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Duplex with Detached Garage
New
For Sale
$199,900

708 2nd Street NW, Aitkin, MN 56431

Residential Income, Aitkin, MN

Property Size2,976 SF
Lot Size0.33 Acres
Price / SF$67.17
Days on Market6

Property Features for 708 2nd Street NW

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Single Family
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Basement, Bedroom 1, Bedroom 4, Bathroom 3, Laundry Room, Bedroom 2, Bathroom 1, Bedroom 5, Bathroom 4, Bedroom 3
Parking features Covered, Assigned, Garage - Detached
Patio and Porch features Porch
Lot features Tree Coverage - Light
High school district Aitkin
Directions GPS Recommended: From Stoplight in Aitkin: Follow Hwy 210 to the East and see house on the right (See FOR SALE sign). PELASE DO NOT DISTURB OCCUPANTS
Standard status Active
APN 561077800
Size 2,976 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2550

Utilities

Heating system Forced Air

Building Details

Year built 1930
Roof type Shingle
Listing Agency: RE/MAX Northland · RE/MAX International
Listed By: Jared Lundgren · License #40522198
Added: Sep 17 Changed: Sep 21 Last Checked: Sep 22 at 7:06PM
MLS# 7145539

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex contains 2,976 square feet and offers two distinct living units. The main-level residence includes two bedrooms, one bathroom, a spacious kitchen and living area, plus an enclosed front porch. The upper unit is reached by its own staircase and includes three bedrooms, two bathrooms, a kitchen, and a large living room.

A detached 24 x 24 garage provides two covered stalls, with access from the alley. Additional parking is available along the alley and in the yard. The property sits on 0.33 acres and includes forced-air heating, a shingle roof, and a 1930 construction date. Its Aitkin setting is within walking distance of the high school and downtown, where restaurants, shopping, services, and other local amenities are located.

Key Highlights

  • Two‑unit duplex with 2,976 square feet of building area
  • Main‑level unit has 2 bedrooms, 1 bathroom, enclosed porch, kitchen, and living area
  • Upper unit includes 3 bedrooms, 2 bathrooms, separate stairway access, kitchen, and living room

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Furniture & Home Goods Storage Facility (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

357
Businesses Nearby

Demographics for 56431, MN

8,763
Population
7,113
Households
1.2
Avg Household Size
56
Median Age
21%
College-Educated
95%
High-School Grad
462.8 sq mi
ZIP Area
19
Density / Sq Mi
$64,846
Median Household Income
$36,947
Median Earnings
$883
Median Rent
$264,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 separate residences provide a mix of two- and three-bedroom layouts.
Where is this duplex located?
The property is located at 708 2nd Street NW Aitkin, MN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,976 square feet of building area; Main‑level unit has 2 bedrooms, 1 bathroom, enclosed porch, kitchen, and living area; Upper unit includes 3 bedrooms, 2 bathrooms, separate stairway access, kitchen, and living room
More about this property
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