Active

$195,000

151 3rd Ave, Foley, MN 56329

3beds

2baths

1,872sqft

Est.:

Duplex Up and Down

Built in 1903

-- sqft lot

$192,000 Zestimate^®

$104/sqft

$-- HOA

What's special

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.

9 days

675

23

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Forced Air

Appliances

Laundry: In Basement

Features

Basement: Concrete,Unfinished

Interior area

Total structure area: 1,872
Total interior livable area: 1,872 sqft
Finished area above ground: 1,465
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Detached Garage
Garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One and One Half

Lot

Size: 3,615.48 Square Feet
Dimensions: 30 x 120

Details

Foundation area: 1
Parcel number: 130012200

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex Up and Down

Materials

Roof: Asphalt

Condition

New construction: No
Year built: 1903

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Town Of Foley

Location

Region: Foley

Financial & listing details

Price per square foot: $104/sqft
Tax assessed value: $118,200
Annual tax amount: $1,704
Date on market: 3/19/2026
Tenant pays: Electricity, Gas, Grounds Care, Snow Removal
Road surface type: Paved

Estimated market value

$192,000

$182,000 - $202,000

$1,539/mo

Price history

Date	Event	Price
3/19/2026	Listed for sale	$195,000+56%$104/sqft
Source: NorthstarMLS as distributed by MLS GRID #7036290 Report a problem
2/13/2023	Sold	$125,000-16.1%$67/sqft
Source: NorthstarMLS as distributed by MLS GRID #6268293 Report a problem
1/16/2023	Pending sale	$149,000$80/sqft
Source: NorthstarMLS as distributed by MLS GRID #6268293 Report a problem
10/6/2022	Listed for sale	$149,000-14.8%$80/sqft
Source: NorthstarMLS as distributed by MLS GRID #6268293 Report a problem
8/1/2022	Listing removed	--
Source: NorthstarMLS as distributed by MLS GRID #6204334 Report a problem
6/29/2022	Price change	$174,900-12.5%$93/sqft
Source: NorthstarMLS as distributed by MLS GRID #6204334 Report a problem
6/13/2022	Price change	$199,900-13%$107/sqft
Source: NorthstarMLS as distributed by MLS GRID #6204334 Report a problem
5/31/2022	Listed for sale	$229,900+165.8%$123/sqft
Source: NorthstarMLS as distributed by MLS GRID #6204334 Report a problem
12/14/2005	Sold	$86,500$46/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,674 +18.6%	$118,200 +0.4%
2024	$1,412 -26.6%	$117,700 +11.5%
2023	$1,924 +2%	$105,600 +10.5%
2022	$1,886 -3.5%	$95,600 +13.4%
2021	$1,954	$84,300 +8.4%
2020	$1,954 +1.9%	$77,800 +0.9%
2019	$1,918 +43.6%	$77,100 +15.1%
2018	$1,336 +9900%	$67,000 +5.5%
2017	$13 -99%	$63,500 +0.6%
2016	$1,354 -5.4%	$63,100 -2.3%
2015	$1,432	$64,600 +16.8%
2014	$1,432	$55,300 -3%
2013	$1,432 +6.7%	$57,000 -10.4%
2012	$1,342 -4.6%	$63,600 -21%
2010	$1,406 -4.6%	$80,500 -4.6%
2009	$1,474 +8.7%	$84,400
2008	$1,356	$84,400