345 2nd AVE SW, Milaca, MN 56353
345 2nd AVE SW, Milaca, MN 56353
345 2nd AVE SW, Milaca, MN 56353
345 2nd AVE SW, Milaca, MN 56353
345 2nd AVE SW, Milaca, MN 56353
345 2nd AVE SW, Milaca, MN 56353
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Mark Johnson

Mark Johnson

+1(612) 597-8073
$ 340,000
Est. payment | /mo

5 Beds

2 Baths

2,076 SqFt

Save
$ 340,000
Est. payment | /mo
Save

5 Beds

2 Baths

2,076 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,076 sqft

Price per Sqft $163

Subdivision Fifth Add To Milaca

MLS Listing ID 7036294

Bedrooms 5

Year Built 1920

Annual Tax Amount $3,434

Tax Year 2026

Contingent None

Lot Size 0.414 Acres

Lot Dimensions 122x148

Property Sub-Type Duplex Up and Down

Property Description

Lower Unit is currently vacant, offering a perfect opportunity for owner-occupants to live in the lower unit and rent the upper unit. 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. With the upper lease 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.

Location

State MN

County Mille Lacs

Zoning Residential-Multi-Family,Residential-Single Family

Rooms

Basement Daylight/Lookout Windows, Full, Unfinished

Interior

Heating Baseboard, Boiler, Hot Water, Radiator, Radiant

Fireplace No

Laundry None

Exterior

Parking Features Detached Garage, Asphalt, Garage Door Opener

Garage Spaces 3.0

Roof Type Age 8 Years or Less,Asphalt

Building

Lot Description Corner Lot, Tree Coverage - Medium

Story Two

Foundation 1351

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Block,Concrete,Frame

New Construction false

Schools

School District Milaca

Listed by Samantha Severson • RE/MAX Advantage Plus

Nearby Locations

Mark Johnson

"Thanks for reaching out to The Johnson Group!  We're here to guide you and provide all the real estate info you need along the way.  Your dream home might be just a click away, and we're delighted to be a part of your real estate adventure! "

+1(612) 597-8073

mrjohnson@cbburnet.com

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345 2nd AVE SW