$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

Sale Details

Date Sold: October 9, 2025

$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

8,276 Sq Ft Lot

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6783594

NorthstarMLS
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