Welcome to this income-producing duplex in Milaca, MN- offering a great opportunity for both investors and owner-occupants. This up/down duplex features a 3-bedroom main-level unit and a 2-bedroom upper unit. With the upper lease in place through 2026 and the lower unit lease in place through mid June 2027, providing immediate and stable income. Recent updates in both units include painted cabinets, updated fixtures, and new lighting. Main level unit has access to laundry with a new washer/dryer. See supplements for more updates/details. Roof replaced in 2022. The property also features separately metered utilities and a detached 3-stall garage with a separate electric meter (2024), offering added income potential or flexibility for owner use. Tenants pay for gas, electricity, lawn care, and snow removal, which helps keep operating expenses low. This is a great fit for those seeking a reliable investment, a house-hack opportunity, or a multi-family property.
Active
$320,000
345 2nd Ave SW, Milaca, MN 56353
5beds
2baths
2,076sqft
Duplex Up and Down
Built in 1920
-- sqft lot
$314,800 Zestimate®
$154/sqft
$-- HOA
What's special
Updated fixturesNew lightingPainted cabinets
- 16 days |
- 237 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Samantha Severson 320-262-0483,
RE/MAX Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7118423
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Baseboard, Boiler, Hot Water, Radiator, Radiant
Appliances
- Laundry: None
Features
- Basement: Daylight,Full,Unfinished
Interior area
- Total structure area: 2,268
- Total interior livable area: 2,076 sqft
- Finished area above ground: 2,076
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage, Asphalt, Garage Door Opener
- Garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (7x16)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Porch
Lot
- Size: 0.41 Acres
- Dimensions: 122 x 148
- Features: Corner Lot, Tree Coverage - Medium
- Topography: Level,Sloped
Details
- Foundation area: 1351
- Parcel number: 210460070
- Zoning description: Residential-Multi-Family,Residential-Single Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Block, Concrete, Frame
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers, Fuses, Service - 60 Amp, 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Fifth Add To Milaca
HOA
- Amenities included: None
Location
- Region: Milaca
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $269,600
- Annual tax amount: $3,434
- Date on market: 7/29/2026
- Cumulative days on market: 142 days
- Tenant pays: Electricity, Gas, Grounds Care, Snow Removal
Estimated market value
$314,800
$299,000 - $331,000
$1,540/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Listed for sale | $320,000-5.9%$154/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7118423 Report a problem | ||
| 7/28/2026 | Listing removed | $340,000$164/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7036294 Report a problem | ||
| 5/15/2026 | Price change | $340,000-5.6%$164/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7036294 Report a problem | ||
| 3/24/2026 | Listed for sale | $360,000+60%$173/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7036294 Report a problem | ||
| 10/7/2022 | Sold | $225,000$108/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6254210 Report a problem | ||
| 9/13/2022 | Pending sale | $225,000$108/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6254210 Report a problem | ||
| 8/28/2022 | Listed for sale | $225,000+246.2%$108/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6254210 Report a problem | ||
| 5/20/2011 | Sold | $65,000-7%$31/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1059725 Report a problem | ||
| 4/16/2011 | Price change | $69,900-12.5%$34/sqft |
Source: foreclosure.com Report a problem | ||
| 3/11/2011 | Price change | $79,900-51.8%$38/sqft |
Source: foreclosure.com Report a problem | ||
| 3/9/2011 | Listed for sale | -- |
Source: foreclosure.com Report a problem | ||
| 8/24/2010 | Sold | $165,640+10.5%$80/sqft |
Source: Public Record Report a problem | ||
| 5/26/2004 | Sold | $149,900$72/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,146 +3.1% | $269,600 +12% |
| 2024 | $3,050 -1.2% | $240,700 +3.9% |
| 2023 | $3,086 -22.9% | $231,700 -1.7% |
| 2022 | $4,004 -3.1% | $235,600 +24.5% |
| 2021 | $4,130 -2.7% | $189,200 +0.6% |
| 2020 | $4,244 +11.8% | $188,100 +4.3% |
| 2019 | $3,796 +23.7% | $180,400 +11.6% |
| 2018 | $3,068 -0.3% | $161,700 +2.5% |
| 2017 | $3,076 +5% | $157,700 |
| 2016 | $2,930 -11.6% | -- |
| 2015 | $3,316 | -- |
| 2014 | $3,316 | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 56353
Nearby schools
GreatSchools rating
- 5/10Milaca Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 7/10Milaca Secondary High SchoolGrades: 7-12Distance: 0.2 mi
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