$489,900
PENDING $5M PRICE DROP

Estimated payment $2,922/month

Total Views 14,161
8 Beds
4 Baths
3,074 Sq Ft
$159 Price per Sq Ft

Highlights

  • Deck
  • 5 Car Detached Garage
  • Coin Laundry
  • Corner Lot
  • Baseboard Heating

About This Home

Exceptional investment opportunity with this fully renovated fourplex situated on approximately 1.5 acres in a desirable single-family neighborhood. As the only multifamily property in the area, this unique offering provides strong appeal for both investors and tenants. Currently operating as successful mid-term furnished rentals, each of the four units features 2 bedrooms, 1 updated bathroom, approximately 750–775 finished square feet, and can be sold fully furnished at no additional cost. Extensive capital improvements include a newer roof, fascia, soffit, and gutters (approximately 4 years old), nearly all windows replaced within the last 4 years, updated flooring, trim, paint, light fixtures, bathroom vanities, and remodeled bathrooms with new toilets throughout. Tenants enjoy fiber optic internet, premium Schlage Encode Plus keyless entry locks, shared laundry with two coin-operated washers and two coin-operated dryers, a fenced dog area, and reverse osmosis water filtration through Culligan. The property also offers five garage stalls, including one oversized 1.5-stall garage, providing excellent storage and parking flexibility or the option to rent out for additional income. Whether you continue operating furnished mid-term rentals, convert to traditional long-term leases, or explore other income-producing opportunities, this turnkey property is ready to generate immediate cash flow.

Listing Agent

Joel Friday

Keller Williams Classic Realty Listed on: 07/09/2026

Keller Williams Classic Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,632

Year Built

  • Built in 1960

Lot Details

  • Corner Lot
  • Few Trees

Parking

  • 5 Car Detached Garage

Home Design

  • Quadruplex
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 3,074 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Well

Listing and Financial Details

  • The owner pays for grounds care, repairs, snow removal, taxes, trash collection
  • Assessor Parcel Number 81432290300

Community Details

Overview

  • 4 Units
  • Meadowbrook Estates Two Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,632

Year Built

Built in 1960

Lot Details

1.47 Acres

Parking

5

Listing Details

  • Type: Residential Income
  • Standard Status: Pending
  • Property Subtype 1: Fourplex
  • Outside Features: Vinyl
  • Garage Spaces: 5
  • Accessibility Features: None
  • Water Source: Well
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 3074
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Living Area: 3074
  • Owner Pays: Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
  • Basement YN: Yes
  • Amenities: Other
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Shared Rooms: Other

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Foundation Details: Block
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached Garage, Gravel
  • Other Parking Spaces: 8

Utilities

  • Heating: Baseboard
  • Sewer: Tank with Drainage Field
  • Electric: Circuit Breakers
  • Fuel: Electric

Schools

  • Junior High Dist: St. Cloud
  • SchoolDistrictPhone: 3202539333

Lot Info

  • Topography: Level
  • Waterfront YN: No
  • Lot Size: 214*299
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 4

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 81432290300
  • Tax Annual Amount: 1632
  • TaxWithAssessments: 1632

Multi Family

  • TenantPays: Broadband, Cable TV
  • ElectricExpense: 14000
  • Resident Manager Expense: 770
  • Number Of Refrigerators: Four

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2026 $2,456 $231,500 $23,200 $208,300
2025 $2,456 $225,100 $0 $225,100
2024 $2,226 $218,500 $0 $218,500
2023 $1,632 $195,700 $48,900 $146,800
2022 $2,346 $175,300 $43,800 $131,500
2021 $2,306 $175,300 $43,800 $131,500
2020 $2,424 $171,200 $42,800 $128,400
2017 $2,542 $162,100 $40,500 $121,600
2016 $2,396 $0 $0 $0
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
09/14/2026 09/14/26 Pending -- -- --
08/24/2026 08/24/26 Price Changed $489,900 -5.8% $159 / Sq Ft
07/27/2026 07/27/26 Price Changed $519,900 -5.5% $169 / Sq Ft
07/09/2026 07/09/26 Price Changed $549,900 -90.0% $179 / Sq Ft
07/09/2026 07/09/26 For Sale $5,499,000 -- $1,789 / Sq Ft
Source: NorthstarMLS

About the Listing Agent

Joel Friday

Keller Williams Classic Realty

(833) 754-5770

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At its core, our mission statement is centered on helping you and your family achieve financial security and a lasting legacy through real estate investment. Here are some ways we can expand on that mission statement:

Building Wealth: Real estate is a proven way to build wealth over time. Property values tend to increase over the long term, and real estate investments can

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Source: NorthstarMLS

MLS Number: 7106770

NorthstarMLS

APN: 81-43229-0300

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