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    Austin, MN
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 5 Active listings in Austin, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Six-Bedroom Duplex with Garage
    Six-Bedroom Duplex with Garage

    725 S Cedar Ave, Owatonna, MN 55060

    $240,000
    2,709 sqft

    Corner-lot duplex with a detached garage offering additional parking and storage.

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    Two-Unit Duplex with Tenants
    Two-Unit Duplex with Tenants

    922 Jefferson Avenue, Albert Lea, MN 56007

    $164,999
    1,637 sqft 0.14 AC lot

    Tenant-occupied property with separate kitchens, living rooms, and residential utility systems in each unit.

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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

    $250,000
    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 7 Overlie Place, Rose Creek, MN 55970

    Contact for pricing
    0.66 AC lot

    Large residential lots available in established Rose Creek subdivision.

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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:
    No data
    5,360 sqft 0.12 AC lot
    View details

    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 income 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 $322.6K

    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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