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For sale by owner
  • $265,000

    215 N 3rd St, Brainerd, MN 56401

    5beds
    2,140sqft
    : 
    MultiFamily
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $124/sqft
    $-- HOA

    What's special

    Oversized lot
    Well-maintained duplex currently generating $3,125/month in rental income with tenants already in place. This property offers immediate cash flow for investors and could also be a great opportunity for an owner-occupant to live in one unit while the other produces income. The property sits on an oversized lot that may offer potential for a future lot split or additional building opportunity (buyer to verify with city). Conveniently located near downtown Brainerd and Essentia Health hospital, making it an attractive location for tenants and long-term rental demand. Property Highlights • Duplex with stable tenants in place • Gross rent: $3,125/month ($37,500/year) • Strong rental history • Large lot with possible development potential • Convenient location near downtown and hospital • Turnkey income property • Investor or owner-occupant opportunity Seller Financing Available Flexible terms available for qualified buyers with substantial down payment. Great opportunity for: • Investors seeking strong cash flow • Buyers interested in seller financing • Owner-occupants wanting rental income • Buyers interested in future development potential Owner is currently traveling. Showings will be scheduled for qualified buyers once the owner returns. Serious inquiries only. Message for additional details.
    18 days
    |
    900
    |
    36
    |
    Listed by:

    Property Owner (218) 820-9881

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Appliances
      • Included: Range / Oven, Refrigerator
      Features
      • Flooring: Hardwood, Laminate
      • Basement: Unfinished
      Interior area
      • Total interior livable area: 2,140 sqft

      Property

      Lot
      • Size: 0.33 Acres

      Construction

      Type & style
      • Home type: MultiFamily
      Condition
      • New construction: No
      • Year built: 1910

      Community & HOA

      Location
      • Region: Brainerd

      Financial & listing details

      • Price per square foot: $124/sqft
      • Date on market: 3/12/2026
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,370/mo

        Price history

        Price history
        DateEventPrice
        3/12/2026Listed for sale$265,000$124/sqft
        Source: Owner Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $1,502/mo
        Principal & interest
        $1350
        Property taxes
        $152
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          Climate risks

          Neighborhood: 56401

          Getting around

          67 / 100
          Somewhat Walkable
          74 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 56401

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