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.
Listed By
Agency Name: RE/MAX Advantage Plus
Agency Phone: 320-264-9241
Shown By
Agent Name: Sherry Coauette
Agent Phone: (218) 280-8272
Agency Title: LeBlanc Realty
Estimated Payment
$ 632.86 per month $433.99 Principal & Interest $142.00 Property Tax $56.88 Homeowner's Insurance
151 3rd Avenue | MLS# 7036290
This multi-family property located at 151 3rd Avenue, Foley, MN 56329 is currently listed for sale with an asking price of $195,000. 3rd Avenue is located within the Foley school district. Search Foley real estate on scoauette.leblancrealty.com today.