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  • $350,000

    1110 W Oakland Ave, Austin, MN 55912

    5beds
    3baths
    3,933sqft
    : 
    Triplex
    Built in 1920
    -- sqft lot
    $341,700 Zestimate®
    $89/sqft
    $-- HOA

    What's special

    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.
    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#: 6714558MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1110 W Oakland Ave.

    Next available tour time:Today at 7pm

    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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