Listing
$240,000
705 2n••••• Ave SW (Sign up for 50 free credits to unlock)Pine City, MN 55063
Property Description
Fantastic opportunity for homeowners and investors alike! Situated on a corner lot in a desirable Pine City location, this duplex offers two separate living units, each with its own private entrance. One unit features 2 bedrooms and 1 bathroom, while the other offers 3 bedrooms and 2 bathrooms. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or explore multigenerational living, this property offers great flexibility. With one tenant currently in place, there's an opportunity for immediate rental income. Conveniently located near local amenities, this property offers plenty of possibilities!
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Oct 8, 2026
- Price per Sq Ft
- $103/sqft
- ZIP Code
- 55063
- Full Baths
- 3
- Garage
- 2 spaces
- Parking
- Detached Garage, Driveway Concrete, Driveway Shared, Units Vary
- Heating
- Forced Air
- Property Tax (2026)
- $3,706/yr
- Assessed Value
- $239,300
- Last Sold
- $100,000 · Dec 31, 2016
- County
- Pine
- School District
- Pine City Public School District
Features & Amenities
Bedrooms
- Bedrooms: 5
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Land Info
- Additional Parcels: No
- Lot Description: Corner Lot
- Lot Size Acres: 0.351
- Lot Size Dimensions: 102x150
- Lot Size Square Feet: 15290
Utilities
- Sewer: City Sewer/Connected
- Water Sewer Expense: 1440
- Water Source: City Water/Connected
Other Rooms
- Basement Description: Daylight/Lookout Windows, Full, Unfinished
Rental Info
- Gross Income: 21000
- Tenant Pays: Cable TV, Electricity, Fuel, Lawn, Snow Removal, Trash Collection
Commercial Info
- Operating Expense: 8215
Garage and Parking
- Garage Spaces: 2
- Other Parking: 2
- Parking Features: Detached Garage, Driveway - Concrete, Driveway - Shared, Units Vary
School Information
- High School District: Pine City
Heating and Cooling
- Heating Features: Forced Air
- Heating Fuel: Natural Gas
- Heating: Yes
Other Property Info
- Annual Tax Amount: 3718
- Source Listing Status: Active
- County: Pine
- Directions: I-35 North to Exit 169 - East to Main Street - North to 2nd Ave - Left 1 Block to property on North West corner.
- Tax Year: 2026
- Other Expense: 500
- Insurance Expense: 1617.45
- Owner Pays: Insurance, Lawn, Sewer, Taxes, Water
- Parcel Number: 0425066000
- Postal City: Pine City
- Township: Pine City
- Zoning Description: Residential-Multi-Family
- Property Subtype: (MF) Duplex Side X Side
Homeowners Association
- Association Amenities: Porch
- Maintenance Expense: 1200
Building and Construction
- Total Square Feet Living: 2329
- Year Built: 1895
- Building Exterior Type: Vinyl
- Foundation Area: 1344
- Property Age: 131
- Roof: Age Over 8 Years, Asphalt Shingles
- Total Area Main: 1344
Exterior and Lot Features
- Road Frontage Type: City Street, Curbs, Paved Streets
Location
Lat 45.82787 · Lng -92.97225