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    Turnkey Updated Duplex Opportunity
    Updated: Jul 13
    Turnkey Updated Duplex Opportunity

    340 S Olive Street, Waconia, MN 55387

    $299,000
    1,828 sqft 0.25 AC lot
    Two‑unit duplex built in 1924 with vinyl exterior, shingle roof, and detached garage parking
    Main‑level unit: 2BR/2BA currently leased at $1,793/month total (rent + utilities/pet fees)
    Recent upgrades since 2023 include new trim, fresh paint, updated bath (new flooring/vanity), and added bedroom
    Major system updates since 2023: new sub‑panel, spray foam insulation, full re‑pipe to PEX, and new water softener
    Main‑level also features electric radiant heaters, converted den now used as a bath, and new LVP flooring in kitchen/entry
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    This listing looks promising.

    Here's a quick look at some key insights for

    340 S Olive Street, Waconia, MN 55387

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $27K
      Annual

    • Price @ 7% Cap

      $382K
      Above asking

    • Property Type

      Single Family Residence
      Built 1924
    View Property Analytics
    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Carver County, MN, we suggest exploring several alternatives:

    Carver County, MN Duplexes Market Trends and Statistics

    Explore 1 duplexes for sale in Carver County, MN on our real estate platform. These investment opportunities span a total of 1,828 square feet of properties for sale, with an estimated market value of $299,000.

    Sale prices for duplexes in Carver County, MN start at $299,000, averaging $299,000, and reaching up to $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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