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Updated Duplex with Three Electrical Meters
New
For Sale
$239,900

314 7th St Ne, Little Falls, MN 56345

Two leased units feature refinished hardwood floors, vinyl windows, and a remodeled bathroom.

Property Size1,902 SF
Price / SF$126.13
Days on Market7

Property Features for 314 7th St Ne

General Information

Standard status Active
Size 1,902 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $3,284
Listing Agency: Woods to Water Real Estate
Listed By: Isaiah Moengen
Source: Exprealty
Added: Aug 29 Changed: Sep 3 Last Checked: Sep 3 at 2:43AM

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 Woods to Water Real Estate

Investment Insights

Based on property information with market context.

This 1,902-square-foot duplex includes two residential units and three electrical meters. Both tenant leases extend through 2027, providing established occupancy at the property. Recent improvements include refinished hardwood flooring, vinyl windows, a new front door, a security system, and a remodeled bathroom.

Located at 314 7th St NE in Little Falls, Minnesota, the property offers a practical configuration for a residential income owner. The existing electrical service provides separate metering across three meters, while the updated interior features contribute to the building’s current condition.

Key Highlights

  • 1,902‑square‑foot duplex with two residential units
  • Three electrical meters serving the property
  • Both tenant leases extend through 2027

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Bakery Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store

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

371
Businesses Nearby

Demographics for 56345, MN

15,058
Population
6,761
Households
2.2
Avg Household Size
44
Median Age
22%
College-Educated
92%
High-School Grad
258.1 sq mi
ZIP Area
58
Density / Sq Mi
$57,399
Median Household Income
$40,446
Median Earnings
$751
Median Rent
$227,800
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 leased units feature refinished hardwood floors, vinyl windows, and a remodeled bathroom.
Where is this duplex located?
The property is located at 314 7th St Ne Little Falls, MN.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 1,902‑square‑foot duplex with two residential units; Three electrical meters serving the property; Both tenant leases extend through 2027
More about this property
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