Listing Agency: LPT Realty, LLC i***@yahoo.com Show Phone

Listed By: Loreal Lindstrom Show Phone

Source: Exprealty

Added: Oct 9 Changed: Oct 15 Last Checked: Oct 16 at 11:44AM

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Investment Insights

Based on property information with market context.

This 2,329-square-foot duplex sits on a corner lot and contains two residences, each with a private entrance. The larger unit has three bedrooms and two bathrooms; the other includes two bedrooms and one bathroom. One unit is currently occupied by a tenant.

Key Highlights

• 2,329‑square‑foot duplex on a corner lot
• Two separate residences, each with a private entrance
• Unit mix: one 2‑bedroom, 1‑bath residence and one 3‑bedroom, 2‑bath residence

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Skin Care Clinic Plumbing Service Garden Center (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.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

336

Businesses Nearby

Explore this area Business Placement

Demographics for 55063, MN

9,236

Population

4,998

Households

1.8

Avg Household Size

45

Median Age

18%

College-Educated

93%

High-School Grad

159.2 sq mi

ZIP Area

58

Density / Sq Mi

$74,854

Median Household Income

$45,610

Median Earnings

$763

Median Rent

$239,000

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 independently accessed residences provide distinct bedroom and bathroom configurations.

Where is this duplex located?

The property is located at 705 2nd Ave Sw Pine City, 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: 2,329‑square‑foot duplex on a corner lot; Two separate residences, each with a private entrance; Unit mix: one 2‑bedroom, 1‑bath residence and one 3‑bedroom, 2‑bath residence