BEDS0
BATHS
SQUARE FEET1,465
MLS#7036290
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONTown Of Foley
SCHOOLFoley
Property Description
Income-producing up/down duplex in Foley, MN- offering strong cash flow. Excellent opportunity for both investors and owner-occupants seeking rental income and long-term value. This multi-family property features a 2 bed/1 bath main level unit and a 1 bed/1 bath upper unit, generating $2,050/month in rental income with leases in place through Fall 2026. The upper-level unit has been recently updated (2024?2025) with new flooring, fixtures, and kitchen improvements, while the main-level unit offers additional updates and future value-add potential. See supplements for more details. Includes a detached 2-stall garage and separately metered utilities. Access to laundry from the main level unit. Tenants pay gas, electric, lawn care, and snow removal, helping keep expenses low. Ideal for investors seeking a cash-flowing rental property or for owner-occupants looking to house-hack and offset their mortgage.
Property Features
Property Type: Multi Unit - Multiple
Basement: Concrete, Unfinished
Basement: Yes
Garage: 2
Heating: Forced Air
Lot Size: 0.08 Acres
Roof Type: Asphalt
Taxes: $1,704
Year Built: 1903
Feature Descriptions
Foundation Size: 1
Lot Dimensions: 30x120
Owners Expense: Sewer, Trash Collection, Water
Parcel#: 130012200
Parking: Detached Garage
Road Frontage: Paved Streets
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Gas, Lawn Care, Snow Removal
Units: 2
Water: City Water/Connected
Local Schools
School District: Foley
Listed By / Shown By
Listed By
Agency Name: RE/MAX Advantage Plus
Agency Phone: 320-264-9241
Shown By
Agency Title: LeBlanc Realty
Agency Phone: 218-281-7451
Estimate Your Payment
Estimated Payment
$ 632.86 per month $433.99 Principal & Interest $142.00 Property Tax $56.88 Homeowner's Insurance
151 3rd Avenue | MLS# 7036290
This multi-family property located at 151 3rd Avenue, Foley, MN 56329 is currently listed for sale with an asking price of $195,000. 3rd Avenue is located within the Foley school district. Search Foley real estate on www.leblancrealty.com today.