403 2nd Street, Austin, MN 55912
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
403 2nd Street,Austin, MN 55912
$310,000
- - Beds
- - Baths
- 3,833 sq. ft.
- Multi-family
- Active
Listed by:mike wilen real estate
Office:coldwell banker realty
MLS#:6736343
Source:NSMLS
Price summary
- Price:$310,000
- Price per sq. ft.:$80.88
About this home
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.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:6736343
- Added:116 day(s) ago
- Updated:October 05, 2025 at 01:43 PM
Rooms and interior
- Living area:3,833 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1900
- Building area:3,833 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$310,000
- Price per sq. ft.:$80.88
- Tax amount:$2,272 (2024)
New listings near 403 2nd Street
- New$774,900Active5 beds 5 baths5,413 sq. ft.
301 22nd Street Nw, Austin, MN 55912
MLS# 6799388Listed by: REAL BROKER, LLC. - New$200,000Active3 beds 2 baths1,714 sq. ft.
2203 15th Street Se, Austin, MN 55912
MLS# 6798948Listed by: BRIDGE REALTY, LLC - New$175,000Active2 beds 2 baths948 sq. ft.
1202 2nd Avenue Sw, Austin, MN 55912
MLS# 6798502Listed by: REAL BROKER, LLC. - New$389,900Active4 beds 2 baths3,181 sq. ft.
406 8th Place Nw, Austin, MN 55912
MLS# 6797540Listed by: REAL BROKER, LLC. - New$234,900Active2 beds 2 baths1,160 sq. ft.
1801 4th Avenue Nw, Austin, MN 55912
MLS# 6798171Listed by: REAL BROKER, LLC. - New$179,000Active4 beds 3 baths2,376 sq. ft.
602 10th Street Sw, Austin, MN 55912
MLS# 6795201Listed by: FAWVER AGENCY - New$179,000Active4 beds 3 baths1,860 sq. ft.
602 10th Street Sw, Austin, MN 55912
MLS# 6795201Listed by: FAWVER AGENCY - New$145,000Active2 beds 1 baths908 sq. ft.
607 10th Avenue Sw, Austin, MN 55912
MLS# 6797382Listed by: WMD REALTY - New$139,900Active2 beds 2 baths1,132 sq. ft.
800 1st Drive Nw #205, Austin, MN 55912
MLS# 6796369Listed by: FAWVER AGENCY - New$139,900Active2 beds 2 baths1,132 sq. ft.
800 1st Drive Nw #205, Austin, MN 55912
MLS# 6796369Listed by: FAWVER AGENCY