Updated Duplex Income Property

424 W Birch Avenue Fergus Falls, MN 56537

Claim this Listing
For Sale
$199,900

MULTI_FAMILY - Fergus Falls, MN

Property size:
1,352 SF
Lot size:
0.19 Acres
Price / SF:
$147/SF
Added:
Jan 15, 2026
Days on Market:
178
Last Refresh:
Jul 12 at 8:06 am

Property Features for 424 W Birch Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Basement, Bedroom 6, Bathroom 1, Bedroom 4
Parking features
Driveway
Exterior features
Vinyl
Standard status
Active
APN
71003990563000
Size
1,352 SF
Lot size
0.19 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2526

Utilities

Heating system
Forced Air

Building Details

Year built
1919
Building materials
Frame
Roof type
Shingle

Listing agent Ryan Hanson License #5609590

Listing office Keller Williams Realty Professionals 226 E Lincoln Ave Suite 200, Brainerd, MN

Listing date Jan 15, 2026

MLS# 7008977 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 well-maintained duplex offers two separate 3-bedroom units designed for residential income use. The main-floor unit includes a 3-season front porch, with laundry located on the lower level. The upper unit also provides 3 bedrooms and includes convenient in-unit laundry hookups.

The property has received updates intended to support long-term durability and low-maintenance exterior performance, including vinyl siding and architectural shingles. The duplex sits on a 0.19-acre lot.

Located in Fergus Falls, Minnesota, this configuration can fit investors seeking a straightforward duplex setup with consistent unit layouts and on-site laundry arrangements. It also may suit owner-occupants who want to live in one unit while renting the other, while benefiting from the noted exterior updates and overall condition.

Key Highlights

  • Duplex built in 1919 with 6 bedrooms total: each unit offers 3 bedrooms
  • Main floor unit includes 3‑season front porch and laundry in the lower level
  • Upper unit includes in‑unit laundry hookups for tenant convenience

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $17.0k $12.60
− Vacancy −$852 −$0.63
EGI $16.2k $11.97
− OpEx −$4.9k −$3.59
NOI $11.3k $8.38
1,352 SF · lease $12.60/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$161.8K
$141.6K – $188.8K (±1% cap)
NOI $11,328 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$149.7K
$131.0K – $174.7K (±1% cap)
NOI $10,482 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$293.7K
$257.0K – $342.7K (±1% cap)
NOI $20,559 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Furniture & Home Goods (Bike/Boat/Book/etc) Store Electrical Service Storage Facility Catering Service Grocery & Convenience Store Home Appliance Store (Bike/Boat/Book/etc) Store Veterinary Clinic Computer & Electronic Repair

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

FAQs

What type of property is this?
Duplex - Well-maintained duplex with two 3-bedroom units, including porch space and laundry facilities, suited for residential income use.
Where is this duplex located?
The property is located at 424 W Birch Avenue Fergus Falls, MN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Duplex built in 1919 with 6 bedrooms total: each unit offers 3 bedrooms; Main floor unit includes 3‑season front porch and laundry in the lower level; Upper unit includes in‑unit laundry hookups for tenant convenience
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message