Closed
$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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Owner options
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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#: 6652316
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
| Date | Event | Price |
|---|---|---|
| 2/21/2025 | Sold | $216,000+3.3%$100/sqft |
Source: | ||
| 1/27/2025 | Listed for sale | $209,000+63.3%$97/sqft |
Source: | ||
| 1/7/2021 | Sold | $128,000-3%$59/sqft |
Source: | ||
| 11/14/2020 | Listed for sale | $132,000-5%$61/sqft |
Source: GRAND RAPIDS REALTY #5685629 | ||
| 11/27/2019 | Listing removed | $139,000$64/sqft |
Source: GRAND RAPIDS REALTY #5315263 | ||
Public tax history
| Year | Property taxes | Tax 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
- 8/10East Rapids ElementaryGrades: K-5Distance: 1.4 mi
- 5/10Robert J. Elkington Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Grand Rapids Senior High SchoolGrades: 9-12Distance: 0.7 mi

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