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$79,900 -$20,000 (-20.02%) Price Reduced

  • For Sale
  • Active
  • Triplex
  • 5 Beds
  • 3 Total Baths
  • 2,300 Sq. Ft.
  • 2 Car Garage
  • Updated 2 days ago
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Great investment opportunity with this triplex-perfect for an investor looking to fix and rent. The property features three units with a strong rental mix: one 1-bedroom/1-bath unit and two 2-bedroom/1-bath units, offering excellent income potential. The roof is approximately 10 years old, providing a solid starting point for renovations. The property needs TLC, making it ideal for value-add improvements and increased rental returns. Whether you're expanding your portfolio or starting one, this triplex offers a smart opportunity to renovate, stabilize, and cash flow.

Full Property Details for 1303 4th Ave NE

General

  • Price: $79,900
  • Taxes: $866 (2025)
  • Status: Active
  • Type: Triplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7012876
  • Updated: 2/4/2026
  • Added to Site: 15 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Shared Amenities: None

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Mower
  • Township: Austin
  • Driving Directions: From downtown Austin, take US-218 north, turn right on 8th St NE, then left on 4th Ave NE. Continue to 1303 4th Ave NE.

School Information

  • School District: 1825 - Austin
  • High School District: Austin

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation Size: 1679
  • Disability Access: None
  • Square Feet: 2,300
  • Above Ground: 2,300 Sq. Ft.
  • Below Ground: 1,160 Sq. Ft.
  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.131
  • Lot Dimensions: 52 x 110

Financial Considerations

  • Tax Amount: $866
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: YATES 34800 004 S110FT E52FT LOT 2
  • Property ID: 348000350

Listed by Jeff Hagel

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Listing agent

— 1303 4th Ave NE —

  • Jeff Hagel

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1303 4th Ave NE

School District:Austin Public School District
NameGradesDistance
Neveln Elementary School
1918 Oakland Avenue East, Austin, MN 55912
1-40.6 mi
Woodson Kindergarten Center
1601 4th Street Southeast, Austin, MN 55912
K-1.3 mi
Ellis Middle School
1700 4th Avenue Southeast, Austin, MN 55912
5-80.6 mi
Austin Senior High School
301 3rd Street Northwest, Austin, MN 55912
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1303 4th Ave NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/04/2026
Price Reduced
$79,900
-20.02%
MLS
1/23/2026
Listed
$99,900
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1303 4th Ave NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$866
22%
$109,600
62%
2022
$708
1%
$67,600
4%
2021
$698
-1%
$64,700
-3%
2023
$708
3%
$66,400
38%
2021
$690
23%
$48,200
48%
2020
$562
-1%
$32,600
100%
2019
$568
10%
100%
2018
$518
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Jeff Hagel

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1303 4th Avenue NE, Austin, MN 55912 (MLS# 7012876) is a Triplex property with 5 bedrooms and 0 full bathrooms. 1303 4th Avenue NE is currently listed for $79,900 and was received on January 23, 2026. Want to learn more about 1303 4th Avenue NE? Do you have questions about finding other Triplex real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

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