Active

$325,000

For sale

529 2n••••• St SE (Sign up for 50 free credits to unlock)Saint Cloud, MN 56304

6Beds

3Baths

1,945Sq Ft Living

19,950Sq Ft Lot

1943Year Built

Property 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!

Property Facts & Features

Property Type: Multi Family
Status: Active
Listed: Oct 23, 2026
Price per Sq Ft: $167/sqft
ZIP Code: 56304
Full Baths: 3
Garage: 2 spaces
Parking: Detached Garage
Heating: Forced Air
Property Tax (2026): $3,750/yr
Assessed Value: $195,500
Last Sold: $210,000 · Aug 13, 2023
Neighborhood: North East - Wilson Park
County: Benton
School District: St. Cloud Public School District

Features & Amenities

Bedrooms

Bedrooms: 6

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Land Info

Additional Parcels: No
Lot Description: Corner Lot
Lot Size Acres: 0.458
Lot Size Dimensions: 154x130
Topography: Level
Lot Size Square Feet: 19950

Utilities

Electric: Circuit Breakers
Electric Expense: 875
Sewer: City Sewer/Connected
Water Sewer Expense: 525
Water Source: City Water/Connected

Other Rooms

Laundry: In Basement
Basement Description: Egress Windows, Finished (Livable), Full

Rental Info

Gross Income: 37800
Tenant Pays: All Utilities

Commercial Info

Net Operating Income: 31737
Operating Expense: 6063

Garage and Parking

Garage Spaces: 2
Other Parking: 4
Parking Features: Detached Garage
Garage Dimensions: 22x21

School Information

High School District: St. Cloud

Heating and Cooling

Fuel Expense: 820
Heating Features: Forced Air
Heating Fuel: Natural Gas
Heating: Yes

Other Property Info

Annual Tax Amount: 3740
Source Listing Status: Active
County: Benton
Directions: From Hwy 10 fo SW on E St Germain St, then go SE on 4th Ave SE, E on 1st St SE, SE on 5th Ave SE, E on 2nd St SE. Houses at the end on the left.
Tax Year: 2026
Other Expense: 500
Insurance Expense: 2023
Source Neighborhood: Auditors 1916 Sub
Parcel Number: 170013300
Postal City: Saint Cloud
Postal Code Plus 4: 3953
Public Survey Range: 31
Public Survey Section: 36
Public Survey Township: 36
Subdivision: Auditors 1916 Sub
Township: Saint Cloud
Trash Expense: 720
Zoning Description: Residential-Multi-Family
Property Subtype: (MF) Duplex Other

Homeowners Association

Maintenance Expense: 600

Building and Construction

Total Square Feet Living: 1945
Year Built: 1943
Building Exterior Type: Wood
Foundation Area: 1054
Property Age: 83
Roof: Age 8 Years or Less
Total Area Main: 1583

Exterior and Lot Features

Road Frontage Type: City Street
Road Responsibility: Public Maintained Road

Price & Event History

Date	Event	Price	$/Sq Ft
Oct 23, 2026	Listed	$325,000	$167
Mar 8, 2026	Listing removed	-	-
Mar 1, 2026	Listed for rent	$475	$0
Aug 13, 2023	Sold	$210,000	-
Aug 13, 2023	Listing removed	-	-
Aug 10, 2023	Sold	$210,000	$108
Aug 9, 2023	Listed for rent	$1,550	$1
Dec 29, 2020	Sold	$169,900	$91
Mar 30, 2020	Listing removed	-	-
Feb 11, 2020	Listed for rent	$1,250	-
Oct 25, 2019	Listing removed	-	-
Oct 24, 2019	Listing removed	-	-
Sep 24, 2019	Price Changed for rent	$1,195	-
Sep 10, 2019	Listed for rent	$1,250	-
Sep 5, 2019	Listed for rent	$1,250	-
Aug 29, 2019	Sold	$150,000	$70

Property Tax History

Year	Tax	Assessed	Land	Building	Market
2026	$3,750	$195,500	$30,000	$165,500	$195,500
2025	$2,962	$173,900	$30,000	$143,900	$173,900
2023	$2,882	$167,000	$30,000	$137,000	$167,000
2022	$2,478	$134,600	$30,000	$104,600	$134,600
2021	$2,392	$129,600	$30,000	$99,600	$129,600
2020	$2,056	$107,200	$30,000	$77,200	$107,200
2019	$1,960	$98,900	$30,000	$68,900	$98,900
2018	$1,918	$94,900	$30,000	$64,900	$94,900
2017	$1,902	$91,800	$30,000	$61,800	$91,800
2016	$1,852	$91,800	$30,000	$61,800	$91,800
2015	$1,910	$91,800	$30,000	$61,800	$91,800
2014	$1,928	$93,300	$35,000	$58,300	$93,300

Nearby Schools

2/10
Lincoln Elementary School
Public · Elementary · Grades 4-5
0.2 mi
3/10
North Junior High School
Public · Middle · Grades 6-8
2.3 mi
3/10
Apollo Senior High School
Public · High · Grades 9-12
3.1 mi
NR
St. Cloud Christian School
Private · Elementary, Middle, High · Grades K-12
0.6 mi