345 2nd Avenue Sw, Milaca, MN 56353

Milaca
Local realty services provided by:ERA Prospera Real Estate
345 2nd Avenue Sw,Milaca, MN 56353
$320,000
  • 5 Beds
  • 2 Baths
  • 2,076 sq. ft.
  • Multi-family
  • Active
Listed by: samantha severson
Office: re/max advantage plus
MLS#:7118423
Source:NSMLS

Price summary

  • Price:$320,000
  • Price per sq. ft.:$141.09

About this home

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 and the lower unit lease in place through mid June 2027, providing immediate and stable income. Recent updates in both units include painted cabinets, updated fixtures, and new lighting. Main level unit has access to laundry with a new washer/dryer. 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, electricity, 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.

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Home facts

  • Year built:1920
  • Subdivision & Development:Fifth Add To Milaca
  • Listing ID #:7118423
  • Added:18 day(s) ago
  • Updated:August 17, 2026 at 12:24 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Basement:Yes
  • Basement Description:Daylight / Lookout Windows, Full, Unfinished
  • Living area:2,076 sq. ft.

Heating and cooling

  • Heating:Baseboard, Boiler, Hot Water, Radiant

Structure and exterior

  • Roof:Age 8 Years or Less, Asphalt
  • Year built:1920
  • Building area:2,076 sq. ft.
  • Lot area:0.41 Acres
  • Lot Features:Corner Lot, Level, Sloped, Tree Coverage - Medium
  • Construction Materials:Block
  • Levels:2 Story

Utilities

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

Finances and disclosures

  • Price:$320,000
  • Price per sq. ft.:$141.09
  • Tax amount:$3,434 (2026)

Parking

  • Parking description:Asphalt, Detached Garage, Garage Door Opener
  • Garage:Yes
  • Garage spaces:3
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is 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.

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