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345 2nd Avenue Sw, Milaca, MN 56353

Milaca
Local realty services provided by:CENTURY 21 FM Realty
345 2nd Avenue Sw,Milaca, MN 56353
$360,000
  • 5 Beds
  • 2 Baths
  • 2,268 sq. ft.
  • Multi-family
  • Active
Listed by: samantha severson
Office: re/max advantage plus
MLS#:7036294
Source:ND_FMAAR

Price summary

  • Price:$360,000
  • Price per sq. ft.:$158.73

About this home

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, generating $3,000/month in rental income ($36,000 annually) with leases 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.

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Home facts

  • Year built:1920
  • Listing ID #:7036294
  • Added:10 day(s) ago
  • Updated:April 04, 2026 at 03:12 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Basement:Yes
  • Living area:2,268 sq. ft.

Heating and cooling

  • Heating:Baseboard, Radiant

Structure and exterior

  • Year built:1920
  • Building area:2,268 sq. ft.
  • Lot area:0.41 Acres
  • Lot Features:Corner Lot

Utilities

  • Water:City Water/Connected
  • Sewer:City Sewer/Connected

Finances and disclosures

  • Price:$360,000
  • Price per sq. ft.:$158.73
  • Tax amount:$3,434

Parking

  • Garage spaces:3

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