29
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$350,000
Est. payment /mo
2,208 SqFt
Active
1110 W Oakland AVE Austin, MN 55912
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,208 sqft
Price per Sqft $158
Subdivision Yates & Lewis
MLS Listing ID 6714558
Year Built 1920
Annual Tax Amount $2,328
Tax Year 2025
Contingent None
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 45x135
Property Sub-Type Triplex
Property Description
This is your chance to own a fully leased, income generating triplex on high-visibility Oakland Ave., one of the busiest and best located streets in Austin, MN. With strong current rents totaling $3800/month, plus untapped potential for additional $200+ monthly garage rental and coin operated laundry, this property is a cash flow machine from day one. The building features 3 units - one fully renovated 1 bed/1 bath (previously an office, brand new inside), and two spacious 2 bed/1 bath units. Tenants love the location and layout, and leases are solid, with one locked in for two years. Recent updates include a new roof (under 6 months old), insuring low maintenance for years to come. Whether you're looking to add a strong performer to your portfolio or get started in multifamily investing, this property delivers stable income, location appeal, and future upside.
Location
State MN
County Mower
Zoning Residential-Multi-Family
Rooms
Basement Block, Crawl Space, Concrete
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Detached
Garage Spaces 2.0
Roof Type Age 8 Years or Less
Building
Lot Description Corner Lot
Story Two
Foundation 1560
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Block,Slate
New Construction false
Schools
School District Austin
Listed by Diego Correa Bravo • Re/Max Results
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