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  • $216,000

    515 NW 7th Ave, Grand Rapids, MN 55744

    4beds
    2baths
    2,160sqft
    Duplex Up and Down
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $100/sqft
    $1,882 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,882/mo

    Zestimate® history
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    What's special

    Fantastic Opportunity to Live, Earn, and Enjoy – All in One Place! Have you ever dreamed of living in your very own Airbnb while having an additional apartment upstairs to help minimize your mortgage? If so, this property is perfect for you! This meticulously maintained duplex is currently being run as an Airbnb on the main level, with an additional apartment upstairs that could generate $850+ per month in rental income. Are you an investor looking to expand your portfolio? Keep the setup as it is and enjoy steady cash flow. The main level features two bedrooms, one full bathroom, and an open-concept kitchen, living, and dining area. It also includes a basement with a washer and dryer, as well as a versatile flex space that can be used for storage or as a potential playroom. The upstairs apartment has a private entrance at the back and includes a kitchen, two bedrooms, one full bathroom, and a cozy living area. The property also boasts a detached garage and a freshly built pergola adorned with string lights, creating a warm and inviting path to your home. Move-in ready and offering flexibility, this duplex is ideal for owner-occupants who want to rent one unit or for investors seeking a combination of Airbnb and long-term rental income. Don’t miss your chance to own this income-generating gem.

    Zillow last checked: 8 hours ago

    Listing updated: May 06, 2025 at 03:34pm

    Listed by:

    Alexandra E. Bloch 828-467-4124,

    EDGE OF THE WILDERNESS REALTY

    Bought with:

    Bridger Hopkins

    GRAND PROPERTIES REAL ESTATE

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6652316MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air
    Features
    • Basement: Block,Full
    Interior area
    • Total structure area: 2,160
    • Total interior livable area: 2,160 sqft
    • Finished area above ground: 1,440
    • Finished area below ground: 440

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    • Details: Garage Dimensions (21x13)
    Accessibility
    • Accessibility features: Accessible Approach with Ramp
    Features
    • Levels: Two
    • Patio & porch: Deck
    Lot
    • Size: 6,534 sqft
    • Dimensions: 45 x 143 x 45 x 143
    Details
    • Foundation area: 720
    • Parcel number: 914201210
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex Up and Down
    Materials
    • Vinyl Siding, Block
    • Roof: Asphalt
    Condition
    • Age of Property: 73
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Grand Rapids
    • Subdivision: Grand Rapids Second Div

    Price history

    DateEventPrice
    2/21/2025Sold$216,000+3.3%$100/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6652316
    1/27/2025Listed for sale$209,000+63.3%$97/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6652316
    1/7/2021Sold$128,000-3%$59/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5685629
    11/14/2020Listed for sale$132,000-5%$61/sqft
    Source: GRAND RAPIDS REALTY #5685629
    11/27/2019Listing removed$139,000$64/sqft
    Source: GRAND RAPIDS REALTY #5315263

    Public tax history

    YearProperty taxesTax assessment
    2024$2,259 -0.5%$137,800 +11.7%
    2023$2,271 -1%$123,400
    2022$2,293 +93.4%--

    Find assessor info on the county website

    Neighborhood: 55744

    Nearby schools

    GreatSchools rating
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