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
-- mins to
Description
Well-maintained duplex currently generating $3,175/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: $3,175/month ($38,100/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
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: $3,175/month ($38,100/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
Serious inquiries only. Message for additional details.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day 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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Year Built Year Built: 1910 |
Property Type / Style Property Type: Multi Family |
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Lot Area: 0.33 acres |
Price History for 215 N 3rd St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/03/2026 | ListingRemoved | N/A | |
| 05/26/2026 | $265,000 | Pending | N/A |
| 03/12/2026 | $265,000 | Listed For Sale | N/A |
Market trends in Brainerd
Last updated May 2026
Avg. sale price
$283K
$18KMoM
Sale-to-List Price
98.4%
Price per sq ft
$149
$1MoM
Available listings
159
26MoM
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 | |
0.87 | Multi-Family Home | $250,000 | 06/12/26 | 4 | 2 | 2,656 | |
0.66 | Multi-Family Home | $264,900 | 10/29/25 | 3 | 3 | 2,117 | |
0.90 | Multi-Family Home | $224,000 | 06/18/26 | 2 | 2 | 1,302 | |
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 | |
7.38 | Multi-Family Home | $440,000 | 07/31/25 | 8 | 8 | 4,176 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.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
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 215 N 3rd St
Off Market Homes Near 215 N 3rd St
215 N 3rd St, Brainerd, MN 56401 is a 5 bedroom, 3 bathroom, 2,140 sqft multi-family built in 1910. This property is not currently available for sale.

