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Up-and-Down Duplex Near Downtown
For Sale
$118,000

404 Main St, Austin, MN 55912

Two residential units provide kitchens and living areas within a compact income-property configuration.

Property Size1,632 SF
Price / SF$72.30
Days on Market78

Property Features for 404 Main St

General Information

Standard status Active
Size 1,632 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1888
Buildings 1
Listing Agency: Coldwell Banker Realty - Lakes
Listed By: Mike Wilen
Source: Bradadamrealty
Added: Jul 31 Changed: Oct 10 Last Checked: Oct 15 at 1:57AM

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 Coldwell Banker Realty - Lakes

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Investment Insights

Based on property information with market context.

Built in 1888, this 1,632-square-foot duplex is arranged vertically with one residence above the other. Each unit includes a kitchen and living area, creating a straightforward two-unit residential layout suited to income-property ownership.

The property is located at 404 Main St in Austin, MN, near Downtown Austin and within walking distance of downtown entertainment, dining, and cultural destinations. Its central setting places both residences close to the city’s core while retaining the practical configuration of a traditional duplex.

Key Highlights

  • Up‑and‑down duplex configuration with 2 residential units
  • 1,632 square feet of total property size
  • Kitchen and living area included in each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Locksmith Bakery Big Box & Wholesale Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,067
Businesses Nearby

Demographics for 55912, MN

29,718
Population
12,443
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
88%
High-School Grad
188.0 sq mi
ZIP Area
158
Density / Sq Mi
$68,205
Median Household Income
$43,937
Median Earnings
$864
Median Rent
$161,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units provide kitchens and living areas within a compact income-property configuration.
Where is this duplex located?
The property is located at 404 Main St Austin, MN.
What is the asking price?
The asking price for this property is $118,000.
What are key features of this property?
This property features: Up‑and‑down duplex configuration with 2 residential units; 1,632 square feet of total property size; Kitchen and living area included in each unit
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