309 3rd Ave SW, Austin, MN, 55912
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.
Getting Around
Very Walkable
Very Limited Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1892
Type & Style
- Home type: MultiFamily
- Property subType: Duplex Other
Interior
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
Features
- Finished area below ground: 0
- Finished area above ground: 1,944
Heating
- Heating features: Forced Air
Interior Area
- Total structure area: 2,592
- Total interior livable area: 2,592 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 345750850
- Foundation area: 972
Features
- Levels: Two
Lot
- Lot size: 5,227 sqft
- Lot size dimensions: 5544
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Strong Wind
- Tornado
- Winter Weather
- Cold Wave
- Hail
How This Home’s Risks Compare
FEMA Declared Disasters in Mower County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $905 | $10,860 |
| Home Insurance * | $175 | $2,100 |
| Property Taxes | $338 | $4,056 |
| Electricity | $218 | $2,623 |
| Total | $1,636 | $19,632 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-02 | Listed for sale | $179,000 |
| 2025-06-02 | Listing removed | $179,000 |
| 2024-11-11 | Listed for sale | $179,000 |
| 2024-03-02 | Listing removed | -- |
| 2023-01-04 | Listed for sale | $179,000 |
| 2023-01-02 | Listing removed | -- |
| 2022-06-24 | Listed for sale | $179,000 |
| 2008-10-10 | Sold | $24,000 |
| 2007-11-02 | Sold | $78,000 |
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