429 2nd Avenue E, Shakopee, MN 55379

$344,990
4
BD
2
BA
1,784
SqFt

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List Price
$344,990
Price Change
▼ $15,000 1785438088
MLS#
7048779
Status
ACTIVE
Type
Multifamily
Style
(MF) Duplex Up and Down
Bedrooms
4
Bathrooms
2
Living Area
1,784
Acres
10019
Subdivision
City Of Shakopee
Year Built
1885

Property Description

HOUSE HACK ALERT! Let your tenant help pay the mortgage! This move-in-ready duplex just a few blocks from downtown Shakopee is one of the smartest ways to own in the southwest metro. Live in one unit, rent the other, and put someone else's rent check toward your housing payment every month. With 2-bedroom rents in the area running around $1,500, the second unit can offset a large share of your monthly payment, meaning your true out-of-pocket cost to live here could be a fraction of a comparable single-family mortgage. That's the kind of deal first-time buyers and investors dream about. Both units are vacant, freshly painted, and carpeted, with separate electric meters to keep the rental math clean. The main-level unit offers two bedrooms, a full bath with tub-shower and tile surround, and an eat-in kitchen with white cabinets, a stainless double sink, and in-unit stacked laundry. The upper unit also has two bedrooms, white shaker cabinets, stone-look counters, a gas range, a private full bath, and a knotty-pine living room that adds real warmth. Outside you have a classic covered front porch, a detached two-car garage off the alley, gravel parking, and a big yard under mature maples on a deep, tree-shaded lot. Walkable to Shakopee shops and restaurants, with quick access to Hwy 169, Canterbury Park, and the Minnesota River. Bring your vision, some sweat equity and build real cash flow and let this property work for you. Live for less, or rent both in a steady rental market. Opportunities like this don't last!

Additional Information

School District
Shakopee
Tax Year
2025
Fuel
Electric, Natural Gas
Sewer
City Sewer/Connected
Heating
Baseboard, Forced Air
Water
City Water/Connected
Basement
Partial
Parking
Detached Garage
Garage Spaces
2

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Listing courtesy of RE/MAX Results.

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