Courtesy: Re/Max Results
507-288-1111
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 $3750/month, plus untapped potential for additional $200+ monthly garage rental and coin operated laundry, this property is a cash flow machine for day one. The building features 3 units- one fully renovated 1 bed/1 bath (previously an office), and two spacious 2 bed/1 bath units. Tenants love the location and layout, and leases are solid. Recent updates include a newer roof (under 2 years old), insuring low maintenance for years to come. Whether you're looking to add a strong performer to your portfolio or get started in multi-family investing, this property delivers stable income, location appeal, and future upside.
Courtesy: Aleres, LLC
507-358-7774
Four-plex located in quiet SW neighborhood. Good investment opportunity with positive cash flow.
Courtesy: Real Broker, Llc.
Side x Side Duplexes don't come along to often and this one is in amazing condition! Newer Siding on Duplex and Garage. 2 bed, 1 bath in each unit with concrete wall between them. Craftsman details with a functional layout. Front and rear decks. One side is currently vacant, a perfect opportunity for an owner occupant. Garage space for each unit. Separate washer and dryer for each unit. Gas and Electric are metered separately (Tenants Pay). Owners 2025 expenses were Property Taxes ($2076), Insurance ($815), Water/Sewer ($695), Lawn Care/Snow ($1080), Garbage ($288), Misc ($568), Siding ($20,800).
Courtesy: Coldwell Banker Realty
612-920-5605
Opportunity and value meet in this centrally located duplex in the heart of Austin, Minnesota. This charming up-down style property offers flexible living or investment potential, ideal for both owner-occupants and portfolio-minded buyers. Each unit enjoys its own private entrance, creating a sense of separation and privacy. The exterior features recently painted wood siding, enhancing curb appeal while reflecting ongoing care and maintenance. The layout offers spacious interiors, natural light, and functional living areas, all within a classic duplex configuration. With its convenient proximity to downtown Austin, parks, schools, and local employers, this property is well-positioned for steady rental demand. Whether you're looking to live in one unit and rent the other, or fully lease both for income, this duplex delivers a smart mix of character, location, and long-term upside.
Courtesy: Coldwell Banker Realty
612-920-5605
Discover an outstanding opportunity with this up/down duplex located right on the edge of Downtown Austin. Situated just blocks away from the city's vibrant entertainment, restaurants, and cultural offerings, this property offers the quintessential Austin lifestyle. Both units feature spacious kitchens and living areas, ensuring comfortable and desirable living spaces for tenants. With such a prime location, you can expect high demand from renters who want to be in the heart of all that Austin has to offer. Investors and property owners will appreciate the ease of renting and the potential for steady rental income that this duplex presents. Don't miss the chance to own a piece of Austin's bustling downtown scene and make a sound investment in the heart of the city.
Courtesy: Coldwell Banker Realty
612-920-5605
Capitalize on Southern Minnesota’s growing healthcare and housing demand with this rare multi-unit investment opportunity in the heart of Austin. Centrally located and positioned for long-term appreciation, this property offers strong in-place cash flow, value-add potential, and flexibility in one of the region’s most stable rental markets. Unit 1: 1 Bed / 1 Bath / Bonus Room / $650 month. Unit 2: 1 Bed / 1 Bath / Bonus Room / $650 month. Unit 3: 1 Bed / 1 Bath / Bonus Room / $650 month. Unit 4: 1 Bed / 1 Bath / Bonus Room / $650 month. Unit 5: 2 Bed / 1 Bath / Bonus Room / $750 month. An insulated top-floor attic, considered Unit 6, is already prepared for finishing and presents excellent future upside with the potential for an additional unit or expanded living space, subject to city approval. Owner currently pays all utilities. Conveniently located just minutes from downtown Austin, major employers, parks, shopping, and healthcare facilities, this property benefits from a strong rental location with continued demand growth. Whether expanding an investment portfolio or entering the multifamily market, this Austin asset presents an attractive combination of current income, expansion potential, and long-term value.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved
Austin is located in Minnesota. Austin, Minnesota has a population of 26,030. Austin is less family-centric than the surrounding county with 30.55% of the households containing married families with children. The county average for households married with children is 30.74%.
The median household income in Austin, Minnesota is $54,320. The median household income for the surrounding county is $60,386 compared to the national median of $69,021. The median age of people living in Austin is 36.8 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 4.9 degrees. The average rainfall is approximately 34.3 inches per year, with 41.4 inches of snow per year.
