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MLS# 7004319 - 403 2nd Street NW Austin, MN 55912

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Coldwell Banker Realty is the brokerage office representing the seller for this listing.

Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.

The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Kevin Kruchten is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Kevin Kruchten, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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See Remarks.","DocumentsCount":"0","DaysOnMarket":"0","FoundationArea":"9299","NST_FractionalOwnershipYN":"No","NST_Fuel":"Electric,Natural Gas","GarageSpaces":"1","Heating":"Baseboard,Boiler","HighSchoolDistrict":"Austin","NST_ForeclosureStatus":"No","Inclusions":"Building,Other","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"True","InternetConsumerCommentYN":"True","InternetEntireListingDisplayYN":"True","LandLeaseYN":"False","Latitude":"43.669434","NST_LenderOwned":"No","ListPrice":"796000","ListingContractDate":"2026-01-02T06:00:00Z","ListingId":"NST7004319","Longitude":"-92.977541","LotSizeArea":"0.123","LotSizeDimensions":"Irregular","LotSizeUnits":"Acres","NumberOfUnitsTotal":"10","OriginalEntryTimestamp":"2026-01-02T15:42:30Z","ParcelNumber":"01","NST_SchoolDistrictNumber":"1825","ParkingFeatures":"Other","PhotosCount":"4","PhotosChangeTimestamp":"2026-01-02T21:46:06.832Z","PostalCity":"Austin","PostalCode":"55912","NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","PropertyType":"Commercial Sale","PublicRemarks":"Rare opportunity to acquire a bundled multi family investment portfolio in Southern Minnesota offered as a single package with immediate scale and diversified unit mix, including a four unit property at 403 2nd Street NW in Austin, a two unit property at 509 4th Street in Albert Lea, a two unit property at 309 3rd Avenue in Austin, and a two unit property at 404 South Main Street in Austin, for a combined total of ten residential units across four properties, encompassing approximately 9,299 finished square feet, 26 total bedrooms, and combined annual property taxes of approximately $6,808, with all properties currently tenant occupied on month to month leases providing flexibility for repositioning, rent optimization, or long term hold strategies in stable Southern Minnesota rental markets.","NST_SchoolDistrictPhone":"5074601900","Sewer":"City Sewer/Connected","StandardStatus":"Active","StateOrProvince":"MN","StreetDirSuffix":"NW","StreetName":"2nd","StreetNumber":"403","StreetNumberNumeric":"403","StreetSuffix":"Street","SubdivisionName":"Davidson","TaxAnnualAmount":"3408","NST_TaxWithAssessments":"3408","TaxYear":"2025","Township":"Austin","Utilities":"Electric Common","VideosCount":"0","WaterSource":"City Water/Connected","YearBuilt":"1900","ZoningDescription":"Residential-Multi-Family","ListAgentKey":"NST67304","ListAgentMlsId":"NST502026306","ListOfficeMlsId":"NST5116","ListOfficeName":"Coldwell Banker Realty","ListOfficeKey":"NST16638","ModificationTimestamp":"2026-01-02T21:46:06.832Z","OriginatingSystemName":"northstar","Media":"[{\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7838959/8c4b324a-cdd7-4fd9-abb2-c4847562465b.jpeg\",\"Order\":3,\"MediaObjectID\":\"NST3\",\"ResourceRecordKey\":\"NST7838959\",\"ImageWidth\":296,\"ImageHeight\":222,\"ImageSizeDescription\":\"296x222\",\"MediaModificationTimestamp\":\"2026-01-02T21:45:10.892Z\",\"MediaKey\":\"NST120023211\"},{\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7838959/acd9cf47-f371-4b00-aca4-2028caa7debf.jpeg\",\"Order\":2,\"MediaObjectID\":\"NST2\",\"ResourceRecordKey\":\"NST7838959\",\"ImageWidth\":296,\"ImageHeight\":222,\"ImageSizeDescription\":\"296x222\",\"MediaModificationTimestamp\":\"2026-01-02T21:45:10.892Z\",\"MediaKey\":\"NST120023212\"},{\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7838959/af1f975d-29f0-4c63-9d21-7e11d8af8aa1.jpeg\",\"Order\":4,\"MediaObjectID\":\"NST4\",\"ResourceRecordKey\":\"NST7838959\",\"ImageWidth\":296,\"ImageHeight\":222,\"ImageSizeDescription\":\"296x222\",\"MediaModificationTimestamp\":\"2026-01-02T21:45:10.923Z\",\"MediaKey\":\"NST120023210\"},{\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7838959/05893410-885e-4552-b360-f6b5378e4e77.jpeg\",\"Order\":1,\"MediaObjectID\":\"NST1\",\"ResourceRecordKey\":\"NST7838959\",\"ImageWidth\":1024,\"ImageHeight\":768,\"ImageSizeDescription\":\"1024x768\",\"MediaModificationTimestamp\":\"2026-01-02T21:45:10.893Z\",\"MediaKey\":\"NST120023209\"}]","Media__MediaURL":"https://s3.amazonaws.com/mlsgrid/images/NST7838959/8c4b324a-cdd7-4fd9-abb2-c4847562465b.jpeg","Media__Order":"3","Media__MediaObjectID":"NST3","Media__ResourceRecordKey":"NST7838959","Media__ImageWidth":"296","Media__ImageHeight":"222","Media__ImageSizeDescription":"296x222","Media__MediaModificationTimestamp":"1/2/2026 9:45:10 PM","Media__MediaKey":"NST120023211","DocumentsChangeTimestamp":"2026-01-02T21:44:06.223Z","MlgCanView":"True","MlgCanUse":"IDX","PhotoRemarks":"","PhotoOrder":"1,2,3,4","CustomVTourURL":""}

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Kevin Kruchten
35586 County Road 66
Crosslake, MN 56442
Phone:   218-251-4949
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