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Neal Lawson

neal@mndreamteam.com +1(612) 418-5892

$ 195,000

Est. payment -/mo

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Active

151 3rd AVE Foley, MN 56329

3 Beds

2 Baths

1,465 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,465 sqft

Price per Sqft $133

Subdivision Town Of Foley

MLS Listing ID 7036290

Bedrooms 3

Year Built 1903

Annual Tax Amount $1,704

Tax Year 2026

Contingent None

Lot Size 3,615 Sqft

Lot Dimensions 30x120

Property Sub-Type Duplex Up and Down

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.

Location

State MN

County Benton

Rooms

Basement Concrete, Unfinished

Interior

Heating Forced Air

Fireplace No

Laundry In Basement

Exterior

Parking Features Detached Garage

Garage Spaces 2.0

Roof Type Asphalt

Building

Story One and One Half

Foundation 1

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One and One Half

New Construction false

Schools

School District Foley

Listed by Samantha Severson • RE/MAX Advantage Plus

NEARBY SCHOOLS & PROPERTIES

Neal Lawson

Broker Associate | License ID: 502039225

+1(612) 418-5892

Neal Lawson

151 3rd AVE Foley, MN 56329

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOLS & PROPERTIES

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