505 18th Street NW Austin, MN ^$ 227,000

505 18th Street NW

^$ 227,000

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505 18th Street NW

Austin, MN, 55912

^$ 227,000

Bedrooms4 Baths2.0 Sq 2,832

Monthly Estimate*

^$ 1,586

505 18th Street NW, Austin, MN 55912 - Image 1

505 18th Street NW, Austin, MN 55912 - Image 2

505 18th Street NW, Austin, MN 55912 - Image 3

505 18th Street NW, Austin, MN 55912 - Image 4

505 18th Street NW, Austin, MN 55912 - Image 5

505 18th Street NW, Austin, MN 55912 - Image 6

505 18th Street NW, Austin, MN 55912 - Image 7

505 18th Street NW, Austin, MN 55912 - Image 8

505 18th Street NW, Austin, MN 55912 - Image 9

Multi-Family Home for sale in Austin, MN

for $227,000 with 4 bedrooms and 2 full baths. This 2,832 square foot home was built in 1955 on a lot size of 0.19.

Superb Side by Side 1-Story Duplex in terrific NW location. Both units have 2 bedrooms, full basements and attached garages. Building has steel siding, newer roof, hot water heat plus central air in one side. Includes all appliances. Live in one, rent out the other. Great investment opportunity.

Multi-Family Pending

Price

^$ 227,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,680

Style

Duplex Side by Side

Lot Size

0.19

Year Built

1955

Town/City

Austin

County/Region

Mower

MLS | Web ID

6453040

Features

General

Sewer City Sewer/Connected

Heating Boiler

Roof Age 8 Years or Less Asphalt

Garage Spaces 2

Construction Materials Steel Siding

Year Built 1955

Electric Circuit Breakers 100 Amp Service

Tenant Pays All Utilities Cable TV Electricity Gas Trash Collection Water

Levels One

Property SubType Duplex Side by Side

Tax Year 2024

Gross Income 18000

Accessibility None

County Mower

Operating Expense 6020.48

Insurance Expense 1020.48

New Construction N

Property Type Residential Income

Contingency None

Directions Oakland Ave West to 18th St NW north to property.

City Austin

Buyer Agent Compensation 3.00

High School District Austin

Total Units 2

Street Name 18th

Land Lease Y/N N

Tax Annual Amount 3680

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 187

Standard Status Pending

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Block Partially Finished Storage Space

Basement (Y/N) Y

Above Grade Finished Area 1632

Street Suffix Street

Below Grade Finished Area 1200

Fuel Natural Gas

Garage Dimensions 18x26 12x20

Garage Square Feet 708

Exterior

Parking Features Attached Garage Concrete

Lot Features Tree Coverage - Light

Water Source City Water/Connected

Lot Size Area 0.19

Lot Dimensions 59.99x135

Lot Size Units Acres

Foundation Area 1632

Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights Storm Sewer

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 505

* Excluded Features

List By

Fawver Agency

Broker

jwolesky@fawver.com

Affordability Calculator

$1,892

Per Month

Monthly Principal & Interest: $1,586
Monthly Property Taxes: $307
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Austin, MN

Average List Price ^$230,264

Percent of Sale Price 1%

About Austin, MN

24,843 Population

3% Since 2002

^$46,512 Median Income

38.07 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2005183 Elementary School

2005182 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/24/2024	$227,000	-4.22%	Price Down
2/9/2024	$237,000	-4.82%	Price Down
10/28/2023	$249,000		Listed Price

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505 18th Street NW, Austin, MN, 55912 is a Multi-Family Home for sale at $227,000 with 2,832 sqft and a lot size of 0.19. 505 18th Street NW has 4 bedrooms, 2.0 baths, and was built in 1955. The property's zip code is 55912 which is in Austin, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/3/2024.

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505 18th Street NW

Multi-Family Home for sale in Austin, MN

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