$425,000

12 Linney St Babbitt, MN 55706

Estimated payment $2,614/month

Total Views 6,860
8 Beds
4 Baths
3,460 Sq Ft
$123 Price per Sq Ft

Highlights

  • Deck
  • Lower Floor Utility Room
  • Patio
  • Corner Lot
  • Fireplace
  • Forced Air Heating System

About This Home

OUTSTANDING 4-PLEX INVESTMENT OPPORTUNITY IN THE HEART OF BABBITT! Well-maintained multi-family property offering an excellent opportunity for investors or an owner-occupant looking to build equity while rental income helps offset expenses. The spacious owner’s unit provides comfortable living space, while the additional units and detached garages offer strong income potential.

Numerous recent improvements include new roofs on both buildings, updated siding, fresh exterior paint, newer windows, and additional updates throughout. Tenants have access to a shared laundry area, while the owner’s unit features private laundry and a cozy gas fireplace.

The property is conveniently located near lakes, parks, snowmobile and ATV trails, and year-round outdoor recreation, making it an attractive location for renters and outdoor enthusiasts.

Whether you're looking to house-hack and have tenants help with the mortgage or add a solid income-producing property to your investment portfolio, this 4-plex offers flexibility, desirable improvements, and long-term potential. Don't miss this opportunity to own income-producing real estate in Babbitt!

Listing Agent

Chessica Olson

Anchor Realty Listed on: 08/26/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,290

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 200x188
  • Corner Lot

Parking

  • 12 Car Garage

Home Design

  • Quadruplex
  • Block Foundation
  • Frame Construction
  • Block Exterior
  • Vinyl Siding
  • Cement Board or Planked

Interior Spaces

  • 3,460 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Lower Floor Utility Room
  • Laundry on main level

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • 200+ Amp Service
  • Propane

Listing and Financial Details

  • The owner pays for exterior maintenance, HVAC maintenance, grounds care, repairs, snow removal
  • Assessor Parcel Number 105008000054

Community Details

Overview

  • 4 Units
  • Babbitt Lands In The City Subdivision

Amenities

  • Community Deck or Porch
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,290

Year Built

Built in 1977

Lot Details

1.1 Acres

Parking

12

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Fourplex
  • Outside Features: Cement Board, Vinyl
  • Garage Spaces: 12
  • Accessibility Features: Other
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned, Deck
  • Year Built: 1977
  • Above Grade Finished Sq Ft: 3460
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 3460
  • Owner Pays: Exterior Maintenance, HVAC Maintenance, Grounds Care, Repairs, Snow Removal
  • Basement YN: No

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: None
  • Foundation Details: Block
  • PatioPorchType: Deck, Patio

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Lower Level, Main Level
  • Electric: 200+ Amp Service
  • Fuel: Electric, Propane

Schools

  • Junior High Dist: St. Louis County
  • SchoolDistrictPhone: 2187498130

Lot Info

  • Waterfront YN: No
  • Lot Size: 200x188
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block, Concrete, Frame
  • Units Total: 4

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 105008000054
  • Tax Annual Amount: 4290
  • TaxWithAssessments: 4530

Multi Family

  • TenantPays: All Utilities
  • Number Of Refrigerators: Four

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,530 $221,100 $17,200 $203,900
2024 $4,530 $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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2026 08/26/26 For Sale $425,000 +84.8% $123 / 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: NorthstarMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $230,000 Northwest Title
Warranty Deed $162,500 Northeast Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $225,834 FHA
Previous Owner $171,000 Fannie Mae Freddie Mac
Previous Owner $130,000 Purchase Money Mortgage
Source: Public Records

Source: NorthstarMLS

MLS Number: 7133459

NorthstarMLS

APN: 105-0080-00054

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