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23019 Highway 65 NE

$394,900

23019 Highway 65 NE, East Bethel, MN 55005

Active
Last Updated: 10/21/2025

3,096 sqft

Building Size

0.78 acres

Lot Area

Details:
Building Size:    3,096 sqft
Lot Area:    0.78 acres
Units:    3
Year Built:    1960
Zoning:    Residential-Multi-Family
Roof:    Age 8 Years or Less, Asphalt Shingles
GrossIncome:    $39,000
Highlights:
  • Parking Features: Driveway - Gravel
  • Lot Size Dimension: 110 x 522.75 x 400 x 110
Description:

Welcome to 23019 MN-65, a well-maintained triplex offering incredible income potential and room to grow your investment portfolio. Nestled on a spacious .78-acre lot, this property features two upper units with 2 bedrooms and 1 bath each, plus a lower 1-bedroom, 1-bath unit—perfect for long-term tenants or owner-occupants seeking supplemental rental income.

Each upper unit includes its own unfinished basement, ideal for added storage or potential future expansion. The home sits back from the road surrounded by mature trees, offering a private country feel while still being conveniently located near city amenities, parks, and commuter routes.

With long-term tenants in place and under-market rents, this property presents instant equity and immediate cash flow potential. Investors can take advantage of the solid rental history while exploring opportunities to increase rents to market value over time.

Outside, you’ll find ample parking, a storage shed, and a peaceful setting that tenants love to call home.

Whether you’re expanding your rental portfolio or getting started with your first multi-unit investment, this East Bethel triplex delivers stability, value, and opportunity.

Irregular Lot, Tree Coverage - Medium

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