215 N 3rd St
Brainerd, MN 56401
- 5 Beds
- 2.5 Baths
- 2,140 sqft (on 0.33 acres)
5 Beds
2.5 Baths
2,140 sqft
(on 0.33 acres)
Local Information
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Description
Well-maintained duplex currently generating $3,125/month in rental income with tenants already in place. This property offers immediate cash flow for investors and could also be a great opportunity for an owner-occupant to live in one unit while the other produces income.
The property sits on an oversized lot that may offer potential for a future lot split or additional building opportunity (buyer to verify with city).
Conveniently located near downtown Brainerd and Essentia Health hospital, making it an attractive location for tenants and long-term rental demand.
Property Highlights
• Duplex with stable tenants in place
• Gross rent: $3,125/month ($37,500/year)
• Strong rental history
• Large lot with possible development potential
• Convenient location near downtown and hospital
• Turnkey income property
• Investor or owner-occupant opportunity
Seller Financing Available
Flexible terms available for qualified buyers with substantial down payment.
Great opportunity for:
• Investors seeking strong cash flow
• Buyers interested in seller financing
• Owner-occupants wanting rental income
• Buyers interested in future development potential
Owner is currently traveling. Showings will be scheduled for qualified buyers once the owner returns.
Serious inquiries only. Message for additional details.
The property sits on an oversized lot that may offer potential for a future lot split or additional building opportunity (buyer to verify with city).
Conveniently located near downtown Brainerd and Essentia Health hospital, making it an attractive location for tenants and long-term rental demand.
Property Highlights
• Duplex with stable tenants in place
• Gross rent: $3,125/month ($37,500/year)
• Strong rental history
• Large lot with possible development potential
• Convenient location near downtown and hospital
• Turnkey income property
• Investor or owner-occupant opportunity
Seller Financing Available
Flexible terms available for qualified buyers with substantial down payment.
Great opportunity for:
• Investors seeking strong cash flow
• Buyers interested in seller financing
• Owner-occupants wanting rental income
• Buyers interested in future development potential
Owner is currently traveling. Showings will be scheduled for qualified buyers once the owner returns.
Serious inquiries only. Message for additional details.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
$124
Listed
58 days ago
Home Details for 215 N 3rd St
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Interior Details Basement |
Appliances & Utilities Refrigerator |
Levels, Entrance, & Accessibility Floors: Hardwood, Laminate |
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Days on Market: 58 days on Trulia |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: Multi Family |
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Price Price Per Sqft: $124 |
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Lot Area: 0.33 acres |
Price History for 215 N 3rd St
| Date | Price | Event | Source |
|---|---|---|---|
| 03/12/2026 | $265,000 | Listed For Sale | N/A |
Similar Homes You May Like
Comparable Sales for 215 N 3rd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Multi-Family Home | $210,000 | 07/11/25 | 4 | 3 | 2,012 | |
0.35 | Multi-Family Home | $286,000 | 10/09/25 | 7 | 4 | 2,941 | |
0.66 | Multi-Family Home | $264,900 | 10/29/25 | 3 | 3 | 2,117 | |
1.12 | Multi-Family Home | $261,500 | 08/08/25 | 4 | 2 | 1,346 | |
2.20 | Multi-Family Home | $175,000 | 01/27/26 | 2 | 2 | 1,144 | |
2.30 | Multi-Family Home | $775,000 | 06/20/25 | 12 | 4 | 5,574 | |
7.38 | Multi-Family Home | $440,000 | 07/31/25 | 8 | 8 | 4,176 |
Assigned Schools
These are the assigned schools for 215 N 3rd St.
What Locals Say about Brainerd
At least 73 Trulia users voted on each feature.
91 % Say parking is easy
86 % Say car is needed
86 % Say it's dog friendly
85 % Say yards are well-kept
78 % Say kids play outside
70 % Say there's wildlife
65 % Say there's holiday spirit
62 % Say people would walk alone at night
58 % Say neighbors are friendly
58 % Say it's quiet
54 % Say there are sidewalks
51 % Say streets are well-lit
51 % Say they plan to stay for at least 5 years
49 % Say it's walkable to restaurants
40 % Say there are community events
38 % Say it's walkable to grocery stores
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
This property is for sale by owner and Zillow, Inc. is displaying it at the owner’s request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
215 N 3rd St, Brainerd, MN 56401 is a 5 bedroom, 3 bathroom, 2,140 sqft multi-family built in 1910. This property is currently available for sale and was listed on Mar 12, 2026.

