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MLS: #7036294, Listed By: Samantha Severson, RE/MAX Advantage Plus, Source:FargoMoorhead Area Association of REALTORS

345 2nd Avenue

Milaca, MN 56353

$340,000 $1,433/Mo

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Overview

Bed

Bath

2,076

Sqft

0.41

Acre(Lot)

Description

Lower Unit is currently vacant, offering a perfect opportunity for owner-occupants to live in the lower unit and rent the upper unit. 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, 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, electricit y, 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.

Property Details

Property Type : Residential Income

Price : $340,000

AD Id : 76375273

MLS Id : 7036294

Beds : 5

Lot Size : 0.41 Acre

Living Area Size : 2,076

Year Built : 1920

Garage : 3

County : Mille Lacs

Subdivision: Buckingham Place

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5

Bathroom Information

Total Baths: 2

Room Information

Has Basement: Yes Basement: Full, Unfinished
Roofing Information

Asphalt, Shingle
Interior Features

Roof: Asphalt, Shingle Laundry Features: None
Heating & Cooling

Has Heating: Yes Heating: Baseboard, Hot Water, Radiant

Building Information

Year Built: 1920 Building Area Total: 2268 Construction Materials: Block, Concrete, Frame Stories: 2 Patio And Porch Features: Porch Private Pool: No

Lot Information

Lot Dimensions: 122x148 Main Square Feet: 0.41 Acres Lot Size Acres: 0.41 Lot Size Square Feet: 17859.6 Lot Description: Corner Lot, Level, Sloped

Property Information

Subdivision: Fifth Add To Milaca Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 106

Listing Price Information

Listing Price: $340000 Original Price: $360000 Cash, Conventional, FHA, Special Funding, VA Loan

Tax Information

Parcel Number: 210460070 Annual Tax: $3434

Parking Information

Garage Door Opener

Garage Information

Has Garage: Yes Garage Space: 3

Location Information

Direction: Milaca - Hwy. 23 / 4th Street, go north on 2nd Ave SW - Home on right WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
811 Stonehaven Path, Milaca, MN, 56353	$219,900	2	1	1,233	1,233 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 06/07/2026 @ 14:34

MLS: 7036294 LISTED BY: Samantha Severson, RE/MAX Advantage Plus 320-264-9241 SOURCE: FargoMoorhead Area Association of REALTORS