Quadplex

Austin, MN Quadplexes for Sale

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Tenant-Occupied Multifamily Portfolio
Updated: Jan 2
Tenant-Occupied Multifamily Portfolio

403 2nd St Nw, Austin, MN 55912

$796,000
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.
Month‑to‑month tenant leases at all properties for flexibility.
Properties include 403 2nd Street NW (Austin), 509 4th Street (Albert Lea), 309 3rd Avenue (Austin), and 404 South Main Street (Austin).
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Austin, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

One-Story Brick Fourplex
One-Story Brick Fourplex

605 1st St, Rudd, IA 50471

$220,000
2,688 sqft

Brick one-story fourplex on a corner lot with off-street paved parking and steel roof, fully occupied.

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Rudd, Iowa Fourplex For Sale
Rudd, Iowa Fourplex For Sale

605 1st Street, Rudd, IA 50471

$220,000
0.30 AC lot

Fully occupied fourplex with excellent rental history and paved parking.

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Fully Occupied Fourplex
Fully Occupied Fourplex

1509 14th St Nw, Rochester, MN 55901

$460,000
3,290 sqft

Four residential units feature shared boiler heat, tenant-paid electric, and coin-operated common laundry.

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Turnkey 4-Plex Income Property
Turnkey 4-Plex Income Property

317 14th St Sw, Rochester, MN 55904

$649,900

Completely remodeled, fully occupied fourplex with four 2-bedroom units and in-unit laundry, each with boiler heat and mini-split HVAC.

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Austin, MN Quadplexes Market Trends and Statistics

Explore 1 quadplexes for sale in Austin, MN on our real estate platform.

Sale prices for four-unit buildings in Austin, MN average $796,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 2
Triplexes 2
Quadplexes 1

Demographics Overview

Population 29K
Population Growth (5Y) +2.2%
Median Household Income $68,205
College Educated 32.8%

Taxes & Financing

Tax Rate (average for all types) 2.17%
Property Tax per SF $28.68 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mower County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Austin fall within the 50,000 to 100,000 square foot range.

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