1. Minnesota
  2. Underwood
  3. 108 Cleveland Avenue W
$275,000

108 Cleveland Avenue W, Underwood, MN 56586

  • 3,456 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1976
  • Property Lot Size Icon0.52acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $80/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Listing Office:
Trilogy Real Estate : 701-261-0279
MLS ID:
6713002
  • Basement: Daylight/Lookout Windows
  • Heating: Baseboard

This listing courtesy of Trilogy Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

U

Underwood Elementary School

100 Southern Ave E, Underwood, MN, 56586

Grades PK-6

0.13 miles away

U

Underwood Secondary School

100 Southern Ave E, Underwood, MN, 56586

Grades 5-12

0.13 miles away

U

Underwood Alp

100 Southern Ave E, Underwood, MN, 56586

Grades 9-12

0.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.