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Updated Licensed Duplex
For Sale
$176,750

226 3rd Ave Ne, Saint Cloud, MN 56304

Two-level income property with separate meters, private laundry, and dedicated parking improvements.

Property Size1,500 SF
Price / SF$117.83
Days on Market17

Property Features for 226 3rd Ave Ne

General Information

Standard status Active
Size 1,500 SF
Property subtype Residential Income

Units

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

Taxes and HOA fees

Annual Taxes $3,364

Amenities

in-unit laundry
Listing Agency: Premier Real Estate Services
Listed By: Jeremy J. Forsell
Source: Exprealty
Added: Sep 10 Changed: Sep 24 Last Checked: Sep 26 at 7:13AM

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 Premier Real Estate Services

Investment Insights

Based on property information with market context.

Located at 226 3rd Ave NE in Saint Cloud, this updated licensed duplex provides 1,500 square feet across two residential levels. Each level contains 2 bedrooms and 1 full bathroom, creating a consistent layout for both units.

Separate utility meters support independent operation, while the main level includes in-unit laundry. Interior and exterior painting has been completed, and the main level has updated vinyl plank flooring. Parking improvements include a 2-stall detached garage and an 18’ x 24’ concrete parking slab. The configuration supports owner occupancy of one level while the other remains available for rental use.

Key Highlights

  • Licensed duplex with 1,500 square feet
  • Two levels, each with 2 bedrooms and 1 full bathroom
  • Separate utility meters for the units

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Carpet & Flooring Store Bakery Home Appliance Store (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith

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

Location Intelligence

Trade Area within ½ mile

822
Businesses Nearby

Demographics for 56304, MN

17,020
Population
7,538
Households
2.3
Avg Household Size
34
Median Age
25%
College-Educated
87%
High-School Grad
60.7 sq mi
ZIP Area
280
Density / Sq Mi
$54,133
Median Household Income
$36,365
Median Earnings
$926
Median Rent
$230,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 separate meters, private laundry, and dedicated parking improvements.
Where is this duplex located?
The property is located at 226 3rd Ave Ne Saint Cloud, MN.
What is the asking price?
The asking price for this property is $176,750.
What are key features of this property?
This property features: Licensed duplex with 1,500 square feet; Two levels, each with 2 bedrooms and 1 full bathroom; Separate utility meters for the units
More about this property
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