Exceptional investment opportunity in the heart of Northfield! Welcome to 316 & 318 6th Street E — a beautifully maintained side-by-side duplex offering strong rental history, long-term stability, and incredible curb appeal in one of Minnesota’s most charming communities. Each spacious unit features 3 bedrooms and 2 bathrooms, providing comfortable layouts that tenants love and rarely want to leave.
This property is truly a cash-flowing gem with excellent lease security already in place. One unit recently signed a brand-new 18-month lease, while the other is secured through January 2027, giving investors immediate peace of mind and reliable income from day one. The property has seen extensive updates and improvements throughout the years, making it not only a smart investment, but an absolutely gorgeous one as well. Pride of ownership shines from every angle.
Located just minutes from downtown Northfield, this duplex places tenants close to everything — local restaurants, coffee shops, parks, schools, shopping, and the vibrant charm that makes Northfield such a desirable place to live. Enjoy proximity to the famous Jesse James Days festivities, riverwalk attractions, and the historic downtown district that draws visitors year-round.
Whether you are looking to expand your portfolio or secure a turnkey investment property with dependable tenants and long-term leases already in place, this is the kind of opportunity investors wait for. Beautifully cared for, ideally located, and already producing strong income — this duplex checks every box.
24-hour notice required for all showings due to tenant occupancy.
75 days
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318
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9
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Zillow last checked:
Listing updated:
Listed by:
Christine Swan651-357-7842,
Avenue Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7064749
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Heating
Forced Air
Appliances
Laundry: Main Level
Features
Basement: Owner Access
Interior area
Total structure area: 2,370
Total interior livable area: 4,740 sqft
Finished area above ground: 2,370
Finished area below ground: 2,370
Property
Parking
Details: Garage Dimensions (0), Garage Door Height (0), Garage Door Width (0)
Accessibility
Accessibility features: None
Features
Levels: Two
Patio & porch: Enclosed
Pool features: None
Fencing: None
Lot
Size: 6,490 Square Feet
Dimensions: 82.5 x 79
Features: Corner Lot
Details
Foundation area: 2370
Parcel number: 2206200081
Zoning description: Residential-Multi-Family
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex Side by Side
Condition
New construction: No
Year built: 1878
Utilities & green energy
Electric: Circuit Breakers
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected
Community & HOA
Community
Subdivision: Original Town
Location
Region: Northfield
Financial & listing details
Price per square foot: $127/sqft
Tax assessed value: $322,100
Annual tax amount: $6,598
Date on market: 5/12/2026
Tenant pays: Electricity, Gas, Heat
Estimated market value
Zestimate®
$586,100
Estimated sales range
$557,000 - $615,000
Rent Zestimate®
$2,001/mo
Price history
Date
Event
Price
5/12/2026
Listed for sale
$599,900+140%$127/sqft
Source: NorthstarMLS as distributed by MLS GRID #7064749Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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