501 1st St SW, Austin, MN 55912

Charming 3-Bedroom Home with Bonus Guest House Near Bandshell Park and full of wild life. Welcome to 501 1st St SW, a well-maintained single-family home nestled on a quiet dead-end street in the heart of Austin, MN. This 3-bedroom, 2-bath home offers comfort, functionality, and an unbeatable location—just steps from downtown and adjacent to beautiful Bandshell Park. The main house features a newer energy-efficient furnace and AC, updated vinyl windows and siding, and a newer roof, giving you peace of mind for years to come. Enjoy a spacious two-car garage and a generously sized backyard—perfect for entertaining or relaxing. But the real bonus? A separate, remodeled 1-bedroom, 1-bath guest house in the backyard! Formerly used as a rental and Airbnb, this additional living space includes its own updated electrical system, plus a new energy-efficient furnace, AC, and water heater—all installed just two years ago. Whether you’re looking for extra income, multigenerational living, or a private studio/office, this second home offers endless flexibility. This is a wonderful opportunity for families or investors alike—move-in ready, full of updates, and located in one of Austin’s most desirable areas. For Sale By Owner – Contact 507-219-7834 to schedule a showing.