718 Polk StreetAnoka, MN 55303
$317,000
3 bedrooms · 4 bathrooms · 2,297 finished sq ft
About this home
**CASH-FLOWING PROPERTY W/ 3 KITCHENS** Welcome to this unique property conveniently located near the heart of downtown Anoka! The main level offers 3 bedrooms, 2 bathrooms, and the convenience of main-level laundry. The lower level features two separate studio-style units, each complete with its own kitchen and 3/4 bathroom, offering a flexible layout with a variety of possibilities. Enjoy easy access to downtown Anoka's shopping, dining, public transportation, and local amenities. Whether you're looking for additional living space or exploring potential rental opportunities, this property offers plenty of possibilities! Important Rental Disclosure: Buyer is responsible for verifying with the City of Anoka whether the lower-level units may legally be rented and obtaining all required approvals and licenses. The City of Anoka has rental license caps and restrictions, and any existing rental license does not transfer from seller to buyer. Rental use is not guaranteed and is subject to City approval and applicable regulations.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 1956
- Bedrooms
- 3
- Bathrooms
- 4
- Finished sq ft
- 2,297
- Garage
- 2 stalls
- Basement
- Block, Full, Partially Finished
- Heating
- Natural Gas, Baseboard
- Cooling
- Window Unit(s)
- Property taxes
- $3,217 a year
- Listed
- October 16, 2026
- MLS number
- 7161371
Listing courtesy of LPT Realty, LLC (Melissa Keane). MLS #7161371.
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How it compares
718 Polk Street, Anoka, MN 55303 is a 3-bedroom single-family home built in 1956, listed for $317,000 on October 16, 2026 by LPT Realty, LLC. That is in the middle range of the 24 single-family homes for sale in Anoka right now (median $327,400; $138 per square foot here against $182 for the group). That works out to $138 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Anoka community guideSchools, commutes, parks, home values and local stories.
- Anoka housing market, September 2026Homes sold for a median $345,000 over 12 months (+2.7%), 39 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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