305 Red River Avenue S Cold Spring, MN 56320

$174,900
Active
estimated monthly payment
2,280 Sq Ft  |  Duplex Up and Down  |  MLS # 6771036
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About The Listing

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.


Listing courtesy of Paul Morrison, RE/MAX Results
Purchase Price
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1920
MLS #: 6771036
Square Feet: 2,280
Price Per Square Foot: $77
Garage Spaces: 2
Parking Description: Detached, Asphalt, Concrete
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Baseboard, Radiant
Basement: Block, Full, Storage Space, Unfinished
Construction Description: Stucco
Roof Description: Asphalt
Days On Market (Continuous): 1
Disability Features: None
Latest Update: 08/19/2025
List Date: 08/18/2025
Listing Agent ID: 505501257
Listing Office: RE/MAX Results
Listing Office ID: 20530
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Lot Dimensions: 68x165x67x166
Lot Size: 0.26 Acres
Lot Features: Corner Lot, Many Trees
School District: Rocori
Tax Year: 2025
Estimated Taxes: $1,940
Contingency Type: None
City: Cold Spring
Zip: 56320
County: Stearns
Subdivision: Townsite Of Cold Spring
State: MN
Listing last updated: 08/19/25

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