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.
Closed
$72,000
1303 4th Ave NE, Austin, MN 55912
5beds
3baths
3,460sqft
Triplex
Built in 1920
-- sqft lot
$40,100 Zestimate®
$21/sqft
$1,551 Estimated rent
Home value
$40,100
Estimated sales range
Not available
$1,551/mo
Zestimate® history
Owner options
List your home for rent
$1,551/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,551/mo
Rent Zestimate®
Refinance and save
$368/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$368/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Jeffrey Hagel 952-395-2799,
Jeff Hagel
Bought with:
David Thompson
Infinity Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7012876
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Features
- Basement: Unfinished
Interior area
- Total structure area: 3,460
- Total interior livable area: 3,460 sqft
- Finished area above ground: 2,300
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 5,706 sqft
- Dimensions: 52 x 110
Details
- Foundation area: 1679
- Parcel number: 348000350
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Frame
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Austin
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Sold | $72,000-9.9%$21/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7012876 Report a problem | ||
| 2/10/2026 | Pending sale | $79,900$23/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7012876 Report a problem | ||
| 2/4/2026 | Price change | $79,900-20%$23/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7012876 Report a problem | ||
| 1/26/2026 | Listed for sale | $99,900$29/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7012876 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $866 +24.4% | $83,000 +22.8% |
| 2023 | $696 -1.7% | $67,600 |
| 2022 | $708 +1.4% | -- |
| 2021 | $698 +1.2% | -- |
| 2020 | $690 +22.8% | -- |
| 2019 | $562 +8.5% | -- |
| 2018 | $518 -8.8% | -- |
| 2017 | $568 +9.7% | -- |
| 2016 | $518 +16.1% | -- |
| 2015 | $446 | -- |
| 2012 | $446 | -- |
Find assessor info on the county website
Neighborhood: 55912
Nearby schools
GreatSchools rating
- 2/10Neveln Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 4/10Ellis Middle SchoolGrades: 7-8Distance: 0.6 mi
- 4/10Austin Senior High SchoolGrades: 9-12Distance: 1.1 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$40,100
2% more
+$802
With Zillow Showcase(estimated)
$40,902
- Minnesota
- Mower County
- Austin
- 55912
- 1303 4th Ave NE
Nearby cities
Nearby zip codes
Other Austin Topics
