulated and ready for customization. The owner covers all utilities and has maintained stable rents for years, offering potential for rent adjustments under new ownership. Managed locally, this property presents a hassle-free investment opportunity. Centrally located in Austin, Minnesota, the property enjoys proximity to modern conveniences. Third level ripe for development—ideal for a personalized owner-occupied space, or additional income. Do not wait, this will not last long! Unlock the potential of Southern Minnesota's healthcare boom with this exclusive investment opportunity!

Northstar MLS logo Listing courtesy of NORTHSTAR / Mike Wilen / Coldwell Banker Realty

Last checked: Checking… • Last updated Apr 24, 2024 •

MLS# 6523307 —

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Sale history

Date Event Source Price % Change
4/22/24
Listed / Active NORTHSTAR $310,000
1/3/23
Listed / Active NORTHSTAR
6/23/22
Listed / Active NORTHSTAR

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This multifamily located in Austin, MN 55912 is currently for sale for $310,000. 403 2nd Street NW is a 3,833 square foot multifamily with – beds and – baths that has been on Estately for 13 days. This multifamily is in the attendance area of Austin Senior High School, Sumner Elementary School, Ij Holton Intermediate School, and Ellis Middle School.

Northstar MLS logo Listing Courtesy of: NORTHSTAR and Coldwell Banker Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

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