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151 3rd Avenue, 
Foley, MN 56329

$195,000

3

Beds

2

Baths

1,872

Sq Ft

Multi-Family

Active

Listed by

Samantha Severson

RE/MAX Advantage Plus

320-264-9241

Last updated:

April 21, 2026, 05:55 PM

MLS#

7036290

Source:

ND FMAAR

About This Home

151 3rd Avenue

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.

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 1903

Price Summary

195,000

$104 per Sq. Ft.

MLS #:

7036290

Last Updated:

April 21, 2026, 05:55 PM

Added:

a month ago

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

1,872 Sq. Ft.

Structure

Structure

Building Area:

1,872 Sq. Ft.

Year Built:

1903

Lot

Lot Size (Sq. Ft):

3,484

Finances & Disclosures

Finances

Price:

$195,000

Price per Sq. Ft:

$104 per Sq. Ft.

Source:ND FMAAR
The information being provided by Fargo-Moorhead Area Association Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Fargo-Moorhead Area Association Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.