1425 Maine Prairie Road, Saint Cloud, MN 56301

$470,000
Property Type: Multi-Family Bedrooms: 7 Baths: 4 Square Footage: 3,600 Lot Size (sq. ft.): 19,166 Status: Closed
Current Price: $470,000 List Date: 3/29/2025 Last Modified: 5/04/2026

Overview

Description

VA financing allows for purchasing a home with up to 4 units in it . . . This is your chance to get a multi-plex at a rational price, live in it a few years, and then buy another home with your invested equity. 2023 & 2024 income & expense reports available to licensed agents or with LOI and signed non-disclosure

Listing Details MLS# 6693854

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1966
Yearly/Seasonal
Yearly
Main Floor Total SqFt
1800
Above Ground SqFt
1800
Below Grd Total SqFt
1800
Total SqFt
3600
Foundation Size
1800
Style
(MF) Apartment
Total Finished Sqft
3600.00
Power Company
Xcel Energy
Garage Stalls
5
Lot Dimensions
135x180x83x170
Acres
0.44
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Patio Construction Materials: Block; Brick; Concrete Construction Status: Previously Owned Electric: 200+ Amp Service Exterior: Block; Brick/Stone Financing Terms: Conventional Fuel: Electric; Natural Gas Heating: Boiler; Radiant Internet Options: Cable Laundry: Common Area; In Basement; Laundry Room Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light; Underground Utilities Owner Pays: Exterior Maintenance; Heat; Hot Water; Insurance; Janitorial Service; Lawn; Maintenance/Repair; Pest Control; Repairs; Sewer; Snow Removal; Taxes; Trash Collection; Water Parking Characteristics: Parking Lot Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age Over 8 Years Sellers Terms: Cash; Conventional; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Wall Unit 2 Cooling: Wall Water: City Water/Connected

Contract Information

Off Market Date
2025-04-11
Contingency
None
Closed Date
2025-05-01
Original List Price
465000
ListPrice
465000
Sales Close Price
470000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1425
Street Name
Maine Prairie
Street Suffix
Road
Postal City
Saint Cloud
County
Stearns
State
MN
Zip Code
56301
Complex/Dev/Subdivision
Geneeve Add

Assessments

Tax With Assessments
4654
Assessment Balance
0

Basement

Foundation Dimensions
30*60

More Information

Building Information

Finished SqFt Above Ground
1800
Finished SqFt Below Ground
1800

Income and Expenses

Annual Caretaker Expense
Yes
Annual Electric Expense
Yes
Annual Fuel Expense
Yes
Annual Gross Expenses
35900
Annual Gross Income
42500
Annual Insurance Expense
Yes
Annual Maintenance Expense
Yes
Annual Repair Expense
Yes
Annual Trash Expense
Yes
Annual Water/Sewer Expense
Yes
Total Annual Expenses
35900

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
Yes
Parking Lot
Yes

Public Survey Info

Range#
28
Section#
15
Township#
124

Unit 1

Furnished?
No
Leased?
Yes
Unit Number
Yes
Annual Rent
1100
Finished SqFt
600
Full Baths
Yes
Monthly Expense
Yes
Monthly Rent
925
No. of Units Like This
3
Total Baths
Yes
Total Bedrooms
2
Total Rooms
4

Unit 2

Furnished?
No
Leased?
Yes
Unit Number
2
Annual Rent
850
Finished SqFt
600
Full Baths
Yes
Monthly Expense
Yes
Monthly Rent
710
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
3

Unit Details

Total Units
4

Office/Member Info

Association
SCAAR

Location, Tax and Other Information

Legal Description
15 -124 -028 LOT 4 LESS PART TO REICHERT BLK 1 GENEEVE ADD
Listing City
Saint Cloud
Map Page
230
Municipality
Saint Cloud
School District
St. Cloud
School District Phone
320-253-9333
Zip Plus 4
4085
Property ID Number
82471650000
Tax Year
2024
Tax Amount
4654
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
VA financing allows for purchasing a home with up to 4 units in it . . . This is your chance to get a multi-plex at a rational price, live in it a few years, and then buy another home with your invested equity. 2023 & 2024 income & expense reports available to licensed agents or with LOI and signed non-disclosure
Directions
25th Ave S, take a right on Maine Prairie Road and proceed to address.

Accessible

None
Yes

Amenities Shared

Patio
Yes

Construction Materials

Block
Yes
Brick
Yes
Concrete
Yes

Construction Status

Previously Owned
Yes

Electric

200+ Amp Service
Yes

Exterior

Block
Yes
Brick/Stone
Yes

Financing Terms

Conventional
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Boiler
Yes
Radiant
Yes

Internet Options

Cable
Yes

Laundry

Common Area
Yes
In Basement
Yes
Laundry Room
Yes

Lock Box Type

Combo
Yes

Lot Description

Public Transit (w/in 6 blks)
Yes
Tree Coverage - Light
Yes
Underground Utilities
Yes

Owner Pays

Exterior Maintenance
Yes
Heat
Yes
Hot Water
Yes
Insurance
Yes
Janitorial Service
Yes
Lawn
Yes
Maintenance/Repair
Yes
Pest Control
Yes
Repairs
Yes
Sewer
Yes
Snow Removal
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age Over 8 Years
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

No. of Ranges

Four
Yes

No. of Refrigerators

Four
Yes

Tenant Pays

Electricity
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Wall
Yes

Unit 2 Cooling

Wall
Yes
Listing Office: A Trompeter Realty
IDX
Last Updated: May - 04 - 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.