Austin, MN Multifamily Homes & Duplexes for Sale

/62
$138,500
- 2 Beds
- 2 Baths
- 1,450 Sq Ft
1200 18th Ave NW Unit 132, Austin, MN 55912

Welcome to this charming end-unit 2-bedroom, 2-bathroom condominium, perfectly situated in an ultra-convenient location within the desirable 55+ community of The Oaks Condominiums. This delightful home offers all one-level living, ensuring ease and comfort for you or your loved one.As an end unit, it provides additional privacy and tranquility, along with a garage stall and heated garage

Matt Bartholomew Real Broker, LLC.

1200 18th Ave NW Unit 132, Austin, MN 55912
Explore Austin
/32
$199,000
- 4 Beds
- 3 Baths
- 1,920 Sq Ft
611 4th Ave NW, Austin, MN 55912

Investment opportunity - fully rented triplex. Well-maintained triplex for sale featuring one 2-bedroom unit and two 1 bedroom units. All units are clean and fully occupied with reliable, long-term tenants. Property also includes a detached garage. Prime location near schools and downtown amenities. Perfect for investors looking for a steady income from day one!

Amy Cooper RE/MAX Results

611 4th Ave NW, Austin, MN 55912
/15
$310,000
- 8 Beds
- 4 Baths
- 3,833 Sq Ft
403 2nd St NW, Austin, MN 55912

Unlock the potential of Southern Minnesota’s healthcare and housing boom with this rare multi-unit investment opportunity in the heart of Austin. Centrally located and well-positioned for long-term value, this four-unit property offers strong cash flow and room to grow in one of the region’s most stable rental markets. Units 1 through 4 each feature identical layouts with 1 bedroom, 1 bathroom,

Mike Wilen ™ Coldwell Banker Realty

403 2nd St NW, Austin, MN 55912
/9
$179,000
- 5 Beds
- 2 Baths
- 1,944 Sq Ft
309 3rd Ave SW, Austin, MN 55912

Opportunity and value meet in this centrally located duplex in the heart of Austin, Minnesota. This charming up-down style property offers flexible living or investment potential, ideal for both owner-occupants and portfolio-minded buyers. Each unit enjoys its own private entrance, creating a sense of separation and privacy. The exterior features recently painted wood siding, enhancing curb

Mike Wilen ™ Coldwell Banker Realty

309 3rd Ave SW, Austin, MN 55912
/29
$350,000
- 5 Beds
- 3 Baths
- 2,208 Sq Ft
1110 W Oakland Ave, Austin, MN 55912

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

Diego Correa Bravo Re/Max Results

1110 W Oakland Ave, Austin, MN 55912
/19
$165,000
- 4 Beds
- 3 Baths
- 1,608 Sq Ft
107 3rd Ave SW, Austin, MN 55912

Triplex with tons of updates done! Significant investment completed in the last 2 years with new roof, new vinyl siding & new windows. 2 bedroom apartment on the main floor and 2x 1 bedroom apartments on the 2nd floor

Jon Espy Infinity Real Estate

107 3rd Ave SW, Austin, MN 55912
/8
$118,000
- 6 Beds
- 2 Baths
- 1,632 Sq Ft
404 S Main St, Austin, MN 55912

Discover an outstanding opportunity with this up/down duplex located right on the edge of Downtown Austin. Situated just blocks away from the city's vibrant entertainment, restaurants, and cultural offerings, this property offers the quintessential Austin lifestyle. Both units feature spacious kitchens and living areas, ensuring comfortable and desirable living spaces for tenants. With such a

Mike Wilen ™ Coldwell Banker Realty

404 S Main St, Austin, MN 55912

Minnesota Mower County Austin

Why Live in Austin

Austin, Minnesota, known as SPAMTOWN USA, offers a relaxed lifestyle along the Cedar River, just 100 miles south of the Twin Cities. With a population of 26,000, the city is home to Fortune 500 companies like Hormel Foods Corporation, providing over 1,800 jobs. The real estate market features affordable single-family homes, including rambler and cottage designs, with new constructions primarily on the north side. Austin boasts 28 parks and 500 acres of green spaces, such as Horace Austin Park and East Side Lake Park, ideal for outdoor activities. The Jay C. Hormel Nature Center offers 9 miles of trails for hiking and cross-country skiing. The SPAM Museum on Main Street provides interactive exhibits about the brand's history. Seasonal events include the 4th of July Freedom Fest and the Paint the Town Pink Campaign, raising funds for cancer research. Main Street features local boutiques and eateries, with notable spots like Steve's Pizza. Austin Public School District serves over 5,000 students with high ratings, and Riverland Community College offers associate degrees. Healthcare is accessible at Austin Medical Center, and transportation is facilitated by U.S. Interstate 90 and SMART bus routes. Crime rates in Austin are lower than the national average, with significant decreases in violent and property crimes in 2023.

Learn more about living in Austin

Home Trends in Austin, MN

On average, homes in Austin, MN sell after 43 days on the market compared to the national average of 52 days. The median sale price for homes in Austin, MN over the last 12 months is $184,000, up 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$184,000

Median Single Family Sale Price

$200,000

Median Townhouse Sale Price

$289,000

Average Price Per Sq Ft

$133

Number of Homes for Sale

Last 12 months Home Sales

348

Months of Supply

2.40

Median List Price

$196,300

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Austin, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $118,000 to $350,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Austin is $196,300, while the average sale price is $218,639, offering insights into the local housing market. On average, multi-family homes spend 43 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.

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