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345 2nd Avenue SW
Milaca MN 56353 US

$360,000

Active Listing ID 7036294
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5 bed
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Lot: 0.41 Acres
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Other

$360,000

Active Listing ID 7036294
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345 2nd Avenue SW 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, generating $3, 000/month in rental income ($36, 000 annually) with leases in place through 2026, providing immediate and stable income. Recent updates in both units include painted cabinets, updated fixtures, and new lighting. 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.

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Property Features

  • Facts
  • Lot Size: 0.41 Acres
  • Property Type: Other
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Fiber Board
  • Roof Type: Asphalt, Shingle
  • Heating Fuels: Baseboard, Hot Water (Heating), Other (Heating), Radiant

Property

  • propertytype: Other
  • propertysubtype: Other
  • listprice: 360000
  • unparsedaddress: 345 2nd Avenue SW
  • postalcity: Milaca
  • stateorprovince: MN
  • country: US
  • postalcode: 56353
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.414
  • lotsizeunits: Acres
  • lotsizearea: 0.414
  • livingarea: 2076
  • livingareaunits: Square Feet
  • latitude: 45.751334
  • longitude: -93.651758
  • listagentfullname: Samantha Severson
  • listagentemail: sam@sam-severson.com
  • listagentkey: 3yd-RMLSMN-502048270
  • listagentmlsid: 502048270
  • listagentpreferredphone: 3202620483
  • listagentofficephone: 9522267700
  • listofficekey: 3yd-RMLSMN-26306
  • listofficemlsid: 26306
  • disclaimer: 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.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1920
  • listingcontractdate: 2026-03-24
  • listagenturl: https://www.therealestateadvantage.com/
  • countyorparish: Mille Lacs
  • parcelnumber: 210460070
  • constructionmaterials: Block, Concrete, Frame
  • heating: Baseboard, Hot Water (Heating), Other (Heating), Radiant
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway, Garage, Garage - Detached
  • roof: Asphalt, Shingle
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • exteriorfeatures: Fiber Board
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -93.65176, 45.751335
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Advantage Plus", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"sam@sam-severson.com", "ListBrokerageCity":"Savage", "ListBrokerageCountry":"US", "ListBrokerageEmail":"kate.osborn@therealestateadvantage.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/30b31fe199b511dfbad600219b9aa4d8/20231106200953586.png", "ListBrokerageName":"RE/MAX Advantage Plus", "ListBrokeragePhone":"(952) 226-7700", "ListBrokeragePostalCode":"55378", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"13875 Highway 13 South", "ListBrokerageWebsiteUrl":"https://www.therealestateadvantage.com/", "ListOfficeAddress1":"13875 Highway 13 South", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Savage", "ListOfficeCountry":"US", "ListOfficeEmail":"kate.osborn@therealestateadvantage.com", "ListOfficePostalCode":"55378", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family - Milaca, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/345-2nd-Ave-SW_Milaca_MN_56353_M83108-39071?f=listhub&s=RMLSMN&m=7036294&c=rexren", "MLSModificationTimestamp":"2026-03-25T05:06:06Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3434, "TaxDescription":null, "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/25/2026 12:03:09 PM GMT
Source Updated Date: 3/27/2026 7:03:21 PM GMT

Courtesy of: Samantha Severson, RE/MAX Advantage Plus, sam@sam-severson.com

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.