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Sold on 07/26/2025

625 2nd Ave NE, Staples, MN 56479

$159,000

Last sold 07/26/2025 for $160K

  • 6

    bed

  • 3

    bath

  • 2,263

    Sqft ($71/Sqft)

Multi-family not for sale
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About 625 2nd Ave NE

Property type Multi-family
Neighborhood
Year built 1950
HOA fee $0/month
Lot size 6,882 Sqft
Movoto estimate
Parking 1 garage spaces
Property description
Take advantage of this excellent opportunity to own an income producing triplex in Staples, MN. This well-maintained property features 3 separate units offering a reliable monthly cash flow. Each unit features separate entrances and individual electrical meters. The main level offers two units; unit A is a 3 bed / 1 bath and unit B is a 1 bedroom / 1 bath. The upper-level unit is a 2 bedroom / 1 bath. Weather you are a seasoned investor or just entering the market, this is a turn-key property that checks all the boxes. Schedule your showing today to add this solid asset to your portfolio.
Listed by
Listing Agent - Chad R Bryniarski
Source: Northstar MLS mls logo
MLS#6749027 • last updated 3 weeks ago
Movoto checked Northstar MLS for data 12 minutes ago
Overview
Heating Boiler
Levels/Style Two
MLS # 6749027
Type Residential Income
SubType Triplex
Property Tax 2482
Tax Assessment 2482
Foreclosure (Y/N) No
Short Sale (Y/N) No
Interior
Total # of Bathrooms 3
# Bedrooms 6
Laundry None
Accessibility Features None
Exterior
Construction Frame
# Garage Spaces 1
Lot Desc Corner Lot
Amenities / Utilities
Water Source City Water/Connected
Location
County Todd
Subdivision Staples Mill
High School District Staples-Motley
APN 380026700
Zoning Residential-Multi-Family
Multifamily Details
Tenant Pays Electricity, Gas
Owner Pays Sewer, Water
Total # of Units 3
Annual Gross Income 24300
Expense: Trash 1320
Expense: Insurance 1968
Expense: Water/ Sewer 1200
Net Operating Income 19812
Lot/ Land Details
Road Frontage City Street
Present Use Yearly
Road Responsibility Public Maintained Road
$159K
Range: $143K-$174K
Last 30 days 
  • Sep 2025
    mls logo MLS # 6749027
  • Sep 4, 2025 Sold
    $160,000
  • Jul 26, 2025 Pending
    —
  • Jul 10, 2025 Listed
    $169,900 (+54.5%)
  • Sep 2025
    Public Records
  • Sep 3, 2025 Sold
    $160,000 (-5.8%)
  • Sep 2021
    Public Records
  • Sep 20, 2021 Sold
    $110,000
  • Year Property taxes Tax assessment
  • 2023
    $2,482 +11.9%
    $137,100 +25.9%
  • 2022
    $2,218 +3.3%
    $108,900 +11.12%
  • 2021
    $2,148 -2.5%
    $98,000 -8.07%
  • 2020
    $2,202
    $106,600
  • 625 2nd Ave NE
    $160K
  • Staples Mill
    —
  • 56479
    $192K -45% y/y
  • Staples
    $194K -46% y/y
No chart available
Statistics calculated by Movoto

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7/10
Staples-Motley Senior High School
public Grades 9-12
Staples-Motley School District
Source: GreatSchools.org © 2026. All rights reserved.

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