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.
Active
$350,000
1110 W Oakland Ave, Austin, MN 55912
5beds
3baths
3,933sqft
Est.:
Triplex
Built in 1920
-- sqft lot
$341,700 Zestimate®
$89/sqft
$-- HOA
What's special
- 41 days
- on Zillow |
- 164 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: May 08, 2025 at 07:07pm
Listed by:
Diego Correa Bravo 507-601-9145,
Re/Max Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6714558

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Appliances
- Laundry: Coin-op Laundry Owned
Features
- Basement: Block,Crawl Space,Concrete
Interior area
- Total structure area: 3,933
- Total interior livable area: 3,933 sqft
- Finished area above ground: 2,208
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
- Details: Garage Dimensions (20x21), Garage Door Height (7), Garage Door Width (16)
Accessibility
- Accessibility features: Partially Wheelchair
Features
- Levels: Two
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 45 x 135
- Features: Corner Lot
Details
- Foundation area: 1560
- Parcel number: 347952210
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Block, Slate
- Roof: Age 8 Years or Less
Condition
- Age of Property: 105
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Yates & Lewis
HOA
- Amenities included: Coin-op Laundry Owned
Location
- Region: Austin
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $138,900
- Annual tax amount: $2,328
- Date on market: 5/3/2025
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