215 N  3rd St, Brainerd, MN 56401
FOR SALE
FOR SALE BY OWNER
0.33 ACRES

215 N 3rd St
Brainerd, MN 56401

  • 5 Beds
  • 2.5 Baths
  • 2,140 sqft (on 0.33 acres)

$265,000

Est. Mortgage $1,535/mo*

$265,000

Est. Mortgage $1,535/mo*
5 Beds
2.5 Baths
2,140 sqft
(on 0.33 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
$124
Listed
58 days ago

Home Details for 215 N 3rd St

Interior Features

Interior Details
Basement
Appliances & Utilities
Refrigerator
Levels, Entrance, & Accessibility
Floors: Hardwood, Laminate

Days on Market

Days on Market: 58 days on Trulia

Property Information

Year Built
Year Built: 1910
Property Type / Style
Property Type: Multi Family

Price & Status

Price
Price Per Sqft: $124

Lot Information

Lot Area: 0.33 acres

Price History for 215 N 3rd St

DatePriceEventSource
03/12/2026$265,000Listed For SaleN/A

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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

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.
  • John Tomonovich
    "It’s a pretty decent place to live. It has reasonable shopping options in town. There are several big box stores and decent medical facilities every direction you turn."
  • Kp469grk4k
    "many parks near by, walking trails, a local ice cream shop and a ice cream truck that goes all over town. water accesses available as well, what more could you ask for?"
  • Mandolin C.
    "We’re pretty safe in all areas except NE Brainerd. Just passed a referendum to rebuild our schools. Population tripled in the summer. Love the lakes! "
  • Irama6312
    "It’s quiet, and friendly. I have lived here for 7 years and have never had an issue with any neighbors"
  • Candy B.
    "everyone is to in to there own life..... we, all just live happy life's and or don't care. ha ha like my peeps."
  • Kinzy
    "The elementary schools in town have sandwiches stations. Which that is a free lunch for families in need and it’s offered at all elementary schools Monday thru Friday and thru the whole summer!! "
  • Rodneykrueger
    "I've lived here for three years the neighborhood is very good my neighbors are neighborly we help each other out we all take pride in their yards in the way our streets look"
  • Kinzy
    "It’s definitely a pet friendly area. In fact people walk theirs dogs everyday, and are welcome at most parks too! "
  • Sarah R.
    "Dogs are very welcome in our neighborhood, people are very friendly, and we have a big dog friendly park in the center of our area."
  • Teeks31
    "Everyone minds their own business, but yet is very friendly. This neighborhood has a good vibe even though we are all pretty close. We still feel like we have privacy. "
  • Mainerd12
    "I have lived in my neighborhood for 30 years, town is a short distance away and it has everything I need. "
  • Kimicole20
    "Red Sand Lake in the back yard. Close to town. Next to the larger Gull Lake. Beautiful adult trees. Private cull de sac. Park-like views, and natural landscaping."
  • Talktothepawikwa
    "we have access to the bus and cab service. close to downtown and grocery stores as well as parks. We can access many different shopping centers and the hospital and clinics are within a 5 mile radius. "
  • Lrworden
    "The development is adjacent Crow Wing State Park, including the trailhead of the Paul Bunyon Trail. High speed fiber installed in the area in 2017. It's smoking-fast internet connection at affordable prices. Just south of the 371 split allows for easy access to both Brainerd and Baxter. "

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.