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408 Atlantic Avenue, 
Waverly, MN 55390

$249,000

2

Beds

2

Baths

1,501

Sq Ft

Multi-Family

Active

Listed by

Trent Thies

Lifecycle Real Estate Services

612-803-7623

Last updated:

April 16, 2026, 11:59 AM

MLS#

7048946

Source:

NSMLS

About This Home

408 Atlantic Avenue

Up / Down duplex in Waverly offering strong rental history and owner-occupant potential. Each unit features a 1 bed, 1 bath unit. New maintenance free siding and windows installed this spring. The lower unit is currently leased at $975/month on a 1-year lease. The upper unit was previously rented for $975/month and is currently vacant, allowing flexibility for an owner-occupant or the ability to place a new tenant at market rent. Great opportunity to own a cash-flowing property with upside in rents and minimal capital improvement needs. Convenient location with easy access to surrounding communities. Financials are included in the supplements.

Home Facts

Multi-Family

2 Baths

2 Bedrooms

Built in 1900

Price Summary

249,000

$165 per Sq. Ft.

MLS #:

7048946

Last Updated:

April 16, 2026, 11:59 AM

Added:

13 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

1,501 Sq. Ft.

Structure

Structure

Building Area:

1,501 Sq. Ft.

Year Built:

1900

Lot

Lot Size (Sq. Ft):

3,833

Finances & Disclosures

Finances

Price:

$249,000

Price per Sq. Ft:

$165 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.