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Two-Unit Duplex Property
For Sale
$205,000

16 Nw 3rd St, Adams, MN 55909

Two residential units provide options for owner occupancy or rental use.

Property Size2,926 SF
Price / SF$70.06
Days on Market146

Property Features for 16 Nw 3rd St

General Information

Standard status Active
Size 2,926 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $6,098
Listing Agency: RE/MAX Advantage Plus
Listed By: Joel Lambert
Source: Exprealty
Added: Mar 28 Changed: Aug 16 Last Checked: Aug 19 at 2:12PM

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 duplex contains two residential units within a 2,926-square-foot property in Adams, Minnesota. Each unit offers a functional floor plan with comfortable living areas, supporting separate residential occupancy within the building.

The property is situated in a small-town setting with access to local amenities. Its two-unit configuration accommodates an owner-occupant arrangement or rental use, subject to the buyer’s intended operation.

Key Highlights

  • 2,926‑square‑foot duplex property
  • Two residential units in one building
  • Each unit includes a functional layout and comfortable living areas

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Electrical Service Auto Parts Store Plumbing Service Grocery & Convenience Store Kitchen & Bath Showroom

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

75
Businesses Nearby

Demographics for 55909, MN

1,325
Population
628
Households
2.1
Avg Household Size
46
Median Age
31%
College-Educated
97%
High-School Grad
52.6 sq mi
ZIP Area
25
Density / Sq Mi
$93,750
Median Household Income
$49,929
Median Earnings
$597
Median Rent
$205,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two residential units provide options for owner occupancy or rental use.
Where is this duplex located?
The property is located at 16 Nw 3rd St Adams, MN.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: 2,926‑square‑foot duplex property; Two residential units in one building; Each unit includes a functional layout and comfortable living areas
More about this property
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