$625,000

914 1/2 3rd Avenue NEBuffalo, MN 55313

Type: Multi-Family

3 Units

Description

Well-maintained 3-unit townhome investment opportunity in the heart of Buffalo, conveniently located near shopping, dining, parks, healthcare, and everyday amenities. This rare one-level-living, multi-family offering features three thoughtfully designed units, each with 2 bedrooms, 1 bathroom, attached 1-stall garage, and desirable slab-on-grade construction for easy maintenance and accessibility. End units enjoy patios, adding outdoor living appeal for tenants and owners alike. Functional layouts, strong rental appeal, and a highly convenient location make this an excellent opportunity for investors seeking stable income potential in a growing community. A turnkey addition to any investment portfolio.

MLS ID: 7072351

Directions: Hwy 55 W to 3rd Ave NE. Right to 914 on right down long drive past small apartment building. Units are not visible from street

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Property Details

Essential Details

MLS #: 7072351

Listing courtesy of: Edina Realty, Inc.

Price: $625,000

Type: Multi-Family

Contingency: None

Foreclosure: No

Total Units: 3

Annual Gross Income: $45,617

Operating Expense: $30,100

Annual Manager Expense: $700

Annual Fuel Expense: $78

Annual Insurance Expense: $4,085

Annual Maintenance Expense: $2,360

Annual Water/Sewer Expense: $83

Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Heat, Insurance, Trash Collection

Owner Pays: Insurance, Grounds Care, Snow Removal, Taxes

Parking Features: Attached Garage, Asphalt, Garage Door Opener

Garage SqFt: 240

Garage Spaces: 3

Building Details

Owner Occupied: No

Finished SqFt Total: 3,228

Finished Above Grade: 3,228

Fireplace: No

AccessibilityFeatures: Doors 36"+, No Stairs Internal

Roof: Age 8 Years or Less, Asphalt

Heating: Forced Air

Style: Triplex

Foundation Area: 3,228

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Present Use: Yearly

Lot Details

Complex/Dev/Sub Name: Shade Tree Twnhms

Lot Dimensions: Common

Road Frontage: City Street, Paved Streets

School Information

District: Buffalo-Hanover-Montrose

District Number: 877

District Phone: 7636828707

Community Information

County: Wright

Survey Range: 25

Survey Section: 19

Survey Township: 120

Taxes

Tax Year: 2026

Tax Amount: $7,526

Assessment Pending: No

Taxes w/Assessments: $7,526

This listing was last updated by Edina Realty, Inc. on 5/27/2026 at 11:02 am.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 6/16/2026 6:06 pm.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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