151 3rd Avenue, Foley, MN 56329

$195,000
3
BD
2
BA
1,465
SqFt
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List Price
$195,000
MLS#
7036290
Status
ACTIVE
Type
Multifamily
Style
(MF) Duplex Up and Down
Bedrooms
3
Bathrooms
2
Living Area
1,465
Acres
0.08
Subdivision
Town Of Foley
Year Built
1903
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Property 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.

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Additional Information

School District
Foley
Tax Year
2026
Fuel
Natural Gas
Sewer
City Sewer/Connected
Roof
Asphalt
Heating
Forced Air
Water
City Water/Connected
Basement
Concrete, Unfinished
Parking
Detached Garage
Garage Spaces
2
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Listing courtesy of RE/MAX Advantage Plus.

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