Home For Sale In Austin, Minnesota

house for sale

Listed: 06/11/24

907 4th St NW, Austin, Minnesota, 55912

6 Bed:

4 Bath:

2,676 Sq Ft Living Area:

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Price

$ 259,000

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About This House

Outstanding 6 bed, 2 bath duplex situated in the heart of Austin, MN. With a massive2, 676sq ft of living space split between two mirrored units, this property offers unbeatable value and income potential. Separate laundry rooms, garage spaces, and parking. Fully separate utilities allow for tenants to manage their own use. current tenants are on month-to-month leases after fulfilling long-term contracts, presenting a fantastic opportunity for the new owner. live in one unit while collecting rent from the other side. Or, seize this chance to propose new long-term leases at rental rates that are more aligned with today's market. the true prize lies in the duplex's exceptional location directly across from the Mayo Clinic. Residents can walk to work, dining, shopping, and entertainment in minutes, ensuring a steady stream of prospective renters from the hospital's staff and surrounding businesses. This property has demonstrated remarkable tenant stability over recent years.

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Original listing

Austin Housing & Living

Average sale prices for houses

3 bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$197,041 (+10.4%)
May 2024	$178,452 (-11.5%)
Apr 2024	$201,563 (0%)
Mar 2024	$201,563 (0%)
Feb 2024	$201,563 (0%)
Jan 2024	$201,563 (0%)

In June 2024, the asking price for 3 bed houses for sale in/near Austin, United States averaged $197,041, an increase of 10.4% from the previous month.

Median price trends for properties for sale in Austin, United States as of June 2024.

Household Income

Median household income: $46,923

Number of households: 9,903

The average household income in Austin, MN grew from $45,519 to $46,923 in the past year. This data is an estimate based upon 9,903 households in Austin, MN.
The chart below presents how household income is distributed in Austin, MN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Austin, MN compared to median property taxes around the country. The prevalent amount of property taxes in Austin, MN equals <$800 , which is less than the national average.