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$195,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 3 Beds
  • 2 Total Baths
  • 1,465 Sq. Ft.
  • 2 Car Garage
  • Updated 20 hours ago
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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.

Full Property Details for 151 3rd Ave

General

  • Price: $195,000
  • Taxes: $1,704 (2026)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7036290
  • Updated: 3/24/2026
  • Added to Site: 6 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Basement, In Basement

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached Garage

Location

  • County: Benton
  • Township: Foley
  • Subdivision: Town Of Foley
  • Driving Directions: From Hwy. 23, south on 2nd Ave, left on Dewey St, right on 3rd Ave. Property is on the right.

School Information

  • School District: 1872 - Foley
  • High School District: Foley

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Concrete, Unfinished
  • Foundation Size: 1
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 1,465
  • Above Ground: 1,677 Sq. Ft.
  • Below Ground: 195 Sq. Ft.
  • Finished Down/Base.: 1,872 Sq. Ft.
  • Year Built: 1903

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.083
  • Lot Dimensions: 30 x 120
  • Frontage: Paved Streets

Financial Considerations

  • Tax Amount: $1,704
  • Tax Year: 2026
  • Terms: Adj. Rate/Gr Payment, Conventional Rehab, Conventional, VA, FHA, Cash, Rural Development, Special Funding
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas, Lawn Care, Snow Removal
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: SECT-26 TWP-037 RANGE-029 TOWN OF FOLEY LOT-010 BLOCK-003
  • Property ID: 130012200

Listed by RE/MAX Advantage Plus

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Schools serving 151 3rd Ave

School District:Foley Public School District
NameGradesDistance
Foley Elementary School
743 Penn Street, Foley, MN 56329
PK-30.5 mi
Foley Intermediate Elementary School
840 Norman Avenue North, Foley, MN 56329
4-80.6 mi
Foley Senior High School
621 Penn Street, Foley, MN 56329
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 151 3rd Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/19/2026
Listed
$195,000
56%
MLS
2/13/2023
Sold
$125,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 151 3rd Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,674
19%
$118,200
—
2023
$1,412
-27%
$117,700
11%
2023
$1,924
—
$105,600
10%
2022
$1,928
2%
$95,600
13%
2021
$1,886
-3%
$84,300
8%
2020
$1,954
2%
$77,800
16%
2019
$1,918
14654%
$67,000
6%
2017
$13
-99%
$63,500
1%
2017
$1,354
—
$63,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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151 3rd Avenue, Foley, MN 56329 (MLS# 7036290) is a Duplex property with 3 bedrooms and 0 full bathrooms. 151 3rd Avenue is currently listed for $195,000 and was received on March 19, 2026. Want to learn more about 151 3rd Avenue? Do you have questions about finding other Duplex real estate for sale in Foley? You can browse all Foley real estate or contact a Coldwell Banker agent to request more information.

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