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Renovated Lakefront Duplex
For Sale
$610,000

27096 Little Floyd Lake Rd, Detroit Lakes, MN 56501

Two updated units share a lakeside paver patio, private boat slips, and access to outdoor recreation on Little Floyd Lake.

Property Size1,248 SF
Price / SF$488.78
Days on Market16

Property Features for 27096 Little Floyd Lake Rd

General Information

Standard status Active
Size 1,248 SF
Property subtype Multi-Family

Units

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

Amenities

boat slip
lakeside paver patio
laundry

Building Details

Year Built 1963
Year Renovated 2017
Buildings 1
Tenancy Single
Listing Agency: The Real Estate Company of Detroit Lakes
Listed By: Christopher Howard Nord
Source: Searchhousesnow
Added: Aug 17 Changed: Aug 30 Last Checked: Aug 31 at 7:06PM

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 The Real Estate Company of Detroit Lakes

Investment Insights

Based on property information with market context.

This duplex at 27096 Little Floyd Lake Rd includes two units with a combined layout of 4 beds, 2 baths, and 2 kitchens. Both units were comprehensively renovated in 2016-2017 with updated wiring, plumbing, insulated septic lines, electrical systems, spray foam insulation, LED fixtures, custom cabinetry, quartz or laminate counters, Energy Star stainless appliances, laundry equipment, and new interior flooring. Steel roofing and siding were added in 2015.

The larger unit has 2 bedrooms, 1 bathroom, a laundry closet, eat-in kitchen, storage bench at the entry, and a spacious living room. The second unit offers 2 beds and 1 bath, along with electric floor heat, quartz finishes, custom tile work, and a gourmet kitchen with stainless appliances and a Cambria-quartz island. The property includes an expansive lakeside paver patio, one dedicated boat slip for each unit, and 2 unassigned parking spaces per unit. Unit 1 operates as a vacation rental, while Unit 2 is owner occupied.

Key Highlights

  • Duplex with 2 units totaling 4 beds, 2 baths, and 2 kitchens
  • Comprehensive unit renovations completed in 2016‑2017
  • Steel roofing and siding installed in 2015

Property Analytics

Current Use

Madsen Grove Resort Hotel & Motel

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store Plumbing Service Auto Parts Store Kitchen & Bath Showroom Bar & Pub

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
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 56501, MN

17,784
Population
10,271
Households
1.7
Avg Household Size
44
Median Age
32%
College-Educated
94%
High-School Grad
186.9 sq mi
ZIP Area
95
Density / Sq Mi
$68,980
Median Household Income
$40,068
Median Earnings
$942
Median Rent
$286,900
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 updated units share a lakeside paver patio, private boat slips, and access to outdoor recreation on Little Floyd Lake.
Where is this duplex located?
The property is located at 27096 Little Floyd Lake Rd Detroit Lakes, MN.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Duplex with 2 units totaling 4 beds, 2 baths, and 2 kitchens; Comprehensive unit renovations completed in 2016‑2017; Steel roofing and siding installed in 2015
More about this property
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