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
Somewhat Walkable
Very Limited Transit
BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Cold Wave
- Hail
- Inland Flooding
- Lightning
- Tornado
- Drought
- Wildfire
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Benton County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $884 | $10,608 |
| Home Insurance * | $113 | $1,356 |
| Property Taxes | $205 | $2,460 |
| Electricity | $170 | $2,050 |
| Total | $1,372 | $16,464 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-19 | Listed for sale | $195,000 |
| 2023-02-13 | Sold | $125,000 |
| 2023-01-16 | Pending sale | $149,000 |
| 2022-10-06 | Listed for sale | $149,000 |
| 2022-08-01 | Listing removed | -- |
| 2022-06-29 | Price change | $174,900 |
| 2022-06-13 | Price change | $199,900 |
| 2022-05-31 | Listed for sale | $229,900 |
| 2005-12-14 | Sold | $86,500 |
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