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151 3rd Avenue

Foley MN 56329

3
2
2
1872 sq. ft.
0.08 ac.
Duplex
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1872 sq. ft. floor area
0.08 ac. lot size
Duplex

Property history for 151 3rd Avenue

2023
Sold
Undisclosed
13 Feb 2023 by Dan Schroeder, of Advantage Point Realty
2003
Sold
$85,200
20 Jun 2003 by James Boos, of Coldwell Banker Realty

Happy sellers in Foley

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Local market activity for 3 bedroom duplexes in Foley

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