Estimated payment $1,452/month
About This Home
Your real estate portfolio has been looking mighty lonely as of late. This historic beauty will make a fine addition! Situated on an oversized lot, Lakeview Apartments is a six unit building with an attached four-car garage, green space, and ample parking. Each apartment features one bedroom, one bathroom, character rich wood trim, original doors, and cozy features while still allowing for the comfort of modern living. Tenant storage units available for rent on the lower level and coin laundry simply add to your cash flow. This building is 100% occupied with long-term tenants and checks every box a seasoned or novice investor might have. Seller financing considered.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,795
Year Built
- Built in 1926
Lot Details
- 6,970 Sq Ft Lot
Home Design
- Concrete Foundation
Interior Spaces
- 2,001 Sq Ft Home
- 2-Story Property
- Oven or Range
- Unfinished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- 4 Car Garage
- Gravel Driveway
Utilities
- Window Unit Cooling System
- Hot Water Heating System
Community Details
- 4,060 Sq Ft Building
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 | $2,614 | $76,500 | $14,000 | $62,500 |
| 2023 | $2,777 | $76,000 | $14,000 | $62,000 |
| 2022 | $2,475 | $71,000 | $14,000 | $57,000 |
| 2021 | $1,978 | $59,000 | $14,000 | $45,000 |
| 2020 | $1,944 | $58,500 | $14,000 | $44,500 |
| 2019 | $1,807 | $53,500 | $14,000 | $39,500 |
| 2018 | $1,788 | $53,500 | $14,000 | $39,500 |
| 2017 | $2,312 | $75,000 | $21,000 | $54,000 |
| 2016 | $2,651 | $106,500 | $21,000 | $85,500 |
| 2015 | $2,605 | $106,500 | $0 | $0 |
| 2014 | $2,605 | $125,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | Price Changed | $219,900 | -8.3% | $110 / Sq Ft |
| 04/02/2025 04/02/25 | Price Changed | $239,900 | -4.0% | $120 / Sq Ft |
| 03/03/2025 03/03/25 | Price Changed | $249,900 | -5.7% | $125 / Sq Ft |
| 02/05/2025 02/05/25 | For Sale | $265,000 | +10.5% | $132 / Sq Ft |
| 10/29/2021 10/29/21 | Sold | -- | -- | -- |
| 09/29/2021 09/29/21 | Pending | -- | -- | -- |
| 09/28/2021 09/28/21 | For Sale | $239,900 | -- | $80 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $161,000 | New Conventional | |
| Previous Owner | $577,800 | Commercial | |
| Previous Owner | $163,500 | Future Advance Clause Open End Mortgage |
Source: Minot Multiple Listing Service
MLS Number: 250236
APN: MI-13201-000-001-0
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