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Duplex with Unfinished Lower Level
New
For Sale
$260,000

230 11th St N, Breckenridge, MN 56520

Two occupied apartments have interior updates, and the lower level has preliminary work for a separate unit.

Property Size2,700 SF
Price / SF$96.30
Days on Market2

Property Features for 230 11th St N

General Information

Standard status Active
Size 2,700 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 4BR/2BA, 1 x 1BR/1BA
Multifamily Units 2

Building Details

Year Built 1926
Listing Agency: Whitetail Properties Real Esta
Listed By: The Elm Group brokered by REAL
Source: Realelmgroup
Added: Sep 26 Last Checked: Sep 26 at 3:16PM

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 Whitetail Properties Real Esta

Investment Insights

Based on property information with market context.

Built in 1926, this 2,700-SF duplex has two occupied units: a main apartment with 4 bedrooms, 2 bathrooms and two living areas, plus a 1-bedroom, 1-bath apartment. Both occupied units have received flooring, paint, plumbing, bathroom and heating improvements. The unfinished lower level has framing, sheetrock, insulation, electrical work, plumbing access, an egress window, a bathtub and a built-in electric fireplace; a 2-bedroom, 1-bath layout is planned for the space.

Additional work includes replacement of approximately 90% of the home's copper water lines, window updates, exterior paint, refreshed decks and railings, and landscaping cleanup. The roof and fascia were updated approximately 10 years ago. The property is at 230 11th St N in Breckenridge, Minnesota.

Key Highlights

  • 2,700‑SF duplex built in 1926
  • Main unit has 4 bedrooms, 2 bathrooms and two living areas
  • Second occupied unit has 1 bedroom and 1 bathroom

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Hair Salon HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

292
Businesses Nearby

Demographics for 56520, MN

3,952
Population
1,904
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
125.8 sq mi
ZIP Area
31
Density / Sq Mi
$61,537
Median Household Income
$44,276
Median Earnings
$515
Median Rent
$152,600
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?
Duplex - Two occupied apartments have interior updates, and the lower level has preliminary work for a separate unit.
Where is this duplex located?
The property is located at 230 11th St N Breckenridge, MN.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 2,700‑SF duplex built in 1926; Main unit has 4 bedrooms, 2 bathrooms and two living areas; Second occupied unit has 1 bedroom and 1 bathroom
More about this property
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