403 2nd St Nw Austin, MN 55912

Listing agency Coldwell Banker Realty - Lakes m***@cbburnet.com Show Phone

Listed by Mike Wilen Show Phone

Source Exprealty

Added: Jan 2 Updated: Jul 22 at 12:55PM Checked: Jul 22 at 12:55PM

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Investment Insights

Based on property information with market context.

This bundled multifamily investment portfolio is offered as a single package and includes four residential properties: 403 2nd Street NW (four unit), 509 4th Street (two unit), 309 3rd Avenue (two unit), and 404 South Main Street (two unit). In total, the portfolio provides 10 residential units with approximately 9,299 finished square feet and 26 total bedrooms.

All properties are currently tenant occupied on month-to-month leases, providing flexibility for repositioning, rent optimization, or long-term hold strategies. The package is located in Southern Minnesota rental markets, and the combined annual property taxes are approximately $6,808.

The unit mix includes one four-unit property and three two-unit properties, supporting diversified occupancy across the portfolio while maintaining an overall scale of 10 units within the same ownership structure.

Key Highlights

• Bundled multifamily portfolio of 4 tenant‑occupied properties offered as a single package.
• Total of 10 residential units with a diversified unit mix and 26 total bedrooms.
• Approximately 9,299 finished SF across the 4 properties.

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FAQs

What type of property is this?

Duplex - Four tenant-occupied residential properties totaling 10 units with month-to-month leases and a diversified unit mix.

Where is this duplex located?

The property is located at 403 2nd St Nw Austin, MN.

What is the asking price?

The asking price for this property is $796,000.

What are key features of this property?

This property features: Bundled multifamily portfolio of 4 tenant‑occupied properties offered as a single package.; Total of 10 residential units with a diversified unit mix and 26 total bedrooms.; Approximately 9,299 finished SF across the 4 properties.