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Listed price in listed location currency (USD).
$280,000
$275,000

000

MLS® 6713002

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3456 sqft
Garage Yes
Taxes $2,762
Lot Size 
Approx. Age 1976
Avg. Price Per Sqft $79
MLS® Number 6713002

Property Address: 108 Cleveland Ave W, Underwood, MN, 56586-7215

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

Description

This well-maintained investment property offers strong cash flow, minimal upkeep, and a proven rental history. A fantastic opportunity for first-time investors or a valuable addition to any portfolio, the building features four fully occupied 2-bedroom, 1-bath apartments. Each unit includes a dedicated garage, with tenants covering electricity costs—including heat—for added efficiency. Additional amenities include a shared coin-operated laundry and expansive grounds for tenant enjoyment. Ideally situated just one block from an excellent school, this property provides quiet small-town living with easy access to city conveniences. A short drive connects residents to shopping, employment, and entertainment options, making this a highly desirable rental location.
MLS® Number6713002
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1976
BasementDaylight/Lookout Windows
DrivewayDetached
Garage Spaces4
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Jun 14, 2025End Date
$280,000Sold Price

Sold

May 1, 2025List Date
$275,000List Price
  • Commute

Commute

Starting Address
Destination Address
108 Cleveland Ave W, Underwood, MN

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