Three-Unit Residential Income
For Sale
$429,900
520 W State St, Belle Plaine, MN 56011
Triplex with private laundry and dedicated outdoor areas for every residence.
Property Size3,600 SF
Price / SF$119.42
Days on Market9
Property Features for 520 W State St
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 4BR/2BA, 2 x 1BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,786
Listing Agency:
RE/MAX Experience
(952) 467-3598
Listed By:
Jeremy Schmitz
(952) 215-9319
Source:
Exprealty
Added: Aug 31
Changed: Sep 8
Last Checked: Sep 7 at 1:40PM
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 RE/MAX Experience
Investment Insights
Based on property information with market context.
This 3,600-square-foot triplex contains three separate residences with a practical mix of layouts. The upper home includes four bedrooms, two bathrooms, a kitchen, living room, laundry room, and two private decks. Each lower-level residence provides one bedroom, a full kitchen, bathroom, living room, in-unit laundry, and a private backyard patio.
The property is located at 520 W State St in Belle Plaine, near downtown, schools, parks, shopping, dining, and other community amenities. Separate living spaces and private outdoor areas create a clearly divided configuration for occupants, while the existing rental history adds operating context for prospective ownership.
The property is located at 520 W State St in Belle Plaine, near downtown, schools, parks, shopping, dining, and other community amenities. Separate living spaces and private outdoor areas create a clearly divided configuration for occupants, while the existing rental history adds operating context for prospective ownership.
Key Highlights
- Three separate rental units in one 3,600‑square‑foot triplex
- Upper residence includes 4 bedrooms and 2 bathrooms
- Two lower‑level units each include 1 bedroom and in‑unit laundry
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Explore this area
Business Placement
Demographics for 56011, MN
9,538
Population
3,546
Households
2.7
Avg Household Size
37
Median Age
28%
College-Educated
92%
High-School Grad
102.3 sq mi
ZIP Area
93
Density / Sq Mi
$99,628
Median Household Income
$51,817
Median Earnings
$1,356
Median Rent
$296,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex with private laundry and dedicated outdoor areas for every residence.
Where is this triplex located?
The property is located at 520 W State St Belle Plaine, MN.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Three separate rental units in one 3,600‑square‑foot triplex; Upper residence includes 4 bedrooms and 2 bathrooms; Two lower‑level units each include 1 bedroom and in‑unit laundry
