1110 W Oakland Avenue, Austin, MN
$350,000
3,933
Square feet
0.14
Acres
About 1110 W Oakland Avenue
This is your chance to own a fully leased, income generating triplex on high-visibility Oakland Ave., one of the busiest and best located streets in Austin, MN. With strong current rents totaling $3800/month, plus untapped potential for additional $200+ monthly garage rental and coin operated laundry, this property is a cash flow machine from day one. The building features 3 units - one fully renovated 1 bed/1 bath (previously an office, brand new inside), and two spacious 2 bed/1 bath units. Tenants love the location and layout, and leases are solid, with one locked in for two years. Recent updates include a new roof (under 6 months old), insuring low maintenance for years to come. Whether you're looking to add a strong performer to your portfolio or get started in multifamily investing, this property delivers stable income, location appeal, and future upside.
Features of 1110 W Oakland Avenue
| MLS® # | 6714558 |
|---|---|
| Price | $350,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,933 |
| Acres | 0.14 |
| Year Built | 1920 |
| Type | Single Family |
| Sub-Type | Triplex |
| Style | Triplex |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 1110 W Oakland Avenue |
|---|---|
| Subdivision | Yates & Lewis |
| City | Austin |
| County | Mower |
| State | MN |
| Zip Code | 55912 |
Amenities
| Amenities | Coin-op Laundry Owned |
|---|---|
| # of Garages | 2 |
| Garages | Detached |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Block, Crawl Space, Concrete |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Age 8 Years or Less |
| Construction | Block, Slate |
School Information
| District | Austin |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $2,328 |
| Tax Year | 2025 |
| Office | Re/Max Results |
Listing Details
| Office | Re/Max Results |
|---|