405 Lake Boulevard S Buffalo, MN $ 389,900
405 Lake Boulevard S
$ 389,900
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405 Lake Boulevard S

Buffalo, MN, 55313
$ 389,900
Bedrooms4 Baths2.0 Sq 2,256

Monthly Estimate*

$ 2,693

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Multi-Family Home for sale in Buffalo, MN

for $389,900 with 4 bedrooms and 2 full baths. This 2,256 square foot home was built in 1892 on a lot size of 0.268.

This beautifully updated Buffalo duplex offers the perfect blend of charm, functionality and investment opportunity. Whether you’re looking to owner-occupy and offset your mortgage with rental income or add a turnkey property to your portfolio, this one checks all the boxes! The main-level unit features 3 bedrooms, an updated full bath with a relaxing jetted tub, and an inviting open floor plan that makes everyday living and entertaining effortless. The updated kitchen is the heart of the home, featuring a center island and plenty of workspace and storage. Step outside to enjoy the large front porch, complete with a swing, perfect for morning coffee or winding down at the end of the day. The back of the home offers a large, private deck, creating an ideal outdoor retreat. Upstairs, the spacious 2-bedroom unit offers its own beautifully updated kitchen with stainless steel appliances, a tile backsplash and a convenient walk-in pantry. The updated ¾ bath features a stylish tiled shower and tile flooring. Each unit has its own private laundry, adding tremendous convenience for both residents and rental appeal. The upstairs unit also provides access to an unfinished attic space that has already been plumbed for a future second bathroom, offering an exciting opportunity to add additional finished living space and increase the property’s future value and income potential. And then there’s the location! Situated in a desirable Buffalo setting, this property is conveniently located near downtown Buffalo, local shops, restaurants, parks, schools, Buffalo Lake and area amenities, making it an attractive location for both homeowners and tenants. With its combination of updated interiors, separate living spaces, private outdoor areas, individual laundry and future expansion potential, this is the kind of property that makes sense today while offering room to grow tomorrow. Live in one unit, rent the other, or maximize the income potential with two tenants. Beautifully maintained, thoughtfully updated and ideally located—this is an investment opportunity you won’t want to miss!

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Multi-Family Active

Price

$ 389,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,764

Style

Duplex Up and Down

Lot Size

0.268

Year Built

1892

Town/City

Buffalo

County/Region

Wright

MLS | Web ID

7119689

Features
General
Living Area 2256
Sewer City Sewer/Connected
Heating Forced Air
Roof Age 8 Years or Less Asphalt Pitched
Garage Spaces 2
Pool Features None
Construction Materials Block
Year Built 1892
Electric Circuit Breakers 100 Amp Service
Tenant Pays All Utilities Lawn Care Snow Removal
Levels Two
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 32400
Accessibility None
County Wright
Operating Expense 1500
Insurance Expense 2100
New Construction N
Property Type Residential Income
Association Amenities Other
Contingency None
MaintenanceExpense 0
Subdivision Name Sturges Park Add
Directions 55 to south on Central follow to Lake Blvd south to property
City Buffalo
High School District Buffalo-Hanover-Montrose
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 4764
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Virtual Tour https://eliteestatephotos1.hd.pics/405-Lake-Blvd-S/idx
Standard Status Active
Lender Owned No
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Interior
Basement Daylight/Lookout Windows Full Storage Space
Basement (Y/N) Y
Above Grade Finished Area 2256
Laundry Features In Basement In Unit
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 2
Foundation Dimensions getting
Fuel Natural Gas
Garage Dimensions 21x34
Garage Square Feet 714
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Exterior
Fencing None
Parking Features Concrete Shared Driveway Garage Door Opener
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.268
Building Area Total 3783
Lot Dimensions 114x105x51x142x26
Waterfront Y/N N
Foundation Area 1359
Road Frontage Type City Street Paved Streets Sidewalks Street Lights
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 405
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* Excluded Features
List By
Engel & Volkers Prior Lake

Broker

niki.fairbanks@evrealestate.com

Email

Affordability Calculator

$3,090
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,693
Monthly Property Taxes
$397
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1705858 Elementary School
1705862 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$389,900 Listed Price

Map


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405 Lake Boulevard S, Buffalo, MN, 55313 is a Multi-Family Home for sale at $389,900 with 2,256 sqft and a lot size of 0.268. 405 Lake Boulevard S has 4 bedrooms, 2.0 baths, and was built in 1892. The property's zip code is 55313 which is in Buffalo, MN