219 3rd Avenue Bovey, MN $ 180,000
219 3rd Avenue
$ 180,000
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219 3rd Avenue

Bovey, MN, 55709
$ 180,000
Bedrooms4 Baths2.0 Sq 1,620

Monthly Estimate*

$ 1,243

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Multi-Family Home for sale in Bovey, MN

for $180,000 with 4 bedrooms and 2 full baths. This 1,620 square foot home was built in 1970 on a lot size of 0.27.

Two units, multiple possibilities, and income potential. Whether you're looking to offset your mortgage or expand your investment portfolio, this Bovey duplex deserves a closer look. The main floor offers a 2 bedroom, 1 bath unit renting for $1,000/month, while the upper level features a 2 bedroom, 0.75 bath unit renting for $950/month, offering a combined $1,950 in monthly rental income. The lower level adds versatility with bonus space featuring a kitchenette and bath with shower. Outside, you'll appreciate the spacious, fenced yard spanning three lots that have been surveyed with property markers. The intentional upgrade of solar installation and new electrical meters in 2025 serve the house and garage for energy efficiency. The garage floor has also been prepped for fresh concrete. Live in one unit while generating income from the other, or rent both and enjoy the benefits of an investment property.

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Multi-Family Active

Price

$ 180,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,443

Style

Duplex Up and Down

Lot Size

0.27

Year Built

1970

Town/City

Bovey

County/Region

Itasca

MLS | Web ID

7163641

Features
General
Living Area 1620
Sewer City Sewer/Connected
Heating Baseboard Forced Air
Roof Asphalt
Garage Spaces 2
Year Built 1970
Tenant Pays Broadband Electricity Fuel
Levels Two
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 23400
Accessibility None
County Itasca
Net Operating Income 20840
Operating Expense 2560
Insurance Expense 1800
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name Bovey
Directions In town.
City Bovey
High School District Greenway
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 1443
Electric Expense 100
Fuel Expense 0
Trash Expense 300
Water Sewer Expense 2160
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Full
Basement (Y/N) Y
Above Grade Finished Area 1620
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 2
Foundation Dimensions 20 x 36
Fuel Electric Natural Gas Solar
Garage Dimensions 27 x 30
Garage Square Feet 840
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Exterior
Fencing Full Other Wire Wood
Parking Features Detached Garage Gravel
Water Source City Water/Connected
Lot Size Area 0.27
Building Area Total 2340
Lot Dimensions 95 x 125
Waterfront Y/N N
Foundation Area 720
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 219
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* Excluded Features
List By
Coldwell Banker Northwoods

Broker

morganhopkins218@gmail.com

Email

Affordability Calculator

$1,363
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,243
Monthly Property Taxes
$120
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
709314 Elementary School
708993 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2026$180,000 Listed Price

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219 3rd Avenue, Bovey, MN, 55709 is a Multi-Family Home for sale at $180,000 with 1,620 sqft and a lot size of 0.27. 219 3rd Avenue has 4 bedrooms, 2.0 baths, and was built in 1970. The property's zip code is 55709 which is in Bovey, MN