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Listed price in listed location currency (USD).
$796,000

000

MLS® 7004319

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage Yes
Maintenance Fees 
Taxes $3,408
Days Active 0
Approx. Age 1900
MLS® Number 7004319

Property Address: 403 2nd St Nw, Austin, MN, 55912-3151

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a bundled multi family investment portfolio in Southern Minnesota offered as a single package with immediate scale and diversified unit mix, including a four unit property at 403 2nd Street NW in Austin, a two unit property at 509 4th Street in Albert Lea, a two unit property at 309 3rd Avenue in Austin, and a two unit property at 404 South Main Street in Austin, for a combined total of ten residential units across four properties, encompassing approximately 9, 299 finished square feet, 26 total bedrooms, and combined annual property taxes of approximately $6, 808, with all properties currently tenant occupied on month to month leases providing flexibility for repositioning, rent optimization, or long term hold strategies in stable Southern Minnesota rental markets.
MLS® Number7004319
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Other

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 2, 2026List Date
$796,000List Price
  • Commute

Commute

Starting Address
Destination Address
403 2 Nd St Nw, Austin, MN

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