Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
5 Beds
2 Baths
2,076 sqft

$320,000

345 2nd Avenue SW, Milaca MN, 56353

Price per sqft$154.14
Built in1920
Property size2,076 sqft
Property typeMulti-family
Courtesy of RE/MAX Advantage Plus, Samantha Severson Listing Contact:

Overview

Active

Listed Jul 29, 2026

Updated Jul 31

Welcome to this income-producing duplex in Milaca, MN- offering a great opportunity for both investors and owner-occupants. This up/down duplex features a 3-bedroom main-level unit and a 2-bedroom upper unit. With the upper lease in place through 2026 and the lower unit lease in place through mid June 2027, providing immediate and stable income. Recent updates in both units include painted cabinets, updated fixtures, and new lighting. Main level unit has access to laundry with a new washer/dryer. See supplements for more updates/details. Roof replaced in 2022. The property also features separately metered utilities and a detached 3-stall garage with a separate electric meter (2024), offering added income potential or flexibility for owner use. Tenants pay for gas, electricity, lawn care, and snow removal, which helps keep operating expenses low. This is a great fit for those seeking a reliable investment, a house-hack opportunity, or a multi-family property.

$2,129/mo

Est. mortgage payment based on a $320,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7118423

Interior Features

Bedrooms
5
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.41 Acres

Other Property Details

Taxes
$3,434
Tax Frequency
Annually
Maintenance Expense
$175
Garage
Yes
MLS provider logo

Listings courtesy of Northstar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Pederson Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:38 AM UTC on 7/31/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2026 Northstar MLS . All rights reserved.

DMCA Notice

Powered by Luxury Presence