$286,000
SOLD OCT 9, 2025

418 N 7th St Brainerd, MN 56401

7 Beds
4 Baths
2,941 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$97 Per Sq Ft

6% Above List Price

2 Days on Market

Highlights

  • Porch
  • Lowell Elementary School Rated A-
  • Hot Water Heating System

About This Home

As of October 2025

Investment opportunity in a desirable Brainerd neighborhood! This well-maintained fourplex features two spacious 2-bedroom units and two comfortable 1-bedroom units, offering a balanced rental mix to attract a variety of tenants.

The property has seen key updates, including all new windows throughout the building and a new water heater, providing efficiency. Tenants will appreciate the convenient location close to schools, parks, shopping, and downtown amenities.

With strong rental potential in a great neighborhood, this property is a smart addition to any investor’s portfolio.

Don’t miss this chance to own a solid income-producing property in a prime location!

Last Agent to Sell the Property

Shanna Perez-Davis

LPT Realty, LLC Listed on: 09/08/2025

LPT Realty, LLC

Last Buyer's Agent

Angelica Zierden

Structure Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,386

Year Built

  • Built in 1920

Parking

  • Shared Driveway

Home Design

  • Quadruplex

Interior Spaces

  • 2,941 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • Porch
  • Lot Dimensions are 60x140
  • Hot Water Heating System

Community Details

  • 4 Units
  • Town Of Brainerd & First Add Bra Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection
  • Assessor Parcel Number 41241100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,386

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2941
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Unfinished
  • Living Area: 2941
  • Owner Pays: Trash Collection
  • Basement YN: Yes
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Total Rooms: 4
  • Number Of Fireplaces: 0
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Asphalt
  • PatioPorchType: Porch

Garage/Parking

  • Parking Features: Gravel, Shared Driveway

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Fuel: Electric,Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: Brainerd
  • SchoolDistrictPhone: 218-454-6900

Lot Info

  • Lot Size: 60X140
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 4

Rental Info

  • Expenses: 13756.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 41241100
  • Tax Annual Amount: 3386
  • TaxWithAssessments: 4068.0000

Multi Family

  • TenantPays: Electricity
  • ElectricExpense: 636
  • FuelExpense: 5900
  • Resident Manager Expense: 1200
  • Number Of Refrigerators: Four

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2025 10/09/25 Sold $286,000 +6.3% $97 / Sq Ft
09/10/2025 09/10/25 Pending -- -- --
09/08/2025 09/08/25 For Sale $269,000 -- $91 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6783594

NorthstarMLS