403 2nd Street, Austin, MN
$310,000
3,833
Square feet
0.12
Acres
About 403 2nd Street
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.
Features of 403 2nd Street
| MLS® # | 6736343 |
|---|---|
| Price | $310,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,833 |
| Acres | 0.12 |
| Year Built | 1900 |
| Type | Single Family |
| Sub-Type | Fourplex |
| Style | Quadruplex |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 403 2nd Street |
|---|---|
| Subdivision | Davidson |
| City | Austin |
| County | Mower |
| State | MN |
| Zip Code | 55912 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Partial |
Exterior
| Roof | Asphalt |
|---|---|
| Construction | Metal Siding, Wood Siding |
School Information
| District | Austin |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Taxes | $2,272 |
| Tax Year | 2024 |
| Office | Coldwell Banker Realty |
Listing Details
| Office | Coldwell Banker Realty |
|---|