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Two-Unit Duplex with Detached Garage
New
For Sale
$199,900

708 2nd Street NW, Aitkin, MN 56431

Two residences provide separate entrances and distinct bedroom and bathroom layouts.

Property Size2,976 SF
Price / SF$67.17
Days on Market4

Property Features for 708 2nd Street NW

General Information

Standard status Active
Size 2,976 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 2

Building Details

Year Built 1930
Listing Agency: Local Realty Inc
Listed By: Michael Bartus
Source: Hometwincities
Added: Sep 19 Changed: Sep 21 Last Checked: Sep 21 at 6:24AM

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 Local Realty Inc

Investment Insights

Based on property information with market context.

Built in 1930, this 2,976-square-foot duplex contains two separately accessed residences. The main-floor unit includes 2 bedrooms, 1 bathroom, a large kitchen and living area, an enclosed front porch, and rear stairs leading to the basement. The upper-level residence is entered by a private staircase from the alley side and offers 3 bedrooms, 2 bathrooms, a large living room, and a kitchen.

A detached 2-stall garage measures 24 x 24 feet and is reached from the alley. Additional parking is available along the alley and within the yard. The property is located at 708 2nd Street NW in Aitkin, within walking distance of the high school and downtown, where restaurants, shopping, services, and local amenities are nearby.

Key Highlights

  • 2,976‑square‑foot duplex built in 1930
  • Main‑floor unit offers 2 bedrooms and 1 bathroom
  • Upper‑level unit includes 3 bedrooms and 2 bathrooms

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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences provide separate entrances and distinct bedroom and bathroom 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: 2,976‑square‑foot duplex built in 1930; Main‑floor unit offers 2 bedrooms and 1 bathroom; Upper‑level unit includes 3 bedrooms and 2 bathrooms
More about this property
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