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$225,000
/mo Edit
Multi-family:  Triplex
3 br • 2 ba • Built 1920
1,238 sqft • 0.15 acres
MLS# 7048357
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    Property Description

    Great small multi-family opportunity. 2 units side by side with space for a 3rd unit in the walk out basement.

    Listing

    Contingency: None
    Price per sq ft: $182
    City: Medford
    County: Steele
    State: MN
    Property Style: Triplex
    Zip Code: 55049
    Subdivision Name: Johnson & Co

    Interior

    Living Area: 1,238 ft2
    Basement Details: Block

    Exterior

    Stories: One
    Garage Spaces: 0
    Foundation Size: 1,238 ft2
    Handicap Accessible: None
    Heating System: Forced Air

    Lot & Land

    Acres: 0.15
    Geolocation: 44.171209, -93.248271
    Lot Dimensions: 50 x 132

    Schools

    School District: 2259
    District Phone: 5074515250

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $240
    Annual Fuel Expense: $420
    Annual Insurance Expense: $2,000
    Annual Maintenance Expense: None
    Annual Trash Expense: $420
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,430
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,430

    Income

    Annual Gross Income: $21,900

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of Bridge Realty, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.