About This Home

This 6-bedroom, 3-bathroom multi-family at 529 2nd Street SE in Saint Cloud, MN is listed for $325,000 ($167 per sqft). Built in 1943, the home offers 1,945 sqft of living space on a 0.46 acres lot.

Key Features

  • Built in 1943
  • 0.46 acre lot

Property Details

3 full
2-car garage
1943
Listing Description

RARE INVESTMENT OPPORTUNITY - TWO HOMES ON ONE PARCEL! Discover the potential of this unique investment property located at 529 2nd Street SE in St. Cloud! Featuring two separate residences on one parcel, this property offers an excellent opportunity for investors looking to expand their rental portfolio, generate multiple income streams, or explore flexible living arrangements.

The larger home features 4 bedrooms and 2 bathrooms, while the second residence offers 2 bedrooms and 1 bathroom. Both homes are currently vacant, allowing new ownership the flexibility to select tenants, establish rental terms, and begin generating income without existing lease obligations.

Recent improvements include a new egress window, several additional replacement windows, multiple new doors, a new garage door, and new carpeting in the bedroom and living room. A radon mitigation system is also in place. With a combined historical rental income of $3,150 per month ($37,800 annually), this property offers attractive income potential at a listing price of $325,000.

Conveniently located near shopping, dining, and other St. Cloud amenities. Two homes, one parcel, and endless possibilities for your next investment!

Monthly Cost Estimate

$1,738/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95

Estimates only. Actual payments may vary.

Location

529 2nd Street SE

Saint Cloud, MN 56304

Auditors 1916 Sub

Property Details

Parking

Garage - Detached

Heating

Forced Air

Questions & Answers

This 6-bedroom, 3-bathroom multi-family at 529 2nd Street SE is listed at $325,000 ($167/sqft). The estimated monthly payment is $1,738 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1943, 0.46 acre lot.

This property is listed by Ona Rawson.

OR

Ona Rawson

Agent at EXP REALTY

Listed by EXP REALTY · Broker phone: (612) 751-9303 · View on Broker Site

MLS# 7164086· Source: Northstar MLS· 4 days on PropertySimple

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.

529 2nd Street SE, Saint Cloud, MN 56304

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