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Listed price in listed location currency (USD).
$360,000

523

MLS® 7036294

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2076 sqft
Garage Yes
Taxes $3,434
Days Active 34
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $173
MLS® Number 7036294

Property Address: 345 2nd Ave Sw, Milaca, MN, 56353-1109

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to this income-producing duplex in Milaca, MN- offering a great opportunity for both investors and owner-occupants. This up/down duplex features a 3-bedroom main-level unit and a 2-bedroom upper unit, generating $3, 000/month in rental income ($36, 000 annually) with leases in place through 2026, providing immediate and stable income. Recent updates in both units include painted cabinets, updated fixtures, and new lighting. See supplements for more updates/details. Roof replaced in 2022. The property also features separately metered utilities and a detached 3-stall garage with a separate electric meter (2024), offering added income potential or flexibility for owner use. Tenants pay for gas, electricity, lawn care, and snow removal, which helps keep operating expenses low. This is a great fit for those seeking a reliable investment, a house-hack opportunity, or a multi-family property.
MLS® Number7036294
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1920
BasementDaylight/Lookout Windows, Full, Unfinished
DrivewayDetached Garage, Asphalt, Garage Door Opener
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 24, 2026List Date
$360,000List Price
  • Commute

Commute

Starting Address
Destination Address
345 2Nd Ave Sw, Milaca, MN

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