$2,850 Closing Credit¹
#6656540, Listing Office: Keller Williams Premier Realty
$310,000 List price
403 2nd St NW Austin, MN 55912
$3,681
Closing credit¹
3,833 sqft
$81 / sqft
Multi-Family
Property details
About 403 2nd St NW
Units 1 through 4 feature identical layouts with 1 bedroom, 1 bathroom, and 1 bonus room, each rented at $650 monthly. Unit 5 offers a 2-bedroom, 1-bathroom layout with 1 bonus room, currently vacant, rents at $750. There's potential for a 6th unit - a top-floor attic already insulated and ready for customization. The owner covers all utilities and has maintained stable rents for years, offering potential for rent adjustments under new ownership. Managed locally, this property presents a hassle-free investment opportunity. Centrally located in Austin, Minnesota, the property enjoys proximity to modern conveniences. Third level ripe for development—ideal for a personalized owner-occupied space, or additional income. Do not wait, this will not last long! Unlock the potential of Southern Minnesota's healthcare boom with this exclusive investment opportunity!
Highlights
Home typeQuadruplex
HeatingForced Air
StatusActive
Size3,833 sqft
BasementYes
Year built1900
MLS #6629460
Summary
- MLS Number: 6629460
- MLS Name: NORTHSTAR
- Office Name: Coldwell Banker Realty
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$310,000
403 2nd St NW
$3,681
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 23, 2008 | Home Sold | $217,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $205,900 | $2,424 |
| 2023 | $162,200 | $2,472 |
| 2022 | $155,700 | $2,504 |
| 2021 | $141,700 | $2,272 |
| 2020 | $125,200 | $2,506 |
| 2017 | $- | $2,592 |
History based on county public records data.
Nearby schools
2
Sumner Elementary School
Public District 1-4
0.5 mi
•805 8th Ave NW
2
Banfield Elementary School
Public District 1-4
1.0 mi
•301 17th St SW
2
Neveln Elementary School
Public District 1-4
1.6 mi
•1918 E Oakland Ave
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 $14,701. The majority of Austin, MN residents have income less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
94%
<35k
4%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
88%
Single, No Kids
3%
Single, with Kids
8%
Married, No Kids
1%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
3%
12-17 yrs old
18%
18-34 yrs old
30%
35-64 yrs old
43%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Figure Skating
UFC
Where do the neighbors shop?
Chico's
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Cracker Barrel
Bob Evans
Church's Chicken
What do the neighbors drive?
Buick
Oldsmobile
Cadillac
What do the neighbors listen to?
Soft Adult Contemporary
News
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Austin, MN
About 403 2nd St NW
This home is located at 403 2nd St NW in Austin, MN and zip code 55912. This 3,833 square foot home was built in 1900. Features: 0 bathroom. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $310,000.
Austin, MN housing market in January 2025 saw over 8 listings sold above listed price, more than 4 sold at listed price and over 10 sold below. In January 2025 in Austin, MN there were 19.4% less homes for sale than in December. Listings spent 51 days on the market in January 2025, and had a median list price of $184,833 during the same period.
From Rocket Homes Real Estate and based on county public records data.