Investment property at it's finest! This triplex, located on a large corner lot in Barrett, offers the potential to have your mortgage payments greatly lessened, or even covered, by having a renter or two. The rental units are an attached duplex with up/down configuration, giving you the privacy of occupying one of the units yourself. Each unit has 2 bedrooms and 1 bathroom in it, giving the tenants ample room to move in each unit. There is also a detached, double garage for storing cars if the renters should chose to utilize this option. This home not only offers great potential for an investment property, but also could be converted into a 6 bedroom, 3 bathroom home with some finishing touches to be made. If you are looking for a home with plenty of room to grow, look no further. This home boasts an updated roof, vinyl siding, a tar driveway, as well as all of the appliances being included in the sale of the property! Don't miss out on your opportunity to invest in your future!
Closed
$220,000
702 3rd St, Barrett, MN 56311
6beds
3baths
2,112sqft
Triplex
Built in 1976
-- sqft lot
$245,500 Zestimate®
$104/sqft
$1,303 Estimated rent
Home value
$245,500
$228,000 - $265,000
$1,303/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 06, 2025 at 05:56pm
Listed by:
Christy Schmitz 320-760-9996,
Edina Realty, Inc.
Bought with:
Christy Schmitz
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6370468
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Baseboard
Appliances
- Laundry: Coin-op Laundry Owned
Features
- Basement: Block,Full,Unfinished
Interior area
- Total structure area: 2,112
- Total interior livable area: 2,112 sqft
- Finished area above ground: 2,313
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Attached, Detached
- Attached garage spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: One
- Waterfront features: Waterfront Num(56075900), Lake Acres(1087), Lake Depth(48)
- Body of water: Franklin Lake (56075900)
Lot
- Size: 0.40 Acres
- Dimensions: 150 135 150 135
- Features: Corner Lot
Details
- Foundation area: 2580
- Parcel number: 180141000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Age of Property: 49
- New construction: No
- Year built: 1976
Utilities & green energy
- Gas: Electric
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Barrett
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2023 | Sold | $220,000$104/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6370468 | ||
| 6/12/2023 | Pending sale | $220,000$104/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6370468 | ||
| 5/15/2023 | Price change | $220,000-13.4%$104/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6370468 | ||
| 1/29/2023 | Listed for sale | $254,000+1.6%$120/sqft |
Source: Owner | ||
| 1/14/2023 | Listing removed | -- |
Source: Owner | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,010 -5.6% | $213,000 +2.1% |
| 2023 | $3,190 +12.2% | $208,600 +4.2% |
| 2022 | $2,842 +1.9% | $200,200 +10.6% |
Find assessor info on the county website
Neighborhood: 56311
Nearby schools
GreatSchools rating
- 5/10WCA Middle SchoolGrades: 5-8Distance: 0.3 mi
- 7/10West Central Area Sec.Grades: 9-12Distance: 0.3 mi
- 7/10West Central Area N. Elementary SchoolGrades: PK-4Distance: 7 mi
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.