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$310,000

Listing Price

1beds

1baths

901sqft

6,534sqft lot

403 2nd Street Se, Austin, MN 55912

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

61.29

Price / sqft

1924

Year built

Home Details

Units 1 through 4 feature identical layouts with 1 bedroom, 1 bathroom, and 1 bonus room, each rented at $650 monthly. Unit 5 offers a 2-bedroom, 1-bathroom layout with 1 bonus room, currently vacant, rents at $750. There's potential for a 6th unit - a top-floor attic already insulated and ready for customization. The owner covers all utilities and has maintained stable rents for years, offering potential for rent adjustments under new ownership. Managed locally, this property presents a hassle-free investment opportunity. Centrally located in Austin, Minnesota, the property enjoys proximity to modern conveniences. Third level ripe for developmentideal for a personalized owner-occupied space, or additional income. Do not wait, this will not last long! Unlock the potential of Southern Minnesota's healthcare boom with this exclusive investment opportunity!

Interior Details

Square Feet
  • 901

Bedrooms
  • 1

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Hardwood

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 6534

Water
  • No

Sewer
  • No

Parking
  • Type:

    Mixed

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Metal

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$746

$10,900

$41,200

--%

$52,100

2020

$746

$9,900

$44,300

--%

$54,200

2019

$626

$0

$0

--%

$0

2018

$618

$0

$0

--%

$0

percent-home-icon

Average Home Price in 55912

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$169,900

2 Beds

2 Baths

1,008 Sqft

7,013 Lot (sqft)

Sold 10/27/2026

$135,925

2 Beds

1 Baths

842 Sqft

5,881 Lot (sqft)

Sold 10/27/2026

$134,900

2 Beds

1 Baths

948 Sqft

5,837 Lot (sqft)

Sold 10/27/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
310,000
$
Down payment
62,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,860
$
HOA (Monthly)
0
$
PMI
0
$
$2,007
Your Payment
Total Monthly Payment:$2,007
Percent of Income:34%
Affordable:No

Details for 403 2ND ST SE

Property Debt

Foreclosure Contact Details