408 Atlantic Avenue, Waverly, MN 55390

Local realty services provided by:Better Homes and Gardens Real Estate First Choice
408 Atlantic Avenue,Waverly, MN 55390
$225,000
  • - Beds
  • - Baths
  • 1,386 sq. ft.
  • Multi-family
  • Active
Listed by:trent thies
Office:lifecycle real estate services
MLS#:6789412
Source:NSMLS

Price summary

  • Price:$225,000
  • Price per sq. ft.:$162.34

About this home

Duplex in Waverly, MN with strong rental income. The upper unit is on a one-year lease and the lower unit is month-to-month, offering flexibility for an investor or an excellent option for an owner-occupant. The seller also owns the adjacent 6-plex and a mixed-use building featuring one apartment and a commercial space, for a combined total of 10 units next to each other. Preference is to sell all properties together as a package, but each may be sold separately. This is a rare chance to secure multiple income-producing properties in one location with stable tenancy and solid cash flow. Financials are included in the supplements.

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Home facts

  • Year built:1900
  • Listing ID #:6789412
  • Added:5 day(s) ago
  • Updated:October 01, 2025 at 01:43 PM

Rooms and interior

  • Living area:1,386 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1900
  • Building area:1,386 sq. ft.
  • Lot area:0.09 Acres

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$225,000
  • Price per sq. ft.:$162.34
  • Tax amount:$1,598 (2024)
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