540 W Stanton Avenue, Fergus Falls, MN
$110,000
2,361
Square feet
0.29
Acres
About 540 W Stanton Avenue
Unlock the Potential of This Value-Add Investment Opportunity: Whether you're stepping into real estate for the first time or expanding your rental portfolio, this versatile 2-unit property offers strong ROI potential for those skilled in renovation, maintenance, and repair. With tenants already vacated, the building is primed for updates and ready for your vision. Currently configured as a 1BR/1BA main floor apartment and a 2BR/1BA upper floor apartment. with room to grow by adding a studio-style unit in the lower level. Think big and consider converting the structure back into a single-family home on a double-wide lot for a profitable flip. Priced to sell in AS-IS condition, this low-cost property is a strategic entry point into real estate investment. Bonus: the seller has already paid the special assessment for the recently completed street reconstruction, saving you upfront costs. With the right approach, this could be the cornerstone of your next successful venture.
Features of 540 W Stanton Avenue
| MLS® # | 6786573 |
|---|---|
| Price | $110,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,361 |
| Acres | 0.29 |
| Year Built | 1913 |
| Type | Single Family |
| Sub-Type | Duplex |
| Style | Duplex Up and Down |
| Status | Active Contingent |
| Contingency Type | Sale of Another Property |
Community Information
| Address | 540 W Stanton Avenue |
|---|---|
| Subdivision | Mclanes Add |
| City | Fergus Falls |
| County | Otter Tail |
| State | MN |
| Zip Code | 56537 |
Amenities
| # of Garages | 1 |
|---|---|
| Garages | Gravel, Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Boiler |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Block |
Exterior
| Roof | Age Over 8 Years |
|---|---|
| Construction | Wood Siding |
School Information
| District | Fergus Falls |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $1,787 |
| Tax Year | 2025 |
| Office | Trilogy Real Estate |
Listing Details
| Office | Trilogy Real Estate |
|---|