




151 3rd Ave, Foley, MN, 56329
About This Home
Income-producing up/down duplex in Foley, MN- offering strong cash flow. Excellent opportunity for both investors and owner-occupants seeking rental income and long-term value. This multi-family property features a 2 bed/1 bath main level unit and a 1 bed/1 bath upper unit, generating $2,050/month in rental income with leases in place through Fall 2026. The upper-level unit has been recently updated (2024–2025) with new flooring, fixtures, and kitchen improvements, while the main-level unit offers additional updates and future value-add potential. See supplements for more details. Includes a detached 2-stall garage and separately metered utilities. Access to laundry from the main level unit. Tenants pay gas, electric, lawn care, and snow removal, helping keep expenses low. Ideal for investors seeking a cash-flowing rental property or for owner-occupants looking to house-hack and offset their mortgage.
Getting Around
Schools
Construction
Condition
- Year built: 1903
Materials
- Roof: Asphalt
Type & Style
- Home type: MultiFamily
- Property subType: Duplex Up and Down
Interior
Appliances
- Laundry features: In Basement
Basement
- Has basement: Yes
- Basement: Concrete,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
Features
- Finished area below ground: 0
- Finished area above ground: 1,465
Heating
- Heating features: Forced Air
Interior Area
- Total structure area: 1,872
- Total interior livable area: 1,872 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 130012200
- Foundation area: 1
Features
- Levels: One and One Half
Lot
- Lot size: 3,615 sqft
- Lot size dimensions: 30 x 120
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
