400 S Main Street, Pine Island, MN 55963

$275,000
7
BD
2
BA
2,182
SqFt

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List Price
$275,000
MLS#
7113128
Status
ACTIVE
Type
Multifamily
Style
(MF) Duplex Up and Down
Bedrooms
7
Bathrooms
2
Living Area
2,182
Acres
8276
Subdivision
Auditors
Year Built
1900

Property Description

The property is an up/down duplex located just south of downtown Pine Island, providing convenient access to Main Street and local amenities. Two- to four-unit opportunities remain limited in southeast Minnesota, and this duplex has demonstrated a strong rental history with minimal vacancy over the past 15 years under current ownership. The main-floor unit offers four bedrooms along with a remodeled kitchen, updated LVP flooring, new appliances, and a new furnace, while the upper unit includes three bedrooms. Both units feature in-unit laundry. Exterior elements include a detached one-car garage, a large covered front porch, and a rear concrete patio. The combination of unit size, recent updates, and long-term rental performance makes this property a practical option for both investors and owner-occupants seeking additional income potential.

Additional Information

School District
Pine Island
Tax Year
2026
Fuel
Natural Gas
Sewer
City Sewer/Connected, City Sewer - In Street
Heating
Forced Air
Water
City Water/Connected, City Water - In Street
Basement
Partial, Sump Pump, Unfinished
Parking
Detached Garage, Gravel
Garage Spaces
1

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Listing courtesy of RE/MAX Results.

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