1110 W Oakland Avenue, Austin, MN

$350,000

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2,208

Square feet

0.14

Acres

About 1110 W Oakland Avenue

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.

Features of 1110 W Oakland Avenue

MLS® # 6714558
Price $350,000
Bathrooms 0.00
Square Footage 2,208
Acres 0.14
Year Built 1920
Type Residential Income
Sub-Type Triplex
Style Triplex
Status Active

Community Information

Address 1110 W Oakland Avenue
Subdivision Yates & Lewis
City Austin
County Mower
State MN
Zip Code 55912

Amenities

Amenities Coin-op Laundry Owned
# of Garages 2
Garages Detached
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No

Exterior

Lot Description Corner Lot
Roof Age 8 Years or Less
Construction Block, Slate

School Information

District Austin

Additional Information

Days on Market 165
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No

Listing Details

OfficeRe/Max Results

Listing Map

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