Home › 331 E 3rd Street, Monticello, MN 55362 (MLS# 7062021)

331 E 3rd Street, Monticello, MN 55362 (MLS# 7062021)

$289,900
331 E 3rd Street
Monticello, MN 55362
MLS# 7062021
3 beds  |  2 baths  |  2815 sqft
331 E 3rd Street, Monticello, MN 55362
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331 E 3rd Street, Monticello, MN 55362 331 E 3rd Street, Monticello, MN 55362 331 E 3rd Street, Monticello, MN 55362 331 E 3rd Street, Monticello, MN 55362 331 E 3rd Street, Monticello, MN 55362 331 E 3rd Street, Monticello, MN 55362 331 E 3rd Street, Monticello, MN 55362 331 E 3rd Street, Monticello, MN 55362 331 E 3rd Street, Monticello, MN 55362 331 E 3rd Street, Monticello, MN 55362 331 E 3rd Street, Monticello, MN 55362 331 E 3rd Street, Monticello, MN 55362 331 E 3rd Street, Monticello, MN 55362 331 E 3rd Street, Monticello, MN 55362 331 E 3rd Street, Monticello, MN 55362 331 E 3rd Street, Monticello, MN 55362

Property Description
Great investment opportunity just three blocks from downtown Monticello! Rent both units or live in one and rent the other! This well maintained up-down duplex has in each unit a kitchen, living room and full bath. Upstairs unit has 2 bedrooms, main level unit has 1 bedroom. Shared laundry in basement. Enjoy the large, flat, usable yard with recent tree and yard work and addition of a shed. New roof, furnace, upstairs carpet and dishwasher in 2024. Other recent updates include water heater, washer, dryer, laundry sink, main level deck. Easy access to 25, 94, and 10. Blocks away from shopping, food, parks and the Mississippi River!

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 289900
Original List Price: 299900
ListPrice: 289900
List Date: 2026-04-25
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Bedrooms: 3
Baths Total: 2
Main Floor Total SqFt: 1005
Above Ground SqFt: 1910
Below Grd Total SqFt: 905
Total SqFt: 2815
Foundation Size: 1005
Style: (MF) Duplex Up and Down
Total Finished Sqft: 1910.00
Lot Dimensions: 163x98
Acres: 0.37
Assessment Pending: No
Location Tax and Other Information
House Number: 331
Street Direction Prefix: E
Street Name: 3rd
Street Suffix: Street
Postal City: Monticello
County: Wright
State: MN
Zip Code: 55362
Complex/Dev/Subdivision: Lower Monti Blocks A, B, C & D
Assessments
Tax With Assessments: 1930
Building Information
Finished SqFt Above Ground: 1910
Income and Expenses
Annual Electric Expense: 2567
Annual Fuel Expense: 1386
Annual Gross Expenses: 8905
Annual Gross Income: 14400
Annual Insurance Expense: 3411
Annual Maintenance Expense: 257
Annual Repair Expense: 400
Annual Water/Sewer Expense: 884
Total Annual Expenses: 8905
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 25
Section#: 11
Township#: 121
Unit 1
Furnished?: No
Lease Expiration Date: 2026-08-31
Leased?: Yes
Level: Main Level
Unit Number: 1
Annual Rent: 14400
Finished SqFt: 1005
Full Baths: 1
Monthly Rent: 1200
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 6
Unit 2
Furnished?: No
Leased?: No
Level: 2nd Level
Unit Number: 2
Finished SqFt: 905
Full Baths: 1
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit Details
Total Units: 2
Property Features
Accessible: None
Amenities Shared: Common Laundry Facility
Assumable Loan: Not Assumable
Basement: Full; Owner Access; Shared Access; Storage Space
Construction Status: Previously Owned
Existing Financing: Conventional
Exterior: Fiber Board
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Lock Box Type: Supra
Lot Description: Tree Coverage - Light
Owner Pays: Electricity; Gas; Grounds Care; Insurance; Maintenance/Repair; Sewer; Snow Removal; Taxes; 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: Broadband; Cable TV
Unit 1 Amenities: Ceiling Fan(s); Kitchen Window; Main Floor Primary Bedroom; Patio
Unit 1 Appliances: Range; Refrigerator
Unit 1 Bath Description: Main Floor Full Bath
Unit 1 Cooling: Window
Unit 1 Dining Room Description: Separate/Formal Dining Rm
Unit 1 Special Search: Main Floor Bedroom
Unit 2 Appliances: Dishwasher; Range; Refrigerator
Unit 2 Bath Description: Upper Level Full Bath
Unit 2 Cooling: Window
Unit 2 Dining Room Description: Kitchen/Dining Room
Water: City Water/Connected

Listing Office: Coldwell Banker Realty

Last Updated: May - 22 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Saturday 23rd of May 2026 09:47 PM

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