403 2nd Street, Austin, MN 55912
Local realty services provided by:ERA Gillespie Real Estate
403 2nd Street,Austin, MN 55912
$310,000
- - Beds
- - Baths
- 3,833 sq. ft.
- Multi-family
- Active
Listed by: mike wilen
Office: coldwell banker realty
MLS#:6736343
Source:NSMLS
Price summary
- Price:$310,000
- Price per sq. ft.:$80.88
About this home
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.
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Home facts
- Year built:1900
- Listing ID #:6736343
- Added:159 day(s) ago
- Updated:November 17, 2025 at 05:43 AM
Rooms and interior
- Living area:3,833 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1900
- Building area:3,833 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$310,000
- Price per sq. ft.:$80.88
- Tax amount:$2,272 (2024)
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