Property Description Investment opportunity with views of Lake Minnewaska! This spacious duplex on a corner lot in Glenwood offers excellent income potential with a rough-in for a possible third unit in the lower level.
The main level unit features easy one-level living with 1 bedroom, a walk-in closet, and durable luxury vinyl plank flooring. The upper unit offers 2 bedrooms, an eat-in kitchen, and plenty of natural light. Shared laundry facilities add convenience for tenants.
Recent improvements include a new roof in 2024. A one-car garage plus abundant off-street parking provide ample space for both units and guests.
With lake views, strong rental potential, and room to expand with a future third unit, this versatile property is a fantastic opportunity for investors or owner-occupants alike. Donât miss your chance to own a property with flexibility, income potential, and a desirable Glenwood location!
Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 229900
Original List Price: 240000
ListPrice: 229900
List Date: 2026-05-15
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Road Btwn WF & Home?: Yes
Waterfront YN: No
Year Built: 1915
Yearly/Seasonal: Yearly
Bedrooms: 3
Baths Total: 2
Main Floor Total SqFt: 957
Above Ground SqFt: 1914
Total SqFt: 1914
Foundation Size: 957
Style: (MF) Duplex Up and Down
Total Finished Sqft: 1914.00
Lake/Waterfront Name: Minnewaska
Garage Stalls: 1
Lot Dimensions: 116 x 75
Acres: 0.19
Assessment Pending: No
Location Tax and Other Information
House Number: 276
Street Name: Minnesota
Street Suffix: Avenue
Street Direction Suffix: W
Postal City: Glenwood
County: Pope
State: MN
Zip Code: 56334
Complex/Dev/Subdivision: Academy Add
Assessments
Tax With Assessments: 1912
Basement
Foundation Dimensions: 24 x 36
Building Information
Finished SqFt Above Ground: 1914
Income and Expenses
Annual Gross Expenses: 3100
Annual Gross Income: 23100
Annual Insurance Expense: 1300
Annual Water/Sewer Expense: 1800
Total Annual Expenses: 3100
Lake Details
Lake Acres: 8050
Lake Depth: 32
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: ALEX
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 540
Public Survey Info
Range#: 38
Section#: 12
Township#: 125
Unit 1
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 1
Annual Rent: 10800
Finished SqFt: 957
Full Baths: 1
Monthly Rent: 900
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 5
Unit 2
Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 2
3/4 Baths: 1
Annual Rent: 12300
Finished SqFt: 957
Monthly Rent: 1025
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit Details
Total Units: 2
Property Features
Accessible: None
Basement: Concrete Block
Construction Status: Previously Owned
Exterior: Fiber Board; Wood
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Laundry: Lower Level
Lock Box Type: Supra
Lot Description: Corner Lot
Owner Pays: Insurance; Sewer; Trash Collection; Water
Rental License Type: Standard
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Electricity; Heat
Unit 1 Appliances: Range; Refrigerator
Unit 1 Bath Description: Main Floor Full Bath
Unit 1 Cooling: Central
Unit 1 Dining Room Description: Living/Dining Room