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New
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$450,000

4 days ago

5 Bed

2 Bath

2075 sqft

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MLS® 7018568

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2075 sqft
Garage Yes
Taxes $5,354
Days Active 3
Lot Size 
Approx. Age 1890
Avg. Price Per Sqft $216
MLS® Number 7018568

Property Address: 465 3rd Ave, Newport, MN, 55055-1404

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

Description

Almost completely rebuilt in approximately 2002, this up and down duplex blends historic character with extensive modern updates and strong investment appeal. Originally built in 1890 and offering two units with a total of five bedrooms and two bathrooms, the property sits on a spacious 0.32 acre corner lot in a quiet Newport neighborhood near parks and schools. The upper unit features two bedrooms, a full bath, and a large eat in kitchen that opens to comfortable living space, while the lower unit offers three bedrooms or two plus an office, a beautifully tiled three quarter bath, generous living and dining areas, and a large private deck. Both units include their own washer and dryer, central air, and separate furnaces, along with newer refrigerators, stoves, microwaves, and laundry appliances. Major recent improvements include a new roof on the house and garage, new rubber flat roof sections, new siding, and new gutters in 2024, plus all three exterior doors replaced, a new garage service door, a new lower unit deck, and a new upper entry deck in 2025. The upper unit furnace and both air conditioning units have been replaced. Water and hot water are shared and paid by the landlord with a single water heater, while all other utilities are split. A two car detached garage and spacious yard complete this well maintained property, ideal for owner occupants or investors seeking a solid, updated duplex.
MLS® Number7018568
Laundry LevelIn Basement, In Unit, Upper Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1890
BasementPartial
DrivewayDetached Garage
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 21, 2026List Date
$450,000List Price
  • Commute

Commute

Starting Address
Destination Address
465 3 Rd Ave, Newport, MN

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