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  • $387,800

    23019 Highway 65 NE, East Bethel, MN 55005

    5beds
    3baths
    2,376sqft
    Triplex
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $163/sqft
    $3,144 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,144/mo

    Zestimate® history
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    What's special

    Welcome to 23019 MN-65, a well-maintained triplex offering incredible income potential and room to grow your investment portfolio. Nestled on a spacious .78-acre lot, this property features two upper units with 2 bedrooms and 1 bath each, plus a lower 1-bedroom, 1-bath unit—perfect for long-term tenants or owner-occupants seeking supplemental rental income. Each upper unit includes its own unfinished basement, ideal for added storage or potential future expansion. The home sits back from the road surrounded by mature trees, offering a private country feel while still being conveniently located near city amenities, parks, and commuter routes. With long-term tenants in place and under-market rents, this property presents instant equity and immediate cash flow potential. Investors can take advantage of the solid rental history while exploring opportunities to increase rents to market value over time. Outside, you’ll find ample parking, a storage shed, and a peaceful setting that tenants love to call home. Whether you’re expanding your rental portfolio or getting started with your first multi-unit investment, this East Bethel triplex delivers stability, value, and opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicole Goltz 763-528-0953,

    Realty ONE Group Choice

    Bought with:

    Dustin Marmon

    LPT Realty, LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6802858MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced Air
    Appliances
    • Laundry: Gas Dryer Hookup, In Unit, Washer Hookup
    Features
    • Basement: Egress Window(s),Finished,Full,Single Tenant Access
    Interior area
    • Total structure area: 2,376
    • Total interior livable area: 2,376 sqft
    • Finished area above ground: 1,519
    • Finished area below ground: 857

    Property

    Parking
    • Parking features: Gravel
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Patio & porch: Patio
    Lot
    • Size: 0.78 Acres
    • Dimensions: 110 x 522.75 x 400 x 110
    • Features: Irregular Lot, Tree Coverage - Medium
    Details
    • Foundation area: 1519
    • Parcel number: 323423430005
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Roof: Age 8 Years or Less,Asphalt
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Electric: Power Company: Connexus Energy
    • Gas: Natural Gas
    • Sewer: Septic System Compliant - Yes, Tank with Drainage Field
    • Water: Well

    Community & HOA

    Location
    • Region: East Bethel

    Financial & listing details

    • Price per square foot: $163/sqft
    • Tax assessed value: $299,800
    • Annual tax amount: $2,886
    • Date on market: 10/10/2025
    • Cumulative days on market: 31 days

    Price history

    DateEventPrice
    12/1/2025Sold$387,800-1.8%$163/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6802858 Report a problem
    11/16/2025Pending sale$394,900$166/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6802858 Report a problem
    10/16/2025Listed for sale$394,900+531.8%$166/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6802858 Report a problem
    9/22/1992Sold$62,500$26/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,934 +5.1%$299,800 +10.3%
    2024$2,792 -0.6%$271,700 +2%
    2023$2,808 +5.7%$266,400 -3.1%
    2022$2,657 $275,000 +22.1%
    2021-- $225,200 +19.7%
    2019$429 -83%$188,200 +9.9%
    2018$2,521 +5.6%$171,300 +9.3%
    2017$2,386 -1.3%$156,700 +9.5%
    2016$2,418 -0.5%$143,100
    2015$2,430 +2.2%$143,100 +14.7%
    2014$2,377 +5.7%$124,800
    2013$2,249 +3%--
    2012$2,185 -5.6%--
    2011$2,313 -8.6%--
    2010$2,532 -0.1%--
    2008$2,534 +10.7%--
    2007$2,290 +12.5%--
    2006$2,036 +24.8%--
    2005$1,631 +8.9%--
    2004$1,498 +3.7%--
    2003$1,444 -8.7%--
    2002$1,582 -2.9%--
    2001$1,628 --
    Find assessor info on the county website

    Neighborhood: 55005

    Nearby schools

    GreatSchools rating
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