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
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:167 day(s) ago
- Updated:November 25, 2025 at 05:43 AM
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
$329,900Active3 beds 2 baths2,284 sq. ft.1606 17th Street Sw, Austin, MN 55912
MLS# 6820412Listed by: INFINITY REAL ESTATE - New
$329,900Active3 beds 2 baths2,142 sq. ft.1606 17th Street Sw, Austin, MN 55912
MLS# 6820412Listed by: INFINITY REAL ESTATE - Coming Soon
$774,900Coming Soon5 beds 4 baths1007 28th Street Sw, Austin, MN 55912
MLS# 6821198Listed by: REAL BROKER, LLC. - New
$169,900Active2 beds 1 baths1,008 sq. ft.1009 1st Avenue Sw, Austin, MN 55912
MLS# 6820845Listed by: COFFEE HOUSE REAL ESTATE LLC - New
$285,000Active2 beds 2 baths1,534 sq. ft.1700 22nd Avenue Sw, Austin, MN 55912
MLS# 6820394Listed by: RE/MAX RESULTS - New
$379,900Active2 beds 2 baths1,560 sq. ft.1100 19th Avenue Sw, Austin, MN 55912
MLS# 6820547Listed by: REAL BROKER, LLC. - Coming Soon
$149,900Coming Soon3 beds 1 baths402 11th Avenue Sw, Austin, MN 55912
MLS# 6810874Listed by: KRIS LINDAHL REAL ESTATE - New
$359,900Active4 beds 2 baths3,181 sq. ft.406 8th Place Nw, Austin, MN 55912
MLS# 6820106Listed by: REAL BROKER, LLC. - New
$180,000Active3 beds 1 baths1,575 sq. ft.605 10th Avenue Nw, Austin, MN 55912
MLS# 6819925Listed by: REALTY ONE GROUP CHOICE
$49,000Pending2 beds 1 baths864 sq. ft.1206 12th Street Nw, Austin, MN 55912
MLS# 6819017Listed by: FAWVER AGENCY