Residential Income

Austin, MN Residential Income Properties for Sale

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Updated Two-Unit Duplex
Updated: Aug 19
Updated Two-Unit Duplex

1103 8th St NW, Austin, MN 55912

$210,000
2,264 sqft
2,264‑square‑foot duplex at 1103 8th St NW, Austin, MN 55912
Main‑level unit offers 2 bedrooms and 1 bathroom
Upper‑level unit includes 1 bedroom and 1 bathroom
Both units are currently income‑producing
Electrical service and fixtures have been modernized
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Tenant-Occupied Multifamily Portfolio
Updated: Jul 2
Tenant-Occupied Multifamily Portfolio

403 2nd St, Austin, MN 55912

$310,000
3,833 sqft
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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Up-Down Duplex with Private Entrances
Up-Down Duplex with Private Entrances

309 3rd Ave SW, Austin, MN 55912

$179,000
1,944 sqft

Classic two-unit property with separate entrances and recently painted wood siding.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Up-and-Down Duplex Near Downtown
Up-and-Down Duplex Near Downtown

404 Main St, Austin, MN 55912

$118,000
1,632 sqft

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

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Leased Triplex with Rental Potential
Leased Triplex with Rental Potential

1110 W Oakland Ave, Austin, MN 55912

$295,000
2,208 sqft

Fully leased triplex with one renovated 1-bed unit and two 2-bed units, plus roof recently replaced.

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5 active listings match your search: Residential Income for sale in Austin, MN. Based on your search, we've also compiled 9 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Duplex with Detached Garage
Duplex with Detached Garage

725 S Cedar Avenue, Owatonna, MN 55060

$240,000
2,709 sqft 0.25 AC lot

Two residential units provide six bedrooms and two bathrooms across a corner parcel in Owatonna.

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Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

509 4th St, Albert Lea, MN 56007

$189,000
1,890 sqft

Up-down layout with a detached garage, off-street parking, and a spacious front yard.

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Side-by-Side Duplex with Garage
Side-by-Side Duplex with Garage

1602/1604 W Front Street, Albert Lea, MN 56007

$245,000
0.21 AC lot

Two attached residences offer practical layouts, on-site parking, and included kitchen and laundry appliances.

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Six-Unit Apartment Building
Six-Unit Apartment Building

805 S Cedar Avenue, Owatonna, MN 55060

$399,900
0.30 AC lot

Updated interiors, a newer boiler, and a detached garage support this residential income property.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Lot in Established Neighborhood
Residential Lot in Established Neighborhood

1604 18th Street SW, Austin, MN 55912

$51,300
0.34 AC lot

Building lot in established SW neighborhood, ready for new home.

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Residential Lot in Southwest Austin
Residential Lot in Southwest Austin

2424 9th Avenue SW, Austin, MN 55912

Contact for pricing
0.62 AC lot

Building lot in established neighborhood with utilities available.

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Residential Lots in Rose Creek, MN
Residential Lots in Rose Creek, MN

TBD 11 Overlie Place, Rose Creek, MN 55970

$30,000
0.77 AC lot

Large residential lots available in established Rose Creek subdivision.

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Residential Lots in Rose Creek
Residential Lots in Rose Creek

TBD 8 Overlie Place, Rose Creek, MN 55970

$30,000
0.70 AC lot

Large residential lots in established Rose Creek home development.

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Off-Market Properties in Austin, MN

Consider similar Off-Market properties in Austin, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

605 Main St
Residential income properties

605 Main St, Austin, MN 55912

Estimated value: by Request
5,360 sqft 0.12 AC lot
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Austin, MN Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Austin, MN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 11,881 square feet of properties for sale, with an estimated market value of $1,112,000.

Sale prices for residential investment properties in Austin, MN start at $118,000, averaging $222,400, and reaching up to $310,000 — 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

Multifamily properties 5
Duplexes 4
Triplexes 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Austin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55912 $222.4K

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%

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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