Austin, MN Multifamily Homes & Duplexes for Sale
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$179,000
- 5 Beds
- 2 Baths
- 1,944 Sq Ft
309 3rd Ave SW, Austin, MN 55912
309 3rd Ave SW, Austin, MN 55912 -
$350,000
- 5 Beds
- 3 Baths
- 2,208 Sq Ft
1110 W Oakland Ave, Austin, MN 55912
1110 W Oakland Ave, Austin, MN 55912 -
$565,000
- 9 Beds
- 7 Baths
- 2,759 Sq Ft
24216 534th Ave, Austin, MN 55912
24216 534th Ave, Austin, MN 55912 -
$165,000
- 4 Beds
- 3 Baths
- 1,608 Sq Ft
107 3rd Ave SW, Austin, MN 55912
107 3rd Ave SW, Austin, MN 55912 -
Why Live in Austin



Settled along the Cedar River, Austin offers a relaxed lifestyle with outdoor amenities just 100 miles south of the Twin Cities. “It’s a very affordable city to live in with many modern amenities,” says Matt Bartholomew, Realtor and owner of Nord/Haus Real Estate Group. “It has that true hometown feel along with several parks and the Jay C. Hormel Nature Center.” Established as a city in 1871, Austin was initially occupied by the Dakota people and later earned its name from an English settler, Austin Nichols. Lumber and flour milling were the p ...
Home Trends in Austin, MN
On average, homes in Austin, MN sell after 42 days on the market compared to the national average of 49 days. The median sale price for homes in Austin, MN over the last 12 months is $185,000, up 3% from the median home sale price over the previous 12 months.
Housing Trends
In Austin, there are currently 6 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $118,000 to $565,000, there's a range to accomodate every budget. As of June, 2025 the median home price in Austin is $196,300, while the average sale price is $220,243, offering insights into the local housing market. On average, multi-family homes spend 42 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Austin, MN.