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

001

MLS® 7004319

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage Yes
Taxes $3,408
Days Active 289
Lot Size 0.123 Acres
Approx. Age 1900
MLS® Number 7004319

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

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
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
Basement
DrivewayOther
Garage Spaces
HeatBaseboard, Boiler
A/C

Extras

Building, Other

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

289 days

Today, For Sale for $796,000

For Sale · 288 days

$796,000

MLS® 7004319

10 months ago

Not Sold Yet

January 2026, For Sale for $796,000

For Sale · 288 days

$796,000

MLS® 7004319

10 months ago

Not Sold Yet

  • Jan 2, 2026, For Sale for $310,000

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