23019 Highway 65 NE East Bethel, MN 55005

$394,900
Active
estimated monthly payment
2,376 Sq Ft  |  Triplex  |  MLS # 6802858
  • Welcome to 23019 Highway 65! This freshly painted triplex is ready for you to owner occupy or start cash flowing immediately.
    Welcome to 23019 Highway 65! This freshly painted triplex is ready for you to owner occupy or start cash flowing immediately.
  • Multiple upgrades have happened recently including a new roof in 2024, fresh exterior paint and new mulch.
    Multiple upgrades have happened recently including a new roof in 2024, fresh exterior paint and new mulch.
  • The cutest patio is off of unit 3 to enjoy these final fall evenings before the snow hits.
    The cutest patio is off of unit 3 to enjoy these final fall evenings before the snow hits.
  • Entry to unit 3 is located on the back of the building. Electric meters are separated, unit 1 pays own electric and the owner pays for shared electric between units 2 and 3.
    Entry to unit 3 is located on the back of the building. Electric meters are separated, unit 1 pays own electric and the owner pays for shared electric between units 2 and 3.
  • Entry to unit 3 with new sheetrock and paint.
    Entry to unit 3 with new sheetrock and paint.
  • Inside unit 3 you will find new flooring, new ceiling, and fresh paint ready for immediate move in.
    Inside unit 3 you will find new flooring, new ceiling, and fresh paint ready for immediate move in.
  • Each unit is equipped with washer and dryer hook ups. Tenants own their own washer and dryer set.
    Each unit is equipped with washer and dryer hook ups. Tenants own their own washer and dryer set.
  • Unit 3
    Unit 3
  • Unit 3
    Unit 3
  • Kitchen has space to add dishwasher. Microwave stays with the unit.
    Kitchen has space to add dishwasher. Microwave stays with the unit.
  • Unit 3 kitchen
    Unit 3 kitchen
  • Unit 3
    Unit 3
  • Unit 3
    Unit 3
  • Unit 3
    Unit 3
  • Unit 3 bathroom
    Unit 3 bathroom
  • Unit 3 is a 1 bedroom unit
    Unit 3 is a 1 bedroom unit
  • Unit 3 bedroom
    Unit 3 bedroom
  • Unit 3
    Unit 3
  • Unit 1 has refinished hardwood flooring and solid core doors throughout
    Unit 1 has refinished hardwood flooring and solid core doors throughout
  • Living room to unit 1
    Living room to unit 1
  • Unit 1 had an upgrade in 2024
    Unit 1 had an upgrade in 2024
  • Unit 1 kitchen leads to a second entry door and has a staircase to their private lower level basement
    Unit 1 kitchen leads to a second entry door and has a staircase to their private lower level basement
  • Unit 1 kitchen
    Unit 1 kitchen
  • Unit 1 has 2 bedrooms and 1 bath
    Unit 1 has 2 bedrooms and 1 bath
  • First bedroom in unit 1
    First bedroom in unit 1
  • First bedroom in unit 1
    First bedroom in unit 1
  • Second bedroom in unit 1
    Second bedroom in unit 1
  • Second bedroom in unit 1
    Second bedroom in unit 1
  • Lower level of unit 1 is unfinished - new owners can add equity by finishing this area into livable space
    Lower level of unit 1 is unfinished - new owners can add equity by finishing this area into livable space
  • Unit 2 - these tenants have lived in this unit for 12 years
    Unit 2 - these tenants have lived in this unit for 12 years
  • Unit 2 kitchen
    Unit 2 kitchen
  • Unit 2 has 2 bedrooms 1 bathroom
    Unit 2 has 2 bedrooms 1 bathroom
  • Unit 2
    Unit 2
  • Unit 2
    Unit 2
  • This property has 2 gravel driveways
    This property has 2 gravel driveways
  • Huge lot with privacy with easy access to Highway 65
    Huge lot with privacy with easy access to Highway 65
  • 23019 Highway 65 NE, East Bethel, MN 55005 Listing Photo  37
  • 23019 Highway 65 NE, East Bethel, MN 55005 Listing Photo  38
  • 23019 Highway 65 NE, East Bethel, MN 55005 Listing Photo  39
  • 23019 Highway 65 NE, East Bethel, MN 55005 Listing Photo  40
  • Tons of parking
    Tons of parking
  • Shed to store personal items
    Shed to store personal items
  • 23019 Highway 65 NE, East Bethel, MN 55005 Listing Photo  43
  • Units 1 and 2 upper main level
    Units 1 and 2 upper main level
  • Lower level with basements and unit 3
    Lower level with basements and unit 3

About The Listing

Welcome to 23019 MN-65, a well-maintained triplex offering incredible income potential and room to grow your investment portfolio. Nestled on a spacious .78-acre lot, this property features two upper units with 2 bedrooms and 1 bath each, plus a lower 1-bedroom, 1-bath unit—perfect for long-term tenants or owner-occupants seeking supplemental rental income.

Each upper unit includes its own unfinished basement, ideal for added storage or potential future expansion. The home sits back from the road surrounded by mature trees, offering a private country feel while still being conveniently located near city amenities, parks, and commuter routes.

With long-term tenants in place and under-market rents, this property presents instant equity and immediate cash flow potential. Investors can take advantage of the solid rental history while exploring opportunities to increase rents to market value over time.

Outside, you’ll find ample parking, a storage shed, and a peaceful setting that tenants love to call home.

Whether you’re expanding your rental portfolio or getting started with your first multi-unit investment, this East Bethel triplex delivers stability, value, and opportunity.


Listing courtesy of Nicole Goltz, Realty ONE Group Choice
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: Subject to Financing
Year Built: 1960
MLS #: 6802858
Square Feet: 2,376
Price Per Square Foot: $166
Garage Spaces: 0
Parking Description: Gravel
Sewer Description: Septic System Compliant - Yes, Tank with Drainage Field
Water: Well
Heat Type: Forced Air
Basement: Egress Window(s), Finished, Full, Single Tenant Access
Construction Description: Stucco
Roof Description: Age 8 Years or Less, Asphalt
Days On Market (Continuous): 6
Disability Features: None
Latest Update: 10/22/2025
List Date: 10/16/2025
Listing Agent ID: 502049204
Listing Office: Realty ONE Group Choice
Listing Office ID: 26330
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Lot Dimensions: 110 x 522.75 x 400 x 110
Lot Size: 0.78 Acres
Lot Features: Irregular Lot, Many Trees
School District: St. Francis
Tax Year: 2025
Estimated Taxes: $2,886
Contingency Type: Subject to Financing
City: East Bethel
Zip: 55005
County: Anoka
State: MN

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Listing last updated: 10/22/25

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