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About This Home
This 3-bedroom, 0-bathroom other at 151 3rd Avenue in Foley, MN is listed for $195,000 ($133 per sqft). Built in 1903, the home offers 1,465 sqft of living space on a 0.08 acres lot.
Income-producing up/down duplex in Foley, MN- offering strong cash flow. Excellent opportunity for both investors and owner-occupants seeking rental income and long-term value. This multi-family property features a 2 bed/1 bath main level unit and a 1 bed/1 bath upper unit, generating $2,050/month in rental income with leases in place through Fall 2026.
The upper-level unit has been recently updated (2024–2025) with new flooring, fixtures, and kitchen improvements, while the main-level unit offers additional updates and future value-add potential. See supplements for more details. Includes a detached 2-stall garage and separately metered utilities.
Access to laundry from the main level unit. Tenants pay gas, electric, lawn care, and snow removal, helping keep expenses low. Ideal for investors seeking a cash-flowing rental property or for owner-occupants looking to house-hack and offset their mortgage.
Key Features
- Built in 1903
- 0.08 acre lot
Property Details
Monthly Cost Estimate
$1,043/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
151 3rd Avenue
Foley, MN 56329
Town Of Foley
Features & Amenities
Exterior Features
Property Details
Parking
Heating
Questions & Answers
This 3-bedroom, 0-bathroom other at 151 3rd Avenue is listed at $195,000 ($133/sqft). The estimated monthly payment is $845 based on 20% down at 6.5% interest.
Key features include: Built in 1903, 0.08 acre lot. Exterior Features: Fiber Board.
This property is listed by Samantha Severson and can be reached at 3202620483 or sam@sam-severson.com.