Home For Sale near Rum River
Welcome to this income-producing duplex in Milaca, MN- offering a great opportunity for both investors and owner-occupants. This up/down duplex features a 3-bedroom main-level unit and a 2-bedroom upper unit, generating $3,000/month in rental income ($36,000 annually) with leases in place through 2026, providing immediate and stable income. Recent updates in both units include painted cabinets, updated fixtures, and new lighting. See supplements for more updates/details. Roof replaced in 2022. The property also features separately metered utilities and a detached 3-stall garage with a separate electric meter (2024), offering added income potential or flexibility for owner use. Tenants pay for gas, electricity, lawn care, and snow removal, which helps keep operating expenses low. This is a great fit for those seeking a reliable investment, a house-hack opportunity, or a multi-family property.Property Details
- Beds: 5
- Baths: 0.0
- Sq Feet: 2076
- Year Built: 1920
- Location: Rum River
- Acres: 0.414
- County: Mille Lacs County
- Community: Fifth Add To Milaca
- Heat/AC: Baseboard, Hot Water (Heating), Other (Heating), Radiant
- Garage: Driveway, Garage, Garage - Detached
- Siding: Block, Concrete, Frame
- Roof: Asphalt, Shingle
- Property Taxes: $3,434
- MLS #: 7036294
Location
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Contact Information:
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Listing Agent: Samantha Severson, RE/MAX Advantage Plus, 320-262-0483, 952-226-7700 Listing Site, Listing Status: Active
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 7464709 |
| Viewed: | 1 times |
| Added: | Mar 24, 2026 |
| Updated on: | Mar 24, 2026 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
