Property Listing
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 Information
Status: Active
Sub Type: ********
List Price: $175,000
MLS#: 7118185
Current Price: $175,000
Address: 151 3rd Avenue, Foley, MN 56329
City: Foley
State: MN
Postal Code: 56329
Geo Lat: 45.663496
Geo Lon: -93.912346
Subdivision: Town Of Foley
County: Benton
Property Description
Year Built: 1903
Lot Size SqFt: 3484.8
Gen Tax: 1704
Specials Inst: 0
High School: Foley
Square Ft. Source:
Above Grade Finished Area: 1465
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 1872
Style: Array
Total Bedrooms: 3
Total Bathrooms: 2
Total Full Baths:
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: