For Sale: Brainerd MLS# 7118278
Active
NEW!
$239,900
Multi-family: Duplex Up and Down
2 br • 2 ba • Built 1900
1,369 sqft • 0.24 acres
Brainerd schools
MLS# 7118278
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Property Description
Excellent investment opportunity in the heart of Brainerd! This well-maintained duplex features two 1-bedroom, 1-bath units, each offering comfortable living spaces with strong rental appeal. The property includes a detached 2-stall garage, off-street parking, and is conveniently located near downtown Brainerd, parks, schools, shopping, and local amenities. Whether you're looking to expand your investment portfolio or owner-occupy one unit while generating rental income from the other, this property offers outstanding potential. Currently listed at $239, 900, this is a great opportunity to own an income-producing property in a desirable Brainerd location. Schedule your showing today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$239,900
Price per sq ft:
$175
Property Type:
Multi-family
City:
Brainerd
Garage Spaces:
2
County:
Crow Wing
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
56401
Subdivision Name:
Second Add Brainerd
Interior
Bedrooms:
2
Bathrooms:
2
Finished Area:
1,369 ft2
Living Area:
1,369 ft2
Basement Details:
Block
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
22x24
Garage Size:
528 ft2
Foundation Size:
645 ft2
Handicap Accessible:
Other
Heating System:
Forced Air
Exterior Material:
Frame
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.24
Geolocation:
46.350831, -94.190582
Lot Dimensions:
75 x 140 x 75 x 140
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Schools
School District:
181
District Phone:
2184546900
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,920
Annual Fuel Expense:
$1,271
Annual Insurance Expense:
$1,489
Annual Maintenance Expense:
None
Annual Trash Expense:
$516
Annual Water/Sewer Expense:
None
Tenant Expenses:
None
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$2,238
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,238
Income
Annual Gross Income:
$25,080
Rent
Annual Net Income:
$17,590
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
- City Sewer - In Street
- City Sewer/Connected
Water System:
- City Water - In Street
- City Water/Connected
Mortgage Calculator
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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.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Woods to Water Real Estate.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.