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465 3rd Avenue, 
Newport, MN 55055

$399,900


5

Beds


2

Baths


2,075

Sq Ft


Multi-Family

Active

Listed by

Stephanie Jane Checkley

Keller Williams Premier Realty

651-379-1500

Last updated:

March 28, 2026, 12:02 PM

MLS#

7018568

Source:

NSMLS

About This Home

465 3rd Avenue

Almost completely rebuilt in approximately 2002, this up and down duplex blends historic character with extensive modern updates and strong investment appeal. Originally built in 1890 and offering two units with a total of five bedrooms and two bathrooms, the property sits on a spacious 0.32 acre corner lot in a quiet Newport neighborhood near parks and schools. The upper unit features two bedrooms, a full bath, and a large eat in kitchen that opens to comfortable living space, while the lower unit offers three bedrooms or two plus an office, a beautifully tiled three quarter bath, generous living and dining areas, and a large private deck. Both units include their own washer and dryer, central air, and separate furnaces, along with newer refrigerators, stoves, microwaves, and laundry appliances. Major recent improvements include a new roof on the house and garage, new rubber flat roof sections, new siding, and new gutters in 2024, plus all three exterior doors replaced, a new garage service door, a new lower unit deck, and a new upper entry deck in 2025. The upper unit furnace and both air conditioning units have been replaced. Water and hot water are shared and paid by the landlord with a single water heater, while all other utilities are split. A two car detached garage and spacious yard complete this well maintained property, ideal for owner occupants or investors seeking a solid, updated duplex.

Home Facts

Multi-Family

2 Baths

5 Bedrooms

Built in 1890

Price Summary

399,900

$192 per Sq. Ft.

MLS #:

7018568

Last Updated:

March 28, 2026, 12:02 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

2,075 Sq. Ft.


Structure

Structure

Building Area:

2,299 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

13,939


Finances & Disclosures

Finances

Price:

$399,900

Price per Sq. Ft:

$192 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.