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345 2nd Avenue Sw, 
Milaca, MN 56353

$320,000


5

Beds


2

Baths


2,076

Sq Ft


Multi-Family

Active

Listed by

Samantha Severson

RE/MAX Advantage Plus

320-264-9241

Last updated:

September 13, 2026, 12:19 PM

MLS#

7118423

Source:

NSMLS

About This Home

345 2nd Avenue Sw

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.

Home Facts

Multi-Family

2 Baths

5 Bedrooms

Built in 1920

Subdivision & Development:

Fifth Add To Milaca

Price Summary

320,000

$154 per Sq. Ft.

MLS #:

7118423

Last Updated:

September 13, 2026, 12:19 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

2,076 Sq. Ft.


Structure

Structure

Building Area:

2,268 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

18,033


Finances & Disclosures

Finances

Price:

$320,000

Price per Sq. Ft:

$154 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is 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.

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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.