305 Red River Avenue S, Cold Spring, MN 56320

$120,000
4
BD
2
BA
2,280
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$120,000
List Price
$174,900
Closing Date
Oct 15, 2025
MLS#
6771036
Status
CLOSED
Type
Multifamily
Bedrooms
4
Bathrooms
2
Living Area
2,280
Acres
0.26
Subdivision
Townsite Of Cold Spring
Year Built
1920

Property Description

Duplex Investment Opportunity in the Heart of Cold Spring This corner-lot duplex offers two separate units—both currently leased on a month-to-month basis—making it an ideal opportunity for investors or owner-occupants. Live in one unit and rent out the other to help offset your cost of living, or continue leasing both for steady income. Zoned C-2 and located at a high-visibility intersection, this property also presents excellent potential for a variety of commercial uses. The stucco-sided building welcomes you with a charming front porch and sits on a lot with moderate tree coverage, offering a balance of privacy and visibility. The main-level unit features two bedrooms, a full bathroom, and convenient main-floor laundry. The upper-level unit includes three bedrooms, a full bathroom, and its own laundry area—perfect for rental income, multigenerational living, or flexible space usage. A detached two-stall garage adds valuable storage or workshop potential. Utilities include a natural gas boiler, a 50-gallon electric water heater, and a 100-amp breaker panel. With current property taxes at just $1,940 annually, this is a smart investment in a growing area. Don’t miss your chance to own a versatile, income-generating property in a prime Cold Spring location.

Additional Information

School District
Rocori
Tax Year
2025
Fuel
Natural Gas
Lot Description
Corner Lot, Tree Coverage - Medium
Sewer
City Sewer/Connected
Roof
Asphalt
Heating
Baseboard, Radiant
Water
City Water/Connected
Basement
Block, Full, Storage Space, Unfinished
Parking
Detached Garage, Asphalt, Concrete
Garage Spaces
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Results.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.