Homes for sale - 1110 Oakland AVE, Austin, MN 55912

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Nick Leavy

nick@iheartexit.com +1(612) 236-5331

$350,000

Est. payment - /mo

5 Beds

3 Baths

3,933 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,933 sqft

Price per Sqft $88

Subdivision Yates & Lewis

MLS Listing ID 6714558

Style (MF) Triplex

Bedrooms 5

Year Built 1920

Annual Tax Amount $2,464

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 45x135

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

Community Yates & Lewis

Direction Take I-90 to the 4th St. NW exit. Turn South on 4th St. and go to Oakland Ave. W. Turn South on Oakland Ave. and go up to 1110. Property is across the street from Dairy Queen.

Rooms

Basement Concrete Block, Crawl Space, Poured Concrete

Interior

Heating Forced Air

Laundry In Basement

Exterior

Parking Features Detached Garage

Garage Spaces 2.0

Roof Type Age 8 Years or Less

Accessibility Partially Wheelchair

Total Parking Spaces 2

Building

Lot Description Corner Lot

Water City Water/Connected

Architectural Style (MF) Triplex

Others

Senior Community No

Tax ID 347952210

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Re/Max Results

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Nick Leavy

+1(612) 236-5331

President | License ID: 40668858

President License ID: 40668858

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1110 Oakland AVE Austin, MN 55912

Nick Leavy

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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