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Leased Triplex with Rental Potential

1110 W Oakland Ave Austin, MN 55912

1110 W Oakland Ave, Austin, MN, 55912
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For Sale
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Fully leased triplex with one renovated 1-bed unit and two 2-bed units, plus roof recently replaced.

Property Size3,072 SF
Price / SF$105.79
Days on Market116

Property Features for 1110 W Oakland Ave

General Information

Standard status
Active
Size
3,072 SF
Property subtype
Multifamily

Building Details

Year Built
1920
Listing agency RE/MAX Results
Listed by Diego Correa · License #40887410
Source Crexi
Added: Mar 29 Updated: Jul 21 at 1:23PM Checked: Jul 21 at 1:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Results


Investment Insights

Based on property information with market context.

This fully leased triplex includes three rental units. One unit is a renovated 1 bed/1 bath that was previously used as an office, and the other two units are spacious 2 bed/1 bath layouts. The property also offers additional income potential through garage rental and coin-operated laundry.

The building is located at 1110 W Oakland Ave in Austin, Minnesota. Recent updates include a newer roof installed less than two years ago, helping support lower maintenance going forward.

For investors seeking an income-producing residential property with a mix of unit sizes, this triplex provides current rental occupancy along with opportunities to expand revenue from existing utility and space offerings.

Key Highlights

  • Fully leased triplex on Oakland Ave with strong current rents totaling $3,750/month
  • 3‑unit layout: one renovated 1 bed/1 bath (previously an office) plus two 2 bed/1 bath units
  • Roof replacement is newer than 2 years old

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Nail Salon Law Firm Restaurant (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery Electrical Service Garden Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Fully leased triplex with one renovated 1-bed unit and two 2-bed units, plus roof recently replaced.
Where is this triplex located?
The property is located at 1110 W Oakland Ave Austin, MN.
What is the asking price?
The asking price for this property is $324,990.
What are key features of this property?
This property features: Fully leased triplex on Oakland Ave with strong current rents totaling $3,750/month; 3‑unit layout: one renovated 1 bed/1 bath (previously an office) plus two 2 bed/1 bath units; Roof replacement is newer than 2 years old
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