114 Main St NW Bethel, MN 55005
Property details
About 114 Main St NW
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!
Highlights
Summary
- Basement: No
- Garage Space: 3 spaces
- Attached Garage: No
- Parking: Detached, Gravel, Garage Door Opener, Guest Parking, Insulated Garage, More Parking Onsite for Fee, Storage
- Heating: Baseboard, Steam
- List Price: $479,900
- Price/SqFt: $152
- Annual Tax Amount: $4,384
- Tax Year: 2024
- 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.
- Year Built: 1945
- Living Area: 3,152 SqFt
- MLS Number: 6727165
- MLS Name: NORTHSTAR
- Office Name: Fuze Real Estate
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 15, 2023 | Home Sold | $415,000 |
| Jan 22, 2019 | Home Sold | $350,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $359,100 | $4,384 |
| 2023 | $374,600 | $3,597 |
| 2022 | $339,800 | $3,726 |
| 2021 | $291,800 | $3,100 |
| 2018 | $117,758 | $1,557 |
| 2017 | $105,223 | $1,485 |
History based on county public records data.
Nearby schools
4
East Bethel Elementary School
Public District KG-5
3.5 mi
•21210 Polk St NE
6
Cedar Creek Elementary School
Public District KG-5
3.7 mi
•21108 Polk St NE
9
St. Francis Elementary School
Public District KG-5
5.0 mi
•22919 Saint Francis Blvd NW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $78,977. Typical income of Bethel, MN residents is between $35k-100k annually. Typical family type is married, with kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
College Football
Soccer
Extreme Sports
Where do the neighbors shop?
Best Buy
Old Navy
Academy Sports & Outdoors
Where do the neighbors go to eat?
Texas Roadhouse
Jimmy Johns
Little Caesars
What do the neighbors drive?
Ram
GMC
Chevrolet
What do the neighbors listen to?
Contemporary Christian
New Country
Country
Frequently asked questions
About 114 Main St NW
The listing price of 114 Main St NW property is $479,900.
The property 114 Main St NW is a multi located in Bethel, Minnesota, 55005.
Active Listing: 114 Main St NW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 114 Main St NW are: East Bethel Elementary School (GreatSchools Rating 4/10), Cedar Creek Elementary School (GreatSchools Rating 6/10), St. Francis Elementary School (GreatSchools Rating 9/10), St. Francis Middle School (GreatSchools Rating 2/10), Isanti Middle School (GreatSchools Rating 4/10), Star of the North Academy Charter S (GreatSchools Rating 4/10), St. Francis High School (GreatSchools Rating 8/10), Saints Online (GreatSchools Rating 5/10), Saints Academy (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $4,384 (source: MLS/based on county public records data).
The last sale was on June 15, 2023 for $415,000 (source: MLS/tax record).
The property 114 Main St NW is 3,152 SqFt (source: MLS/tax record).
The year of construction for 114 Main St NW is 1945.
This home is located at 114 Main St NW in Bethel, MN and zip code 55005. This 3,152 square foot home was built in 1945. Features: 0 bathroom. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $479,900.
While more than 5 listings in Bethel, MN in June 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. The inventory of homes for sale in Bethel, MN between May and June 2025 increased by 9.1%. The median list price of listings available in June 2025 was $390,000, while the average time on the real estate market was 17 days.