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Furnished Lakeshore Triplex
New
For Sale
$799,000

19332 N Blackduck Lake Road NE, Hines, MN 56647

Three distinct apartment layouts include in-unit laundry, central air, and outdoor living areas.

Property Size3,848 SF
Price / SF$207.64
Days on Market5

Property Features for 19332 N Blackduck Lake Road NE

General Information

Standard status Active
Size 3,848 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/1.5BA, 1 x 1BR/1BA
Multifamily Units 3

Additional Details

Furnished Yes

Amenities

shoreline
off-street parking
patio
deck
central air
washer and dryer in each unit
maintenance room

Building Details

Year Built 2017
Buildings 1
Listing Agency: Pemberton Re
Listed By: Michael Bartus
Source: Hometwincities
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 9 at 8:09PM

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 Pemberton Re

Investment Insights

Based on property information with market context.

Built in 2017, this furnished triplex contains 3,848 square feet across three units: a 3-bedroom, 2-bath residence, a 2-bedroom, 1.5-bath residence, and a 1-bedroom, 1-bath residence. Each unit has its own washer and dryer, and central air serves the property. A maintenance room and energy-efficient ICF foundation are also part of the building.

The property sits on Blackduck Lake with 125 feet of shoreline. Outdoor features include a patio and deck, with off-street parking available.

Key Highlights

  • Three units: 3‑bedroom/2‑bath, 2‑bedroom/1.5‑bath, and 1‑bedroom/1‑bath
  • 3,848 square feet; built in 2017
  • 125 feet of Blackduck Lake shoreline

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Travel Agency Restaurant Bed & Breakfast Hotel & Motel

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 56647, MN

744
Population
463
Households
1.6
Avg Household Size
51
Median Age
22%
College-Educated
92%
High-School Grad
78.0 sq mi
ZIP Area
10
Density / Sq Mi
$65,781
Median Household Income
$33,958
Median Earnings
$883
Median Rent
$215,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - Three distinct apartment layouts include in-unit laundry, central air, and outdoor living areas.
Where is this triplex located?
The property is located at 19332 N Blackduck Lake Road NE Hines, MN.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Three units: 3‑bedroom/2‑bath, 2‑bedroom/1.5‑bath, and 1‑bedroom/1‑bath; 3,848 square feet; built in 2017; 125 feet of Blackduck Lake shoreline
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