For Sale: Austin MLS# 6736343
Active
NEW!
$310,000
Multi-family: Four Plex
Built 1900
3,833 sqft • 0.12 acres
Austin schools
MLS# 6736343
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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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$310,000
Price per sq ft:
$81
Property Type:
Multi-family
City:
Austin
Garage Spaces:
0
County:
Mower
Year Built:
1900
State:
MN
Property Style:
Four Plex
Zip Code:
55912
Subdivision Name:
Davidson
Interior
Finished Area:
3,833 ft2
Living Area:
3,833 ft2
Basement Details:
Partial
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,916 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Exterior Material:
- Metal Siding
- Wood Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.12
Geolocation:
43.669219, -92.977446
Lot Dimensions:
53 x 101
Schools
School District:
492
District Phone:
507-460-1900
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
None
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,272
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,272
Income
Annual Gross Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.