305 Red River Avenue S, Cold Spring, MN 56320
Local realty services provided by:ERA Gillespie Real Estate
305 Red River Avenue S,Cold Spring, MN 56320
$174,900
- - Beds
- - Baths
- 2,280 sq. ft.
- Multi-family
- Pending
Listed by:paul morrison
Office:re/max results
MLS#:6771036
Source:NSMLS
Price summary
- Price:$174,900
- Price per sq. ft.:$51.14
About this home
Duplex Investment Opportunity in the Heart of Cold Spring
This corner-lot duplex offers two separate units—both currently leased on a month-to-month basis—making it an ideal opportunity for investors or owner-occupants. Live in one unit and rent out the other to help offset your cost of living, or continue leasing both for steady income. Zoned C-2 and located at a high-visibility intersection, this property also presents excellent potential for a variety of commercial uses. The stucco-sided building welcomes you with a charming front porch and sits on a lot with moderate tree coverage, offering a balance of privacy and visibility. The main-level unit features two bedrooms, a full bathroom, and convenient main-floor laundry. The upper-level unit includes three bedrooms, a full bathroom, and its own laundry area—perfect for rental income, multigenerational living, or flexible space usage. A detached two-stall garage adds valuable storage or workshop potential. Utilities include a natural gas boiler, a 50-gallon electric water heater, and a 100-amp breaker panel. With current property taxes at just $1,940 annually, this is a smart investment in a growing area. Don’t miss your chance to own a versatile, income-generating property in a prime Cold Spring location.
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Home facts
- Year built:1920
- Listing ID #:6771036
- Added:44 day(s) ago
- Updated:October 02, 2025 at 08:00 AM
Rooms and interior
- Living area:2,280 sq. ft.
Heating and cooling
- Heating:Baseboard, Radiant
Structure and exterior
- Roof:Asphalt
- Year built:1920
- Building area:2,280 sq. ft.
- Lot area:0.26 Acres
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$174,900
- Price per sq. ft.:$51.14
- Tax amount:$1,940 (2025)
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