$2,126 Closing Credit¹
#6629461, Listing Office: Coldwell Banker Realty
$350,000 List price
1110 Oakland Ave Austin, MN 55912
$4,156
Closing credit¹
2,208 sqft
$159 / sqft
Multi-Family
Property details
About 1110 Oakland Ave
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.
Highlights
Home typeTriplex
HeatingForced Air
StatusActive
Size2,208 sqft
BasementYes
Year built1920
ParkingDetached
MLS #6714558
Garage2 spaces
Summary
- Basement: Yes
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached
- Heating: Forced Air
- List Price: $350,000
- Price/SqFt: $158
- Lot: Corner Lot
- Directions: Take I-90 to the 4th St. NW exit. Turn South on 4th St. and go to Oakland Ave. W. Turn South on Oakland Ave. and go up to 1110. Property is across the street from Dairy Queen.
- Year Built: 1920
- Living Area: 2,208 SqFt
- MLS Number: 6714558
- MLS Name: NORTHSTAR
- Office Name: Re/Max Results
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$350,000
1110 Oakland Ave
$4,156
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
2
Banfield Elementary School
Public District 1-4
0.4 mi
•301 17th St SW
2
Sumner Elementary School
Public District 1-4
0.5 mi
•805 8th Ave NW
5
Southgate Elementary School
Public District 1-4
1.3 mi
•1601 19th Ave SW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,687. The majority of Austin, MN residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
41%
<35k
50%
35k-100k
7%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
17%
Single, with Kids
16%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
9%
12-17 yrs old
30%
18-34 yrs old
32%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Extreme Sports
Where do the neighbors shop?
Family Dollar
Books-a-Million
Sam's Club
Where do the neighbors go to eat?
White Castle
Church's Chicken
Golden Corral
What do the neighbors drive?
Chevrolet
Toyota
Oldsmobile
What do the neighbors listen to?
Rock
Adult Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Austin, MN
Austin's transport infrastructure supports both private and public transit options, with local bus services providing connectivity within the city. The community's layout emphasizes walkability in certain areas, particularly around downtown and residential neighborhoods, making it easy for residents to access services and amenities on foot. The city is also served by a network of roads and highways that facilitate travel to nearby cities and attractions, with ongoing efforts to improve transport efficiency and accessibility for all residents.
The community benefits from a solid educational system, with a number of public and private schools that cater to various educational needs, from elementary to high school levels. Austin is home to quality healthcare facilities, including a regional medical center that offers a range of services from emergency care to specialized treatments. The city also boasts a public library system that serves as a hub for learning and community engagement. Retail and dining options reflect the local culture, with a blend of national chains and unique local establishments that provide a taste of Austin's diversity.
Austin is celebrated for its vibrant community spirit and rich cultural heritage. The town prides itself on its annual events, such as the Freedom Fest and the Mower County Fair, which bring residents together in celebration of local traditions and community achievements. The area's character is further defined by its scenic parks and commitment to maintaining a family-friendly atmosphere.
Austin's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, offering a mix of traditional, ranch, and contemporary designs that cater to a range of aesthetic preferences. The market is balanced with a mix of older homes that exude historic charm and newer constructions that provide modern amenities. The homeownership rate in Austin is robust, reflecting a community invested in long-term residency and stability.
About 1110 Oakland Ave
This home is located at 1110 Oakland Ave in Austin, MN and zip code 55912. This 2,208 square foot home was built in 1920. Features: 0 bathroom. It has been listed on Rocket Homes since May 3, 2025 and is currently priced at $350,000.
In April 2025 more than 11 listings in Austin, MN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. Between March and April 2025, Austin, MN real estate market has seen increase in the number of listings by 43.2%. In April 2025, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $180,000.
From Rocket Homes Real Estate and based on county public records data.