1 of 14

This home will be available soon!

114 Main Street NW

Bethel, MN 55005

– beds
– baths
3,152 sqft
$152 per sqft
1945 build
– on site

Incredible investment opportunity in Bethel! This fully rented triplex brings in $4,482/month: Unit 1 rents for $1,387, Unit 2 for $1,350, Unit 3 for $1,250, and the garage/storage area for $495. The owner invested approximately $100,000 in improvements, including full electrical rewiring, new panels, a full remodel of Unit 2, and more—all completed with permits and inspections in collaboration with the City of Bethel. Siding was replaced in 2023, the roof is only 4 years old, and all windows have been replaced (except Unit 1). Each unit has access to the side yard, and two units enjoy private decks. The garage features a large second story and a third stall—offering strong potential to add a fourth unit (subject to city approval). Strong rental income with relatively low expenses makes this a solid opportunity to grow your portfolio. Don’t miss out!

Listing courtesy of NORTHSTAR / Marcos De Filippo / Fuze Real Estate

Last checked: Checking… • Last updated Jun 27, 2025 •

MLS# 6727165 —

The Building

Year Built:

1945
New Construction:

false
Age Of Property:

80
Construction Materials:

Vinyl Siding
Construction Materials Desc:

Concrete,Frame
Roof:

Age 8 Years or Less, Asphalt
Accessibility Features:

None
Levels:

Modified Two Story
Main Level Finished Area:

2298.0000
Basement:

Crawl Space
Basement:

false
Foundation Area:

2298
Building Area Total:

3152
Above Grade Finished Area:

3152

Room Dimensions

Living Area:

3152

Location

Directions:

MN-65 N/Central Ave NE, west onto 237th Ave NE, right (north) onto University Ave Extended, left onto Main St, destination on the left.
Latitude:

45.40347
Longitude:

-93.267409

The Property

Parcel Number:

253424410051
Property Type:

Residential Income
Property Subtype:

Triplex
Additional Parcels:

false
Lot Size Area:

0.24
Lot Size Dimensions:

125x140
Lot Size Units:

Acres
Topography:

Level
Road Frontage Type:

City Street
Road Responsibility:

Public Maintained Road
Fencing:

Partial, Wood
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

4357
Tax With Assessments:

4404.5400

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Baseboard, Boiler

Utilities

Electric:

Circuit Breakers, 200+ Amp Service
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Three

Schools

High School District:

St. Francis

The Community

Subdivision Name:

Bethel
Association Amenities:

Laundry, Coin-op Laundry Owned, Porch
Assessment Pending:

Yes

Parking

Parking Features:

Detached, Gravel, Garage Door Opener, Guest Parking, Insulated Garage, More Parking Onsite for Fee, Storage
Garage Spaces:

3
Garage SqFt:

864

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
6/26/25 Jun 26, 2025	Coming Soon	NORTHSTAR	$479,900	15.6% (7.6% / YR)
5/2/24 May 2, 2024	Listed / Active	NORTHSTAR
5/1/24 May 1, 2024	Coming Soon	NORTHSTAR

Multifamily

$479,900

Listing provided by broker:

Marcos De Filippo

Fuze Real Estate

More homes

Newest listings in Bethel, MN

Similar sold homes

This multifamily is located in Bethel, MN 55005. 114 Main Street NW is a 3,152 square foot multifamily with – beds and – baths that has been on Estately for 0 days.

Listing Courtesy of: NORTHSTAR and Fuze Real Estate.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.