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106 E 5th Street, Starbuck, MN 56381

$139,900

Property Type: Multi-Family Bedrooms: 2 Baths: 3 Square Footage: 2,260 Lot Size (sq. ft.): 3,049 Status: Active

Current Price: $139,900 List Date: 5/06/2026 Last Modified: 7/04/2026

Overview

Description

Opportunity to own a cash-flowing triplex in Starbuck. The most recent rents were ~$700 per unit. This property offers an attractive entry point for investors looking for solid returns. Each unit provides functional living space with consistent rental demand, making this a great option for both new and seasoned investors. Additional upside potential exists through rent increases, expense optimization, or light value-added improvements. Whether you're building your portfolio or looking for a 1031 exchange opportunity, this property checks the boxes for affordability, income, and long-term growth. Don’t miss your chance to secure a low-cost, income-producing asset with strong fundamentals.

Listing Details MLS# 7068121

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1940
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1100
Above Ground SqFt: 1760
Below Grd Total SqFt: 500
Total SqFt: 2260
Foundation Size: 1100
Style: (MF) Triplex
Total Finished Sqft: 1760.00
Lot Dimensions: 20x145x20x145
Acres: 0.07
Assessment Pending: Yes
Garage Stalls: 0

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: Concrete Block; Unfinished Construction Status: Previously Owned Exterior: Fiber Board; Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Parking Characteristics: Driveway - Shared; Other Sellers Terms: Cash; Conventional; FHA; VA; Other Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 149900
ListPrice: 139900
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 106
Street Direction Prefix: E
Street Name: 5th
Street Suffix: Street
Postal City: Starbuck
County: Pope
State: MN
Zip Code: 56381
Complex/Dev/Subdivision: Starbuck City

Assessments

Assessment Balance: 415
Tax With Assessments: 1546

Basement

Foundation Dimensions: 55x20
Concrete Block: Yes
Unfinished: Yes

More Information

Building Information

Finished SqFt Above Ground: 1760

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 39
Section#: 25
Township#: 125

Unit 1

Furnished?: No
Leased?: No
Unit Number: Yes
3/4 Baths: Yes
Finished SqFt: 550
No. of Units Like This: 2
Total Baths: Yes
Total Rooms: Yes

Unit 2

Furnished?: No
Leased?: No
Unit Number: 2
Finished SqFt: 650
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 3

Unit Details

Total Units: 3

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: E 21 FT OF LOT 8 BLOCK 53
Listing City: Starbuck
Map Page: 999
Municipality: Starbuck
School District: Minnewaska
School District Phone: 320-239-4820
Property ID Number: 270327000
Tax Year: 2026
Tax Amount: 1131
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Opportunity to own a cash-flowing triplex in Starbuck. The most recent rents were ~$700 per unit. This property offers an attractive entry point for investors looking for solid returns. Each unit provides functional living space with consistent rental demand, making this a great option for both new and seasoned investors. Additional upside potential exists through rent increases, expense optimization, or light value-added improvements. Whether you're building your portfolio or looking for a 1031 exchange opportunity, this property checks the boxes for affordability, income, and long-term growth. Don’t miss your chance to secure a low-cost, income-producing asset with strong fundamentals.
Directions: From E 7th ave turn left onto N Main st. Continue for 2 block and turn left onto E 5th ave. Property is 3rd on your left.

Accessible

None: Yes

Assumable Loan

Not Assumable: Yes

Construction Status

Previously Owned: Yes

Exterior

Fiber Board: Yes
Vinyl: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Parking Characteristics

Driveway - Shared: Yes
Other: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Other: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

Income and Expenses

Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Net Income: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

Listing Office: RE/MAX Results

Last Updated: July - 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.