403 2nd ST, Austin, MN 55912 - 6736343

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Jun

Mon

Jun

Tue

Jun

Shari Bellows

Pederson Realty

shari@pedersonrealty.com +1(612) 590-9781

$310,000

Est. payment - /mo

3,833 SqFt

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,833 sqft

Price per Sqft $80

Subdivision Davidson

MLS Listing ID 6736343

Year Built 1900

Annual Tax Amount $2,272

Tax Year 2024

Contingent None

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 53x101

Property Sub-Type Quadruplex

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.

Location

State MN

County Mower

Rooms

Basement Partial

Interior

Heating Forced Air

Fireplace No

Exterior

Roof Type Asphalt

Building

Story Two

Foundation 1916

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Metal Siding,Wood Siding

New Construction false

Schools

School District Austin

Read Less Info

Listed by Mike Wilen • Coldwell Banker Realty

Get More Information

Shari Bellows

+1(612) 590-9781

Agent | License ID: 40701920

Agent License ID: 40701920

403 2nd ST Austin, MN 55912

Shari Bellows

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Get More Information

Quick Search