Property Listing
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 Information
Status: Active
Sub Type: ********
List Price: $310,000
MLS#: 6736343
Current Price: $310,000
Address: 403 2nd Street, Austin, MN 55912
City: Austin
State: MN
Postal Code: 55912
Geo Lat: 43.669219
Geo Lon: -92.977446
Subdivision: Davidson
County: Mower
Property Description
Year Built: 1900
Lot Size SqFt: 5227.2
Gen Tax: 2272
Specials Inst: 0
High School: ********
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Total SqFt.: 3833
Style: Array
Total Bedrooms: 8
Total Bathrooms: 4
Total Full Baths:
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Garage Stalls: 0
Waterfront:
Property Features
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Inclusions: ********
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