About 345 2nd Avenue Sw
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 and the lower unit lease in place through mid June 2027, providing immediate and stable income. Recent updates in both units include painted cabinets, updated fixtures, and new lighting. Main level unit has access to laundry with a new washer/dryer. 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.
Features of 345 2nd Avenue Sw
| MLS® # | 7118423 |
|---|---|
| Price | $320,000 |
| Bedrooms | 5 |
| Bathrooms | 2.00 |
| Square Footage | 2,076 |
| Acres | 0.41 |
| Year Built | 1920 |
| Type | Residential Income |
| Sub-Type | Duplex Up and Down |
| Status | Active |
Community Information
| Address | 345 2nd Avenue Sw |
|---|---|
| Subdivision | Fifth Add To Milaca |
| City | Milaca |
| County | Mille Lacs |
| State | MN |
| Zip Code | 56353 |
Amenities
| Amenities | None |
|---|---|
| Parking | Detached Garage, Asphalt, Garage Door Opener |
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Boiler, Hot Water, Radiator, Radiant |
|---|---|
| Fireplace | No |
Exterior
| Exterior Features | Fiber Board |
|---|---|
| Lot Description | Corner Lot, Tree Coverage - Medium |
| Roof | Age 8 Years or Less, Asphalt |
| Construction | Block, Concrete, Frame |
School Information
| District | Milaca |
|---|
Additional Information
| Days on Market | 42 |
|---|---|
| Zoning | Residential-Multi-Family,Residential-Single Family |
| Foreclosure | No |
| Short Sale | No |
| Taxes | $3,434 |
| Tax Year | 2026 |
Listing Details
| Office | RE/MAX Advantage Plus |
|---|