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Listed price in listed location currency (USD).
$310,000

840

MLS® 7004305

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3833 sqft
Garage No
Taxes $2,272
Days Active 0
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $80
MLS® Number 7004305

Property Address: 403 2nd St Sw, Austin, MN, 55912-3266

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

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.
MLS® Number7004305
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1900
BasementPartial
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 2, 2026List Date
$310,000List Price
  • Commute

Commute

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

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