Date
Details
Price
Change
Source
4/09/2026
Listed
$249,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$249,000
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Property Description
Up / Down duplex in Waverly offering strong rental history and owner-occupant potential. Each unit features a 1 bed, 1 bath unit. New maintenance free siding and windows installed this spring. The lower unit is currently leased at $975/month on a 1-year lease. The upper unit was previously rented for $975/month and is currently vacant, allowing flexibility for an owner-occupant or the ability to place a new tenant at market rent. Great opportunity to own a cash-flowing property with upside in rents and minimal capital improvement needs. Convenient location with easy access to surrounding communities. Financials are included in the supplements.
Full Property Details
Full Property Details for 408 Atlantic Ave
General
- Price: $249,000
- Taxes: $1,598 (2024)
- Status: Active
- Type: Duplex
- Source: NorthStarMLS_RMLS
- MLS ID: 7048946
- Updated: 4/9/2026
- Added to Site: 9 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Location
- County: Wright
- Township: Waverly
- Subdivision: Original Waverly
- Driving Directions: Take Atlantic Ave and property will be on the north side.
School Information
- School District: 1212 - Howard Lake-Waverly-Winsted
- High School District: Howard Lake-Waverly-Winsted
Heating & Cooling
- Heating Type: Baseboard
- Heating Fuel: Electric
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Basement: Yes
- Basement Desc.: Crawlspace
- Foundation Size: 754
- Disability Access: None
- Square Feet: 1,501
- Above Ground: 1,501 Sq. Ft.
- Finished Down/Base.: 1,501 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.088
- Lot Dimensions: 2614
- Zoning: Residential-Multi-Family
Financial Considerations
- Operating Expenses: $5,996
- Tax Amount: $1,598
- Tax Year: 2024
- Terms: Conventional, VA, FHA, Cash
- Tenant Pays: Electricity
- Pays Electric: Tenant Pays
Disclosures and Reports
- Legal Description: SECT-33 TWP-119 RANGE-026 ORIGINAL PLAT WAVERLY LOT-007 BLOCK-019
- Property ID: 116010019070
Listed by Lifecycle Real Estate Services
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Schools
Schools serving 408 Atlantic Ave
School District:Howard Lake-Waverly-Winsted
| Name | Grades | Distance |
|---|---|---|
Humphrey Elementary School 803 Elm Avenue, Waverly, MN 55390 | PK-4 | 0.3 mi |
Howard Lake Middle School 8700 County Road 6 Southwest, Howard Lake, MN 55349 | 5-8 | 5.5 mi |
Winsted Elementary School 431 4th Street North, Winsted, MN 55395 | PK-4 | 7.9 mi |
Howard Lake-Waverly-Winsted Sec. 8700 County Road 6 Southwest, Howard Lake, MN 55349 | 9-12 | 5.5 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 408 Atlantic Ave
Estimate the Cost
Estimate the Cost for 408 Atlantic Ave
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408 Atlantic Avenue, Waverly, MN 55390 (MLS# 7048946) is a Duplex property with 2 bedrooms and 0 full bathrooms. 408 Atlantic Avenue is currently listed for $249,000 and was received on April 03, 2026. Want to learn more about 408 Atlantic Avenue? Do you have questions about finding other Duplex real estate for sale in Waverly? You can browse all Waverly real estate or contact a Coldwell Banker agent to request more information.