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Remodeled Duplex with Two Units
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116 3rd Avenue, Crosby, MN 56441

Two-level income property with distinct residential layouts and proximity to parks, downtown amenities, and mountain bike trails.

Property SizeContact for details
Days on Market142

Property Features for 116 3rd Avenue

General Information

Standard status Active
Property subtype Industrial
Listing Agency: Coldwell Banker Crown Realtors Crosby
Listed By: Vern Lewis · License #MN
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 29 at 7:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Crown Realtors Crosby

Investment Insights

Based on property information with market context.

Remodeled duplex with two separate residential units arranged across the main and upper levels. The lower unit includes 3 bedrooms, 1.5 baths, hardwood flooring, vaulted ceilings, a skylight, an electric fireplace, living and dining areas, and an in-unit washer and dryer. The upper unit provides 2 bedrooms, 1 full bath, a living room, an eat-in kitchen with granite countertops, and ceiling fans.

The property is located at 116 3rd Avenue in Crosby, Minnesota, near Serpent Lake Park and downtown. Cuyuna Lakes Mountain Bike Trails are accessible by bicycle, placing the duplex within a recreational area with nearby amenities.

Key Highlights

  • Remodeled duplex with a main‑level unit and an upper‑level unit
  • Main‑level unit has 3 bedrooms, 1.5 baths, hardwood floors, vaulted ceilings, and a skylight
  • Upper‑level unit includes 2 bedrooms, 1 full bath, and an eat‑in kitchen with granite countertops

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Grocery & Convenience Store Plumbing Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby

Demographics for 56441, MN

3,439
Population
2,155
Households
1.6
Avg Household Size
49
Median Age
18%
College-Educated
91%
High-School Grad
89.2 sq mi
ZIP Area
39
Density / Sq Mi
$50,705
Median Household Income
$33,955
Median Earnings
$839
Median Rent
$193,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-level income property with distinct residential layouts and proximity to parks, downtown amenities, and mountain bike trails.
Where is this duplex located?
The property is located at 116 3rd Avenue Crosby, MN.
What are key features of this property?
This property features: Remodeled duplex with a main‑level unit and an upper‑level unit; Main‑level unit has 3 bedrooms, 1.5 baths, hardwood floors, vaulted ceilings, and a skylight; Upper‑level unit includes 2 bedrooms, 1 full bath, and an eat‑in kitchen with granite countertops
More about this property
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