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Paula Swirtz

paula@pathwayshomegroup.com +1(651) 615-3445

$ 295,000

Est. payment | -/mo

5 Beds

3 Baths

2,208 SqFt

Save

$ 295,000

Est. payment | -/mo

Save

5 Beds

3 Baths

2,208 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,208 sqft

Price per Sqft $133

Subdivision Yates & Lewis

MLS Listing ID 7042144

Bedrooms 5

Year Built 1959

Annual Tax Amount $2,328

Tax Year 2025

Contingent None

Lot Size 6098.000 Acres

Lot Dimensions 95x135

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 $3750/month, plus untapped potential for additional $200+ monthly garage rental and coin operated laundry, this property is a cash flow machine for day one. The building features 3 units- one fully renovated 1 bed/1 bath (previously an office), and two spacious 2 bed/1 bath units. Tenants love the location and layout, and leases are solid. Recent updates include a newer roof (under 2 years old), insuring low maintenance for years to come. Whether you're looking to add a strong performer to your portfolio or get started in multi-family 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

Interior

Heating Forced Air

Fireplace No

Laundry In Basement

Exterior

Parking Features Detached Garage, Concrete

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

New Construction false

Schools

School District Austin

Listed by Diego Correa Bravo • Re/Max Results

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(651) 615-3445

paula@pathwayshomegroup.com

Learn More About LPT Realty

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1110 W Oakland AVE Austin, MN 55912