Updated Two-Unit Residential Income Property

32969 Laplant Road Grand Rapids, MN 55744

Claim this Listing
For Sale
$550,000

MULTI_FAMILY - Grand Rapids, MN

Property size:
5,040 SF
Lot size:
5.00 Acres
Price / SF:
$109/SF
Added:
Apr 10, 2025
Days on Market:
459
Last Refresh:
Jul 12 at 4:06 am

Property Features for 32969 Laplant Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 2, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 3, Basement, Bedroom 4, Bedroom 1
Exterior features
Engineered Wood
Standard status
Active
APN
196350063
Size
5,040 SF
Lot size
5.00 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
3934

Utilities

Sewer type
Private Sewer
Heating system
Baseboard
Water source
Private

Building Details

Year built
1963
Roof type
Metal

Listing agent Brian Johnson

Listing office Keller Williams Classic Realty 1740 116th Ave. NW Suite #100, Coon Rapids, MN

Listing date Apr 10, 2025

MLS# 6700236 Listing URL

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale property includes two residential rental units that have been updated, along with a separate unit intended for business use. The property size is 5,040 square feet and sits on 5 acres. Recent improvements include HVAC, electrical, siding, flooring, paint, and a newer roof, supporting a turn-ready setup for an owner-operator or investor.

The property is located just south of Grand Rapids on Hwy 169, with visibility from the highway. Ample parking is available on site, which can be helpful for tenants, customers, or business visitors depending on how the space is utilized.

For tenants or buyers looking for a mixed-use configuration, the combination of updated residential rentals and a dedicated business unit offers operational flexibility within a single property footprint. The seller indicates the business unit can accommodate a long-term lease scenario as well, providing options for those who want to separate residential and commercial operations. Prospective buyers should review the current layouts and finish details during due diligence to confirm fit for their intended use.

Key Highlights

  • 5‑acre property just south of Grand Rapids on Hwy 169 with visibility and ample parking
  • Two updated residential rental units plus a separate unit for a business
  • Recent updates include HVAC, electrical, siding, flooring, paint, and a newer roof

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Auto Repair Shop Electrical Service Storage Facility Kitchen & Bath Showroom Plumbing Service Restaurant Accounting Firm Wine and Liquor Store Hotel & Motel Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Updated rental units plus a separate business unit on 5 acres with highway visibility and ample parking.
Where is this duplex located?
The property is located at 32969 Laplant Road Grand Rapids, MN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 5‑acre property just south of Grand Rapids on Hwy 169 with visibility and ample parking; Two updated residential rental units plus a separate unit for a business; Recent updates include HVAC, electrical, siding, flooring, paint, and a newer roof
Contact an agent
More about this property
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