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Duplex with Detached Garage
For Sale
$239,900

400 Riverside Ave, Park Rapids, MN 56470

Two rental units offer separate entrances, private outdoor space, and dedicated detached garage access.

Property Size2,888 SF
Price / SF$83.07
Days on Market19

Property Features for 400 Riverside Ave

General Information

Standard status Active
Size 2,888 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,276
Listing Agency: Keller Williams Realty Professionals
Listed By: Justin G Clack
Source: Exprealty
Added: Jul 27 Changed: Aug 14 Last Checked: Aug 14 at 4:26AM

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 Keller Williams Realty Professionals

Investment Insights

Based on property information with market context.

This 2,888-square-foot duplex contains two generously sized rental units, each arranged with its own entrance. The property also includes a detached garage serving the occupants, adding dedicated storage or parking space outside the main building.

The upper residence features a rear deck with views toward the river and hydro dam. Located at 400 Riverside Ave in Park Rapids, Minnesota, the property combines a two-unit layout with outdoor amenities and separate access for each household.

Key Highlights

  • 2,888‑square‑foot duplex with 2 rental units
  • Separate entrances for both units
  • Detached garage with use designated for each tenant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Locksmith Carpet & Flooring Store Catering Service

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

811
Businesses Nearby

Demographics for 56470, MN

10,668
Population
7,478
Households
1.4
Avg Household Size
47
Median Age
30%
College-Educated
94%
High-School Grad
382.5 sq mi
ZIP Area
28
Density / Sq Mi
$68,351
Median Household Income
$37,044
Median Earnings
$929
Median Rent
$260,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two rental units offer separate entrances, private outdoor space, and dedicated detached garage access.
Where is this duplex located?
The property is located at 400 Riverside Ave Park Rapids, 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: 2,888‑square‑foot duplex with 2 rental units; Separate entrances for both units; Detached garage with use designated for each tenant
More about this property
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