705 2nd Avenue SW Pine City, MN ^$ 260,000

705 2nd Avenue SW

^$ 260,000

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Recently Listed

705 2nd Avenue SW

Pine City, MN, 55063

^$ 260,000

Bedrooms5 Baths3.0 Sq 2,329

Monthly Estimate*

^$ 1,796

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Multi-Family Home for sale in Pine City, MN

for $260,000 with 5 bedrooms and 3 full baths. This 2,329 square foot home was built in 1895 on a lot size of 0.351.

Fantastic opportunity for homeowners and investors alike! Situated on a corner lot in a desirable Pine City location, this duplex offers two separate living units, each with its own private entrance. One unit features 2 bedrooms and 1 bathroom, while the other offers 3 bedrooms and 2 bathrooms. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or explore multigenerational living, this property offers great flexibility. With one tenant currently in place, there's an opportunity for immediate rental income. Conveniently located near local amenities, this property offers plenty of possibilities!

Multi-Family Active

Price

^$ 260,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,718

Style

Duplex Side by Side

Lot Size

0.351

Year Built

1895

Town/City

Pine City

County/Region

Pine

MLS | Web ID

7131125

Features

General

Living Area 2329

Sewer City Sewer/Connected

Heating Forced Air

Roof Age Over 8 Years Asphalt

Garage Spaces 2

Pool Features None

Year Built 1895

Tenant Pays Cable TV Electricity Fuel Lawn Care Snow Removal Trash Collection

Levels Two

Property Subtype Duplex Side by Side

Tax Year 2026

Gross Income 21000

Accessibility None

County Pine

Operating Expense 8215

Insurance Expense 1617.45

New Construction N

Property Type Residential Income

Association Amenities Porch

Contingency None

MaintenanceExpense 1200

Directions I-35 North to Exit 169 - East to Main Street - North to 2nd Ave - Left 1 Block to property on North West corner.

City Pine City

High School District Pine City

Zoning Description Residential-Multi-Family

Number Of Units Total 2

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 3718

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 1440

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement Daylight/Lookout Windows Full Unfinished

Basement (Y/N) Y

Above Grade Finished Area 2329

Total Bedrooms 5

Below Grade Finished Area 0

Total Baths 3

Fuel Natural Gas

Garage Square Feet 240

Exterior

Parking Features Detached Garage Concrete Shared Driveway Units Vary

Lot Features Corner Lot

Water Source City Water/Connected

Lot Size Area 0.351

Building Area Total 2329

Lot Dimensions 102x150

Waterfront Y/N N

Foundation Area 1344

Road Frontage Type City Street Curbs Paved Streets

Internal Only

Street Number 1 705

* Excluded Features

List By

Lpt Realty, Llc

Broker

loreal@thelindstromteam.com

Affordability Calculator

$2,106

Per Month

Monthly Principal & Interest: $1,796
Monthly Property Taxes: $310
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Pine City, MN

Average List Price ^$261,333

Percent of Sale Price 1%

About Pine City, MN

9,721 Population

14% Since 2002

^$46,674 Median Income

43.21 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708658 Elementary School

708802 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/9/2026	$260,000		Listed Price

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705 2nd Avenue SW, Pine City, MN, 55063 is a Multi-Family Home for sale at $260,000 with 2,329 sqft and a lot size of 0.351. 705 2nd Avenue SW has 5 bedrooms, 3.0 baths, and was built in 1895. The property's zip code is 55063 which is in Pine City, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/15/2026.

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705 2nd Avenue SW

Multi-Family Home for sale in Pine City, MN

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