$179,000

309 3rd Ave SW Austin, MN 55912

Estimated payment $1,098/month

Total Views 64,775
5 Beds
2 Baths
1,944 Sq Ft
$92 Price per Sq Ft

About This Home

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 appeal while reflecting ongoing care and maintenance. The layout offers spacious interiors, natural light, and functional living areas, all within a classic duplex configuration. With its convenient proximity to downtown Austin, parks, schools, and local employers, this property is well-positioned for steady rental demand. Whether you're looking to live in one unit and rent the other, or fully lease both for income, this duplex delivers a smart mix of character, location, and long-term upside.

Listing Agent

Mike Wilen ™

Coldwell Banker Realty Brokerage Phone: 612-400-9000 Listed on: 06/10/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,304

Year Built

  • Built in 1892

Home Design

  • Duplex

Interior Spaces

  • 1,944 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 345750850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,304

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Other
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1892
  • Above Grade Finished Sq Ft: 1944
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-400-9000
  • Attribution Contact: 612-400-9000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 1944
  • Basement YN: Yes
  • Total Rooms: 1
  • Total Rooms: 1

Beds/Baths

  • Total Bedrooms: 5

Garage/Parking

  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Austin
  • SchoolDistrictNumber: 492
  • SchoolDistrictPhone: 507-460-1900

Lot Info

  • Lot Size: 5544
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 345750850
  • Tax Annual Amount: 1304
  • TaxWithAssessments: 1304.0000

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,852 $99,300 $24,200 $75,100
2023 $1,744 $93,700 $24,200 $69,500
2022 $1,672 $100,000 $24,200 $75,800
2021 $1,304 $86,000 $19,100 $66,900
2020 $1,296 $58,400 $16,600 $41,800
2018 $677 $54,700 $16,600 $38,100
2017 $1,354 $0 $0 $0
2016 $838 $0 $0 $0
2015 $1,026 $0 $0 $0
2012 $1,026 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 For Sale $179,000 -- $92 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Corporate Deed $24,000 Minnesota Abstract & Title C
Sheriffs Deed $78,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000,000 New Conventional
Previous Owner $111,800 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6736301

NorthstarMLS

APN: 34-575-0850