12 Linney St Babbitt, MN 55706
Estimated payment $2,714/month
Highlights
- Deck
- Ceiling Fan
- Washer and Dryer
- Patio
- Garage
- Heating System Uses Gas
About This Home
Excellent multi-family opportunity in the heart of Babbitt! This well-maintained 4-plex offers incredible flexibility — live in the spacious owner’s unit while generating income from the additional three units and detached garages, or utilize the entire property as a strong investment opportunity. The property features numerous updates, including a new roof on both buildings, new siding, and fresh paint, giving you peace of mind on major components. Tenants enjoy a shared laundry room, while the owner’s unit offers private laundry facilities and a beautiful gas fireplace for added comfort and charm. Additional updates include newer windows and other key improvements throughout. Located close to lakes, parks, and recreational trails, this property combines strong income potential with an attractive location. Whether you're looking to offset your mortgage with rental income or expand your investment portfolio, this property offers outstanding upside potential. Opportunities like this
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,530
Year Built
- Built in 1977
Lot Details
- Lot Dimensions are 200 x 190
Home Design
- Quadruplex
- Asphalt Roof
- Hardboard
- Vinyl Construction Material
Interior Spaces
- 3,460 Sq Ft Home
- Ceiling Fan
- Washer and Dryer
Parking
- Garage
- Parking Lot
Outdoor Features
- Deck
- Patio
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
Community Details
- 4 Units
- Gross Income $47,040
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,880 | $224,100 | $17,200 | $206,900 |
| 2023 | $3,880 | $208,400 | $17,200 | $191,200 |
| 2022 | $2,794 | $155,900 | $15,100 | $140,800 |
| 2021 | $2,972 | $126,500 | $13,000 | $113,500 |
| 2020 | $2,918 | $133,200 | $13,000 | $120,200 |
| 2019 | $2,866 | $133,200 | $13,000 | $120,200 |
| 2018 | $2,890 | $133,200 | $13,000 | $120,200 |
| 2017 | $2,764 | $133,200 | $13,000 | $120,200 |
| 2016 | $2,280 | $133,200 | $13,000 | $120,200 |
| 2015 | $2,161 | $144,400 | $11,000 | $133,400 |
| 2014 | $2,161 | $120,200 | $9,200 | $111,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/14/2026 03/14/26 | For Sale | $449,000 | +95.2% | $130 / Sq Ft | |
| 04/01/2022 04/01/22 | Sold | $230,000 | -7.6% | $67 / Sq Ft | View Prior Sale |
| 12/22/2021 12/22/21 | Pending | -- | -- | -- | |
| 09/03/2021 09/03/21 | For Sale | $249,000 | -- | $72 / Sq Ft |
Source: Range Association of REALTORS®
MLS Number: 149615
APN: 105-0080-00054
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