345 2nd Ave SW Milaca, MN 56353
Milaca AreaEstimated payment $2,041/month
Highlights
- Corner Lot
- Porch
- Baseboard Heating
- 3 Car Detached Garage
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,434
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 122x148
- Corner Lot
- Few Trees
Parking
- 3 Car Detached Garage
- Garage Door Opener
Home Design
- Duplex
- Frame Construction
- Fiberglass Siding
- Block Exterior
Interior Spaces
- 2,076 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Outdoor Features
- Porch
Utilities
- Radiator
- Baseboard Heating
- Hot Water Heating System
- Boiler Heating System
- Radiant Heating System
- 100 Amp Service
- 60 Amp Service
Community Details
- 2 Units
- Fifth Add To Milaca Subdivision
Listing and Financial Details
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 210460070
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,434 | $269,600 | $32,000 | $237,600 |
| 2024 | $3,050 | $240,700 | $28,000 | $212,700 |
| 2023 | $3,086 | $231,700 | $28,000 | $203,700 |
| 2022 | $4,004 | $235,600 | $28,000 | $207,600 |
| 2021 | $4,130 | $189,200 | $28,000 | $161,200 |
| 2020 | $4,244 | $188,100 | $26,300 | $161,800 |
| 2019 | $3,796 | $180,400 | $26,300 | $154,100 |
| 2018 | $3,068 | $161,700 | $26,300 | $135,400 |
| 2017 | $3,076 | $157,700 | $25,400 | $132,300 |
| 2016 | $2,930 | $0 | $0 | $0 |
| 2015 | $3,316 | $0 | $0 | $0 |
| 2014 | $3,316 | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2026 07/29/26 | For Sale | $320,000 | -- | $154 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $225,000 | Home Security Abstract & Title | |
| Limited Warranty Deed | -- | Home Equity Abstract & Title | |
| Sheriffs Deed | $165,640 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $30,000 | Credit Line Revolving | |
| Open | $180,000 | New Conventional | |
| Previous Owner | $52,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $160,000 | New Conventional |
Source: NorthstarMLS
MLS Number: 7118423
APN: 21-046-0070
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Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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