For Sale: Norwood Young America MLS# 6812414
Active Contingent
NEW!
$240,824
Multi-family: Duplex Up and Down
Built 1955
2,109 sqft • 0.75 acres
Central schools
MLS# 6812414
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Property Description
Investor Opportunity – Spacious Up-and-Down Duplex on a Large Lot!
Welcome to 409 Central Avenue South in the heart of Norwood Young America! This up-and-down duplex sits on a generous ¾-acre lot and offers excellent potential for investors, builders, or owner-occupants ready to bring this property back to life.
Unit 1 (Main Level):
4 spacious bedrooms
1 full bathroom
Bright, open living room
Large eat-in kitchen
Oversized utility/laundry room
Unit 2 (Upper Level):
3 bedrooms
1 full and 1 half bathroom
Expansive kitchen and family room
Walkout access to a large patio deck situated above the attached two-car garage
Property Highlights:
Ample parking with two designated spaces per unit plus additional guest parking along the long gravel driveway
Expansive front and backyard areas — ideal for outdoor enjoyment
Strong rental potential in a convenient location close to parks, schools, and downtown amenities
The home will need some renovation and updates — perfect for those using a VA Renovation Loan, Conventional Rehab Loan, or Cash Purchase. With the right vision and financing, this property offers tremendous upside and income potential.
Calling all investors, builders, and buyers who want to make this property their own. Priced to sell today — bring your ideas and make this duplex shine again!
Listing
Listing Status:
Active Contingent
Contingency:
Other
List Price:
$240,824
Price per sq ft:
$114
Property Type:
Multi-family
City:
Norwood Young America
Garage Spaces:
2
County:
Carver
Year Built:
1955
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55397
Interior
Finished Area:
2,109 ft2
Living Area:
2,109 ft2
Ranges:
Two
Refrigerators:
One
Basement Details:
- Block
- Daylight/Lookout Windows
- Drain Tiled
- Egress Window(s)
- Finished
- Full
- Sump Pump
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
24.2x29.5
Garage Size:
713 ft2
Garage Door Height:
7
Foundation Size:
966 ft2
Foundation Dimensions:
46x21
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
- Other
Parking Features:
- Attached Garage
- Gravel
- Guest Parking
- Shared Driveway
- Shared Garage/Stall
Shared Amenities:
- Concrete Floors & Walls
- Deck
Road Frontage:
City Street
Exterior Material:
Steel Siding
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.75
Geolocation:
44.777555, -93.918836
Lot Dimensions:
2808
Lot Description:
Many Trees
Farm
Topography:
Sloped
Schools
School District:
108
District Phone:
952-467-7000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,676
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$4,676
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Lakes Area Realty G.V..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.