Added 5 days ago

$99,900

1303 4th Avenue NEAustin, MN 55912

Type: Multi-Family

3 Units

Description

Great investment opportunity with this triplex—perfect for an investor looking to fix and rent. The property features three units with a strong rental mix: one 1-bedroom/1-bath unit and two 2-bedroom/1-bath units, offering excellent income potential. The roof is approximately 10 years old, providing a solid starting point for renovations. The property needs TLC, making it ideal for value-add improvements and increased rental returns. Whether you’re expanding your portfolio or starting one, this triplex offers a smart opportunity to renovate, stabilize, and cash flow.

MLS ID: 7012876

Directions: From downtown Austin, take US-218 north, turn right on 8th St NE, then left on 4th Ave NE. Continue to 1303 4th Ave NE.

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Property Details

Essential Details

MLS #: 7012876

Listing courtesy of: Jeff Hagel

Price: $99,900

Type: Multi-Family

Contingency: None

Foreclosure: No

Total Units: 3

Garage SqFt: 484

Garage Spaces: 2

Building Details

Owner Occupied: No

Finished SqFt Total: 2,300

Finished Above Grade: 2,300

Fireplace: No

Construction Materials: Frame

AccessibilityFeatures: None

Heating: Forced Air

Style: Triplex

Foundation Area: 1,679

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Present Use: Yearly

Lot Details

Lot Dimensions: 52x110

School Information

District: Austin

District Number: 1825

District Phone: 5074601900

Community Information

County: Mower

Taxes

Tax Year: 2025

Tax Amount: $866

Assessment Pending: No

Taxes w/Assessments: $866

This listing was last updated by Jeff Hagel on 1/26/2026 at 11:52 am.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 2/1/2026 1:25 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Rochester are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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