$387,800
$394,900
1.8%For more information regarding the value of a property, please contact us for a free consultation.
2,376 SqFt
SOLD DATE : 12/01/2025
Key Details
Sold Price $387,800
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,376 sqft
Price per Sqft $163
MLS Listing ID 6802858
Sold Date 12/01/25
Year Built 1960
Annual Tax Amount $2,886
Tax Year 2025
Contingent None
Lot Size 0.780 Acres
Acres 0.78
Lot Dimensions 110 x 522.75 x 400 x 110
Property Sub-Type Triplex
Property Description
Welcome to 23019 MN-65, a well-maintained triplex offering incredible income potential and room to grow your investment portfolio. Nestled on a spacious .78-acre lot, this property features two upper units with 2 bedrooms and 1 bath each, plus a lower 1-bedroom, 1-bath unit—perfect for long-term tenants or owner-occupants seeking supplemental rental income.
Each upper unit includes its own unfinished basement, ideal for added storage or potential future expansion. The home sits back from the road surrounded by mature trees, offering a private country feel while still being conveniently located near city amenities, parks, and commuter routes.
With long-term tenants in place and under-market rents, this property presents instant equity and immediate cash flow potential. Investors can take advantage of the solid rental history while exploring opportunities to increase rents to market value over time.
Outside, you'll find ample parking, a storage shed, and a peaceful setting that tenants love to call home.
Whether you're expanding your rental portfolio or getting started with your first multi-unit investment, this East Bethel triplex delivers stability, value, and opportunity.
Location
State MN
County Anoka
Zoning Residential-Multi-Family
Rooms
Basement Egress Window(s), Finished, Full, Single Tenant Access
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Gravel
Roof Type Age 8 Years or Less,Asphalt
Building
Lot Description Irregular Lot, Many Trees
Story One
Foundation 1519
Sewer Septic System Compliant - Yes, Tank with Drainage Field
Water Well
Level or Stories One
Structure Type Stucco
New Construction false
Schools
School District St. Francis
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