$195,000
151 3rd Avenue Foley, MN 56329
For Sale MLS# 7036290
3 beds 2 baths 1,465 sq ft Multi-family
Details for 151 3rd Avenue
MLS# 7036290
Description for 151 3rd Avenue, Foley, MN, 56329
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.
Listing Information
Property Type: Multi-family, Duplex Up and Down
Status: Active
Bedrooms: 3
Bathrooms: 2
Lot Size: 0.08 Acres
Square Feet: 1,465 sq ft
Year Built: 1903
Foundation: 1 sq ft
Garage: Yes
Stories: 1.5 Stories
Subdivision: Town Of Foley
Number Of Units Total: 2
County: Benton
Days On Market: 42
Construction Status: Previously Owned
School Information
District: 51 - Foley
Additonal Room Information
Laundry: In Basement
Interior Features
Square Footage above: 1,465 sq ft
Basement: Poured Concrete, Unfinished
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Garage Spaces: 2
Parking Description: Detached Garage, Garage Sq Ft - 400.0
Exterior: Fiber Board
Roof: Asphalt Shingles
Lot Dimensions: 30x120
Additional Exterior/Lot Features: Road Frontage - Paved Streets
Driving Directions
From Hwy. 23, south on 2nd Ave, left on Dewey St, right on 3rd Ave. Property is on the right.
Financial Considerations
Tenant Pays: Electric,Gas,Lawn,Snow
Owner Pays: Sewer,Trash,Water
Gross Income: 24600
Tax/Property ID: 130012200
Tax Amount: 1704
Tax Year: 2026
HomeStead Description: Non-Homesteaded
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 151 3rd Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 151 3rd Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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