Great opportunity to own an investment property in Stillwater, near Pioneer Park and downtown. This property would also work for an owner-occupied duplex. Each unit is spacious with 3 bedrooms, 1 bathroom, a porch a garage stall and storage. There is a shared laundry area in the basement with secure entrances from each apartment. There are separate furnaces for each apartment to control heating and cooling with separate ductwork. The house is historic with tall ceilings, generous rooms, and inviting spaces. The windows have been replaced and the house has been updated. The apartment on the 2nd level is month-to-month with 60 days' notice to the current tenant. The main level tenant has a lease for a year. There is a two-car garage and paved driveway off 5th Street N. The garage provides parking and storage for one car for each apartment. There is a Home Warranty in place through the end of 2025 and is transferable to the new owner. Great location, walking distance to downtown Stillwater, and Pioneer Park is close by. There is a beautiful walking path through the ravine alongside a stream nearby. This property offers great potential for income or could eventually be converted into a single-family home with excellent living spaces.
Active with contingency
$499,900
221 Laurel St W, Stillwater, MN 55082
6beds
2baths
2,878sqft
Est.:
Duplex Up and Down
Built in 1872
-- sqft lot
$494,000 Zestimate®
$174/sqft
$-- HOA
What's special
- 21 days
- on Zillow |
- 2,571 |
- 100 |
Zillow last checked: 7 hours ago
Listing updated: April 19, 2025 at 07:55am
Listed by:
Cheryl J. Larson 651-270-0213,
eXp Realty,
Bryce Larson 651-233-7934
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6688751

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Forced Air
Features
- Basement: Block,Daylight,Full,Shared Access,Storage Space,Unfinished
Interior area
- Total structure area: 2,878
- Total interior livable area: 2,878 sqft
- Finished area above ground: 2,330
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached, Asphalt
- Garage spaces: 2
- Details: Garage Door Height (7), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Covered, Porch, Side Porch
- Fencing: None
Lot
- Size: 7,405.2 Square Feet
- Dimensions: 74 x 100
- Features: Corner Lot, Wooded
- Topography: Level
Details
- Foundation area: 1292
- Parcel number: 2803020240006
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Metal Siding, Frame
- Roof: Asphalt
Condition
- Age of Property: 153
- New construction: No
- Year built: 1872
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Stillwater
HOA
- Amenities included: Laundry
Location
- Region: Stillwater
Financial & listing details
- Price per square foot: $174/sqft
- Tax assessed value: $387,600
- Annual tax amount: $5,633
- Date on market: 4/5/2025
- Tenant pays: Cable TV, Electricity, Fuel, Insurance
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