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Listed price in listed location currency (USD).
$120,000
$174,900

000

MLS® 6771036

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 2280 sqft
Garage Yes
Taxes $1,940
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $76
MLS® Number 6771036

Property Address: 305 Red River Ave S, Cold Spring, MN, 56320-2521

Average square foot calculated using Size range provided by listing agent.

Description

Duplex Investment Opportunity in the Heart of Cold Spring This corner-lot duplex offers two separate units—both currently leased on a month-to-month basis—making it an ideal opportunity for investors or owner-occupants. Live in one unit and rent out the other to help offset your cost of living, or continue leasing both for steady income. Zoned C-2 and located at a high-visibility intersection, this property also presents excellent potential for a variety of commercial uses. The stucco-sided building welcomes you with a charming front porch and sits on a lot with moderate tree coverage, offering a balance of privacy and visibility. The main-level unit features two bedrooms, a full bathroom, and convenient main-floor laundry. The upper-level unit includes three bedrooms, a full bathroom, and its own laundry area—perfect for rental income, multigenerational living, or flexible space usage. A detached two-stall garage adds valuable storage or workshop potential. Utilities include a natural gas boiler, a 50-gallon electric water heater, and a 100-amp breaker panel. With current property taxes at just $1, 940 annually, this is a smart investment in a growing area. Don’t miss your chance to own a versatile, income-generating property in a prime Cold Spring location.
MLS® Number6771036
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1920
BasementBlock, Full, Storage Space, Unfinished
DrivewayDetached, Asphalt, Concrete
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Price History

Sep 18, 2025End Date
$120,000Sold Price

Sold

Aug 18, 2025List Date
$174,900List Price

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