Mower Homes with Apartments/Multi Family Style

Welcome to Mower County, Minnesota – a hidden gem nestled in the heart of the Midwest, where charm meets opportunity. Known for its vibrant communities and stunning natural beauty, Mower County offers a unique blend of rural tranquility and urban convenience, making it an ideal location for families, professionals, and investors alike.

Mower County is home to several picturesque towns, including Austin, the county seat, famous for its rich history and the renowned Spam Museum. With lush parks, scenic trails, and a welcoming atmosphere, residents enjoy a quality of life that is both fulfilling and enriching. The county is also well-equipped with essential amenities, including shopping centers, schools, and healthcare facilities, ensuring that everything you need is just a stone's throw away.

For those interested in real estate, Mower County presents an exciting opportunity with its diverse housing market, particularly in multi-family homes and apartments. Whether you’re looking to invest or find a home that suits your lifestyle, the county boasts a variety of properties that cater to different needs. From charming duplexes in quiet neighborhoods to modern apartment complexes near bustling downtown areas, there’s something for everyone.

Investing in multi-family homes in Mower County not only provides a potential source of income but also allows you to be part of a thriving community. With its affordable housing options and steady demand for rental properties, Mower County is a smart choice for both seasoned investors and first-time buyers.

Explore the possibilities in Mower County, where your dream home or investment opportunity awaits!

Newest Mower Homes with Apartments/Multi Family Style

$399,900

12 Beds ⋅ 9 Baths ⋅ 7025547 MLS

Opportunity and value in Downtown Austin Minnesota. Ample parking, with great cash flow! This 9-unit building is bringing in a total of $7,645 in rents , and Management could transfer with the new owner. This has some nice updates throughout the units and mechanics, it also features a brand new roof in 2025. See supplement for related information and income/expenses.

310 S Main Street, Austin

Listing courtesy of Compass.

$449,900

14 Beds ⋅ 8 Baths ⋅ 7006896 MLS

Well-maintained 8-unit apartment building located in Adams. The property features a balanced unit mix of six 2-bedroom units and two 1-bedroom units. The building is configured with two separate coin-operated laundry rooms, one serving each section of the property. Electric utilities are separately metered, and electric heat is provided, allowing residents to manage their own utility usage. The property currently operates with on-site management, which is available to remain in place or may transition at the discretion of new ownership. Existing leases allow for 30-day notice to vacate following a change in ownership, offering operational flexibility.

18 NE Schmitz Street, Adams

Listing courtesy of Compass.

$796,000

7004319 MLS

Rare opportunity to acquire a bundled multi family investment portfolio in Southern Minnesota offered as a single package with immediate scale and diversified unit mix, including a four unit property at 403 2nd Street NW in Austin, a two unit property at 509 4th Street in Albert Lea, a two unit property at 309 3rd Avenue in Austin, and a two unit property at 404 South Main Street in Austin, for a combined total of ten residential units across four properties, encompassing approximately 9,299 finished square feet, 26 total bedrooms, and combined annual property taxes of approximately $6,808, with all properties currently tenant occupied on month to month leases providing flexibility for repositioning, rent optimization, or long term hold strategies in stable Southern Minnesota rental markets.

403 2nd Street NW, Austin

Listing courtesy of Coldwell Banker Realty - Lakes.

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