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108 Cleveland Avenue W, 
Underwood, MN 56586

$275,000


Bed


Bath


3,456

Sq Ft


Multi-Family

Active

Listed by

Brian Tjaden

Trilogy Real Estate

701-261-0279

Last updated:

May 2, 2025, 12:05 PM

MLS#

6713002

Source:

NSMLS

About This Home

108 Cleveland Avenue W

This well-maintained investment property offers strong cash flow, minimal upkeep, and a proven rental history. A fantastic opportunity for first-time investors or a valuable addition to any portfolio, the building features four fully occupied 2-bedroom, 1-bath apartments. Each unit includes a dedicated garage, with tenants covering electricity costs—including heat—for added efficiency. Additional amenities include a shared coin-operated laundry and expansive grounds for tenant enjoyment. Ideally situated just one block from an excellent school, this property provides quiet small-town living with easy access to city conveniences. A short drive connects residents to shopping, employment, and entertainment options, making this a highly desirable rental location.

Home Facts

Multi-Family

Built in 1976

Price Summary

275,000

$79 per Sq. Ft.

MLS #:

6713002

Last Updated:

May 2, 2025, 12:05 PM

Added:

4 day(s) ago


Rooms & Interior

Interior

Living Area:

3,456 Sq. Ft.


Structure

Structure

Building Area:

3,456 Sq. Ft.

Year Built:

1976


Lot

Lot Size (Sq. Ft):

22,651


Finances & Disclosures

Finances

Price:

$275,000

Price per Sq. Ft:

$79 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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