529 2nd Street SE
Saint Cloud, MN, 56304 $ 325,000
Bedrooms6 Baths3.0 Sq 1,945 Monthly Estimate*
$ 2,245
for $325,000 with 6 bedrooms and 3 full baths. This 1,945 square foot home was built in 1943 on a lot size of 0.458.
RARE INVESTMENT OPPORTUNITY – TWO HOMES ON ONE PARCEL! Discover the potential of this unique investment property located at 529 2nd Street SE in St. Cloud! Featuring two separate residences on one parcel, this property offers an excellent opportunity for investors looking to expand their rental portfolio, generate multiple income streams, or explore flexible living arrangements. The larger home features 4 bedrooms and 2 bathrooms, while the second residence offers 2 bedrooms and 1 bathroom. Both homes are currently vacant, allowing new ownership the flexibility to select tenants, establish rental terms, and begin generating income without existing lease obligations. Recent improvements include a new egress window, several additional replacement windows, multiple new doors, a new garage door, and new carpeting in the bedroom and living room. A radon mitigation system is also in place. With a combined historical rental income of $3,150 per month ($37,800 annually), this property offers attractive income potential at a listing price of $325,000. Conveniently located near shopping, dining, and other St. Cloud amenities. Two homes, one parcel, and endless possibilities for your next investment!
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FeaturesGeneralLiving Area 1945
Sewer City Sewer/Connected
Heating Forced Air
Roof Age 8 Years or Less
Garage Spaces 2
Year Built 1943
Electric Circuit Breakers
Tenant Pays All Utilities
Topography Level
Levels Two
Property Subtype Duplex Other
Tax Year 2026
Gross Income 37800
Accessibility None
County Benton
Net Operating Income 31737
Operating Expense 6063
Insurance Expense 2023
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 600
Subdivision Name Auditors 1916 Sub
Directions From Hwy 10 fo SW on E St Germain St then go SE on 4th Ave SE E on 1st St SE SE on 5th Ave SE E on 2nd St SE. Houses at the end on the left.
City Saint Cloud
High School District St. Cloud
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 3740
Electric Expense 875
Fuel Expense 820
Trash Expense 720
Water Sewer Expense 525
Additional Parcels Y/N N
Virtual Tour https://app.archi-pix.com/sites/emgdmwao/unbranded
Standard Status Active
Lender Owned No
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InteriorBasement Egress Window(s) Finished Full
Basement (Y/N) Y
Above Grade Finished Area 1583
Laundry Features In Basement
Total Bedrooms 6
Below Grade Finished Area 362
Total Baths 3
Fuel Natural Gas
Garage Dimensions 22x21
Garage Square Feet 462
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ExteriorParking Features Detached Garage
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.458
Building Area Total 1945
Lot Dimensions 154x130
Waterfront Y/N N
Foundation Area 1054
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,245
- Monthly Property Taxes
- $312
- 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.
Learn more about how to save NearbyMulti-family listings in Saint Cloud, MN
Average List Price $233,583
Percent of Sale Price 28%
Trends Information provided by ATTOM Data Solutions.
709352 Elementary School
709222 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/24/2026 | $325,000 | | Listed Price |