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Up/Down Duplex with Garage
For Sale
$175,000

151 3rd Avenue, Foley, MN 56329

Two residential units include separately metered utilities, a detached garage, and shared laundry access from the main level.

Property Size1,872 SF
Days on Market19

Property Features for 151 3rd Avenue

General Information

Standard status Active
Size 1,872 SF
Total Parking Spaces 2
Property subtype Residential Income

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Gross Income $24,600

Taxes and HOA fees

Annual Taxes $1,704

Amenities

laundry

Building Details

Building Size 1,872 SF
Year Built 1903
Stories 2
Units 2
Tenancy Multi
Listing Agency: RE/MAX Advantage Plus
Listed By: Samantha Severson · License #40603177
Source: Ivyrealestategroup
Added: Jul 29 Changed: Aug 15 Last Checked: Aug 16 at 2:41PM

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 RE/MAX Advantage Plus

Investment Insights

Based on property information with market context.

This up/down duplex contains a two-bedroom, one-bath main-level unit and a one-bedroom, one-bath upper unit. The upper apartment received updates during 2024–2025, including new flooring, fixtures, and kitchen improvements. Laundry is accessible from the main-level residence, and the property includes a detached 2-stall garage.

The units are separately metered, with tenants responsible for gas, electric, lawn care, and snow removal. Existing leases extend through Fall 2026. Built in 1903, the property is located in Foley, MN, at 151 3rd Avenue.

Key Highlights

  • Up/down duplex with a 2 bed/1 bath main‑level unit and a 1 bed/1 bath upper unit
  • Upper unit updated during 2024–2025 with new flooring, fixtures, and kitchen improvements
  • Detached 2‑stall garage included

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Storage Facility Kitchen & Bath Showroom Grocery & Convenience Store

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

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

278
Businesses Nearby

Demographics for 56329, MN

7,615
Population
2,939
Households
2.6
Avg Household Size
38
Median Age
19%
College-Educated
92%
High-School Grad
191.9 sq mi
ZIP Area
40
Density / Sq Mi
$89,728
Median Household Income
$46,776
Median Earnings
$1,032
Median Rent
$260,300
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 residential units include separately metered utilities, a detached garage, and shared laundry access from the main level.
Where is this duplex located?
The property is located at 151 3rd Avenue Foley, MN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Up/down duplex with a 2 bed/1 bath main‑level unit and a 1 bed/1 bath upper unit; Upper unit updated during 2024–2025 with new flooring, fixtures, and kitchen improvements; Detached 2‑stall garage included
More about this property
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