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  • $599,900

    318 6th St E, Northfield, MN 55057

    6beds
    4baths
    4,740sqft
    : 
    $3,866/mo
    Get pre-qualified
    Duplex Side by Side
    Built in 1878
    -- sqft lot
    $586,100 Zestimate®
    $127/sqft
    $-- HOA

    What's special

    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
    |
    318
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Christine Swan 651-357-7842,

    Avenue Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7064749MLS Logo

      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

        $586,100

        $557,000 - $615,000

        $2,001/mo

        Price history

        DateEventPrice
        5/12/2026Listed for sale$599,900+140%$127/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7064749 Report a problem
        5/6/2026Listing removed$2,300
        Source: Zillow Rentals Report a problem
        3/30/2026Listed for rent$2,300+2.2%
        Source: Zillow Rentals Report a problem
        4/14/2025Listing removed$2,250
        Source: Zillow Rentals Report a problem
        3/25/2025Listed for rent$2,250+40.6%
        Source: Zillow Rentals Report a problem
        4/6/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        4/1/2022Listed for rent$1,600
        Source: Zillow Rental Manager Report a problem
        3/29/2022Sold$250,000$53/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6019070 Report a problem
        3/21/2022Pending sale$250,000$53/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6019070 Report a problem
        2/2/2022Price change$250,000-10.7%$53/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6019070 Report a problem
        1/6/2022Pending sale$280,000$59/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6019070 Report a problem
        11/14/2021Price change$280,000-6.4%$59/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6019070 Report a problem
        10/26/2021Price change$299,000-3.8%$63/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6019070 Report a problem
        10/5/2021Price change$310,900-0.3%$66/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6019070 Report a problem
        8/24/2021Price change$311,900-3.1%$66/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6019070 Report a problem
        8/9/2021Price change$321,900-3%$68/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6019070 Report a problem
        7/15/2021Listed for sale$331,900$70/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6019070 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,598 +14.5%$322,100 +3.2%
        2024$5,764 +4.4%$312,100 +1.4%
        2023$5,522 +16.1%$307,800 +7.9%
        2022$4,758 +8.6%$285,200 +19.9%
        2021$4,382 +6.3%$237,900 +10%
        2020$4,122 $216,200 +8.6%
        2019$4,122 +2.5%$199,100 +3.6%
        2018$4,020 +4.1%$192,200 +6.4%
        2017$3,860 +4.6%$180,600 +1.5%
        2016$3,690 $178,000 +0.7%
        2015$3,690 +0.8%$176,700
        2014$3,662 +13.3%$176,700
        2013$3,232 +7.6%--
        2012$3,004 --
        2011$3,004 +3.2%--
        2010$2,912 -35.8%--
        2009$4,536 +66.2%--
        2008$2,730 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 55057

        Getting around

        81 / 100
        Very Walkable
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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