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Renovated Duplex with Separate Utilities

602 3rd Street N Princeton, MN 55371

602 3rd Street N, Princeton, MN, 55371
$299,000
Pending
For Sale
$299,000
Pending

MULTI_FAMILY - Princeton, MN

Property Size2,568 SF
Lot Size0.55 Acres
Days on Market144

Property Features for 602 3rd Street N

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 3, Basement, Bedroom 1, Bedroom 4, Bathroom 3
Exterior features
Vinyl
Standard status
Pending
APN
240400870
Size
2,568 SF
Lot size
0.55 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2312

Utilities

Heating system
Forced Air

Building Details

Year built
1920
Listing Agency Wits Realty
1153 16th Ave SE, Minneapolis, MN
Listed by Andrew C. Weitnauer
Added: Feb 26 Checked: Jul 20 at 8:06 am
MLS# 7024363 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 up-and-down duplex includes two residential units with a renovated interior. The main floor unit features 3 bedrooms and 2 bathrooms, while the second-floor unit has 2 bedrooms and 1 bathroom. The property also has new vinyl siding and forced-air furnace heating. Electricity is set up separately, which can support straightforward tenant billing and utility management. The main floor unit could be divided into two units, offering flexibility for reconfiguration if desired.

The property is located at 602 3rd Street N in Princeton, Minnesota, within Mille Lacs County. With a lot size of 0.546 acres and a total building size of 2,568 square feet, the duplex provides a compact residential income setup in a single improved structure.

For owner-users and investors, the separate electricity service and forced-air systems can simplify operating expenses compared with shared utilities. The unit mix also supports a practical two-tenant arrangement, and the potential to divide the main floor unit provides an additional path to adjust layout and rentability based on your leasing strategy.

Key Highlights

  • Up/down duplex in Princeton with renovated interior
  • Main floor unit offers 3 bedrooms and 2 bathrooms
  • Second‑floor unit offers 2 bedrooms and 1 bathroom

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store Plumbing Service Bakery Garden Center (Bike/Boat/Book/etc) Store Barber Shop Computer & Electronic Repair Skin Care Clinic Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Duplex - Renovated up-and-down duplex offers two units with separate electricity and forced-air heat.
Where is this duplex located?
The property is located at 602 3rd Street N Princeton, MN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Up/down duplex in Princeton with renovated interior; Main floor unit offers 3 bedrooms and 2 bathrooms; Second‑floor unit offers 2 bedrooms and 1 bathroom
Contact an agent
More about this property
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