LKV Realty
Logo
$320,000
$1,650Reward *
345 2nd Avenue SW, Milaca, MN 56353Listing ID 7118423

345 2nd Avenue SW, Milaca, MN 56353

Active
Fifth Add To Milaca
Time on site: 13 daysLast updated: Jul 30, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex Up and Down
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
2
Square Feet
Square Feet
2,268
Days on Site
Days on Site
11
Heating
Heating
Baseboard, Boiler, Hot Water, Radiator, Radiant
Year Built
Year Built
1920
Garages
Garages
3
Parking
Parking
Detached Garage, Asphalt, Garage Door Opener

Welcome to this income-producing duplex in Milaca, MN- offering a great opportunity for both investors and owner-occupants. This up/down duplex features a 3-bedroom main-level unit and a 2-bedroom upper unit. With the upper lease in place through 2026 and the lower unit lease in place through mid June 2027, providing immediate and stable income. Recent updates in both units include painted cabinets, updated fixtures, and new lighting. Main level unit has access to laundry with a new washer/dryer. See supplements for more updates/details. Roof replaced in 2022. The property also features separately metered utilities and a detached 3-stall garage with a separate electric meter (2024), offering added income potential or flexibility for owner use. Tenants pay for gas, electricity, lawn care, and snow removal, which helps keep operating expenses low. This is a great fit for those seeking a reliable investment, a house-hack opportunity, or a multi-family property.

Property Information

Property Details

Location

Address
345 2nd Avenue SW
County
Mille Lacs
City
Milaca
Zip Code
56353
Subdivision
Fifth Add To Milaca
School District
Milaca

Interior Features

Beds and Baths

Bedrooms
5

Building

Building Information

Square Feet
2,268
Year Built
1920
Construction
Block, Concrete, Frame
Foundation
None
Roof
Age 8 Years or Less, Asphalt

Property Taxes

Tax Annual Amount
$3,434
Tax Year
2026
RE/MAX Advantage Plus, (320) 264-9241

Market Report for 56353

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Northstar MLS
Northstar MLS logo

Based on information submitted to the MLS GRID as of 11 Aug 2026, 09:39 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

NST502048270