1601 4th Ave International Falls, MN 56649
Estimated payment $2,272/month
Highlights
- No HOA
- Hot Water Heating System
- Wood Siding
- 2 Car Detached Garage
About This Home
Introducing a rare opportunity to own a beautifully preserved Craftsman-style 4-plex, offering both timeless elegance and strong investment potential. This meticulously maintained property features four distinct apartments—ranging from a cozy 1BR/1BA to a spacious 3BR/2BA—all with a solid rental history and impressive care throughout. Rich in character, the home showcases traditional details like built-ins, custom cabinetry, tin ceilings, butcher block counters, hardwood floors, intricate moldings, built-in buffets, and charming enclosed porches. Each unit boasts a private entrance, move-in-ready condition, and unique touches that reflect the home's storied past. Whether you continue its success as a multi-unit investment or restore it to its original grandeur as a single-family residence, the possibilities here are exceptional. Additional perks include income from a coin-op laundry, extra tenant storage, a lower-level rec room perfect for private gatherings, and an owner’s garage.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,080
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 250.00 x 125.00
Parking
- 2 Car Detached Garage
Home Design
- Quadruplex
- Poured Concrete
- Wood Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Cement Board or Planked
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Basement
- Partial Basement
- Apartment Living Space in Basement
Utilities
- Hot Water Heating System
- Heating System Uses Propane
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 9212906230
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,150 | $295,900 | $19,700 | $276,200 |
| 2023 | $4,586 | $295,900 | $19,700 | $276,200 |
| 2022 | $3,722 | $254,800 | $23,600 | $231,200 |
| 2021 | $3,162 | $213,800 | $36,000 | $177,800 |
| 2020 | $3,028 | $199,600 | $21,800 | $177,800 |
| 2019 | $3,076 | $195,200 | $21,800 | $173,400 |
| 2018 | $2,950 | $203,900 | $21,800 | $182,100 |
| 2017 | $2,486 | $203,900 | $21,800 | $182,100 |
| 2016 | $2,560 | $195,200 | $21,800 | $173,400 |
| 2015 | $1,212 | $195,200 | $21,800 | $173,400 |
| 2014 | -- | $111,900 | $24,000 | $87,900 |
| 2013 | -- | $101,700 | $21,800 | $79,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2025 08/30/25 | Price Changed | $350,000 | -17.6% | $60 / Sq Ft |
| 06/02/2025 06/02/25 | For Sale | $425,000 | -- | $73 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $50,000 | Unknown | |
| Closed | $109,500 | New Conventional |
Source: Lake Superior Area REALTORS®
MLS Number: 6119770
APN: 92-129-06230
