MN > Austin > Yates & Lewis
Austin, MN 55912,1110 W Oakland AVE
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Amber Steiner

Amber Steiner

+1(651) 285-5510
$ 350,000
Est. payment | /mo

2,208 SqFt

Save
$ 350,000
Est. payment | /mo
Save

2,208 SqFt

OPEN HOUSE

Sun May 04, 3:00pm - 6:00pm

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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1110 W Oakland AVE