151 3rd Avenue, Foley, MN 56329

Foley
Local realty services provided by:ERA Gillespie Real Estate
151 3rd Avenue,Foley, MN 56329
$195,000
  • 3 Beds
  • 2 Baths
  • 1,465 sq. ft.
  • Multi-family
  • Active
Listed by: samantha severson
Office: re/max advantage plus
MLS#:7036290
Source:NSMLS

Price summary

  • Price:$195,000
  • Price per sq. ft.:$104.17

About this home

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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Home facts

  • Year built:1903
  • Listing ID #:7036290
  • Added:59 day(s) ago
  • Updated:May 18, 2026 at 12:04 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Basement:Yes
  • Basement Description:Concrete, Unfinished
  • Living area:1,465 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1903
  • Building area:1,465 sq. ft.
  • Lot area:0.08 Acres
  • Levels:1 1/2 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$195,000
  • Price per sq. ft.:$104.17
  • Tax amount:$1,704 (2026)

Parking

  • Parking description:Detached Garage
  • Garage:Yes
  • Garage spaces:2
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