Price $310,000
Status Active
Beds 0
Baths 0 Bath
Home size 3,833 sqft
Lot Size 5,228 sqft
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 Type(s): Multi Family
Tract Davidson Year Built 1900
County Mower

Additional Details

BASEMENT Partial, Yes
CONSTRUCTION Metal Siding, Wood Siding
HEAT Forced Air, Natural Gas
LOT 5227 sq ft
LOT DIMENSIONS 53x101
SEWER Public Sewer
STORIES 2
SUBDIVISION Davidson
TAXES 2272
WATER Public
Listed with Coldwell Banker Realty
Regional Multiple Listing Service of Minnesota Logo The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. All real estate listings are marked with the Broker ReciprocitySM logo, and detailed information about them includes the name of the listing brokers.

Information deemed reliable but not guaranteed.

Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
DMCA Notice

This IDX solution is (c) Diverse Solutions 2025.

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Michael Steichen to contact you even if your name is on a Federal or State "Do not call List".

Email a Friend