$345,000
SOLD JUN 13, 2025
7 Beds
4 Baths
3,537 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$98 Per Sq Ft

4% Below List Price

18 Days on Market

Highlights

  • Deck
  • Hot Water Heating System
  • Community Deck or Porch
  • 1 Car Attached Garage
  • Coin Laundry
  • 2-minute walk to Hester Park

About This Home

As of June 2025

Don't miss this rare chance to own a high-performing, completely remodeled triplex that combines modern efficiency with long-term rental stability. Taken down to the studs and rebuilt approximately five years ago, this property offers exceptional quality, thoughtful updates, and a solid rental income profile.
Fully renovated from the studs out: new roofing, siding, windows, and doors, Updated electrical with upgraded panel, New plumbing, insulation, New boiler and water heater.
Set on a spacious flat lot a offering a large shared second-story deck, this property offers rare outdoor living spaces as well. Central coin-operated laundry for tenant convenience and an extra stream of income.
Four off-street parking spaces plus garage and additional owner storage/shop space
Current Rental Income:
With a total gross rental income of $4,925/month, this property offers a strong return and stable tenancy. The thoughtful updates and low-maintenance systems make this a worry-free investment an ideal option for savvy investors seeking strong cash flow, minimal maintenance. Everything has been done-just step in and start generating returns.
Whether you're looking to expand your rental portfolio or seeking a fully updated, owner
occupant/income-generating property, this tri-plex checks every box.

Last Agent to Sell the Property

Kathryn Hammerseng

Edina Realty, Inc. Listed on: 05/04/2025

Edina Realty, Inc.

Last Buyer's Agent

Ashley Tillemans

Premier Real Estate Services

Premier Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,974

Year Built

  • Built in 1850

Parking

  • 1 Car Attached Garage

Home Design

  • Triplex
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • Hot Water Heating System
  • Boiler Heating System
  • Radiant Heating System

Additional Features

  • Deck
  • Lot Dimensions are 40x169

Listing and Financial Details

  • The owner pays for all utilities, repairs
  • Assessor Parcel Number 82482380000

Community Details

Overview

  • 3 Units
  • Lowrys Add Subdivision

Amenities

  • Community Deck or Porch
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,974

Year Built

Built in 1850

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Coin-op Laundry Owned, Deck
  • Year Built: 1850
  • Above Grade Finished Sq Ft: 2787
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Living Area: 3537
  • Below Grade Finished Sq Ft: 750
  • Owner Pays: All Utilities, Repairs
  • Basement YN: Yes
  • Amenities: Deck
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Fencing: None
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Boiler, Hot Water, Radiant
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric,Natural Gas
  • Number of Ranges: Three

Schools

  • Junior High Dist: St. Cloud
  • SchoolDistrictPhone: 320-253-9333

Lot Info

  • Lot Size: 40x169
  • Land Lease: No
  • Additional Parcels: No
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 3

Rental Info

  • Expenses: 23063.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 82482380000
  • Tax Annual Amount: 2974
  • TaxWithAssessments: 2974.0000

Multi Family

  • ElectricExpense: 2425
  • FuelExpense: 2426
  • Number Of Refrigerators: Three

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2025
Closed on
Jun 13, 2025
Sold by
Bsm Trust
Bought by
Smith Hunter
Seller's Agent
Kathryn Hammerseng
Edina Realty, Inc.
Buyer's Agent
Ashley Tillemans
Premier Real Estate Services
List Price
$360,000
Sold Price
$345,000
Premium/Discount to List
-$15,000
-4.17%
Views
12
Current Estimated Value
$315,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,785
Avg. Annual Appreciation
-15.94%
Original Mortgage
$258,750
Outstanding Balance
$258,079
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$57,136

Purchase Details

Listed on
May 4, 2025
Closed on
Jun 11, 2025
Sold by
Martha Llc
Bought by
Bsm Trust and Guardian Dst Services Wy Llc
Seller's Agent
Kathryn Hammerseng
Edina Realty, Inc.
Buyer's Agent
Ashley Tillemans
Premier Real Estate Services
List Price
$360,000
Sold Price
$345,000
Premium/Discount to List
-$15,000
-4.17%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Outstanding Balance
$258,079
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$57,136

Purchase Details

Closed on
May 14, 2021
Sold by
Droppo Justin and Kohler Brent
Bought by
Martha Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $345,000 --
Deed $345,000 West Title
Quit Claim Deed $500 West Title
Warranty Deed $236,500 Integrity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $258,750 New Conventional
Closed $340,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2025 06/13/25 Sold $345,000 -4.2% $98 / Sq Ft
05/22/2025 05/22/25 Pending -- -- --
05/04/2025 05/04/25 For Sale $360,000 +1345.8% $102 / Sq Ft
03/01/2013 03/01/13 Sold $24,900 0.0% $4 / Sq Ft View Prior Sale
01/24/2013 01/24/13 Pending -- -- --
12/26/2012 12/26/12 For Sale $24,900 -- $4 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,022 $206,200 $30,000 $176,200
2024 $2,974 $183,200 $30,000 $153,200
2023 $2,998 $183,200 $30,000 $153,200
2022 $2,580 $145,500 $30,000 $115,500
2021 $3,318 $145,500 $30,000 $115,500
2020 $3,322 $137,900 $30,000 $107,900
2019 $3,360 $131,800 $30,000 $101,800
2018 $3,280 $122,300 $30,000 $92,300
2017 $3,298 $110,300 $30,000 $80,300
2016 $3,078 $0 $0 $0
2015 $2,942 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6712890

NorthstarMLS

APN: 82.48238.0000