$375,000
$25K PRICE DROP

Estimated payment $2,350/month

Total Views 1,624
7 Beds
4 Baths
3,947 Sq Ft
$95 Price per Sq Ft

Highlights

  • Corner Lot
  • Laundry Room
  • Baseboard Heating
  • Front Porch
  • Forced Air Heating System
  • Coin Laundry

About This Home

Don't miss this exceptional income-producing property situated just a short walk from St. Cloud State University, Lake George, and downtown's restaurant scene. With strong curb appeal and 12 off-street parking spaces, this property checks the boxes investors and tenants both look for.
This well-maintained fourplex offers a mix of updated, move-in-ready units alongside additional units with upside potential, allowing a new owner to add value and grow rents over time.
The main level 3-bedroom unit has been fully renovated and features custom built-ins, luxury vinyl plank flooring throughout, an updated kitchen with new appliances, a spacious living room, an updated bathroom, and fresh paint throughout. The lower level 2-bedroom unit has also seen recent updates, including new luxury vinyl plank flooring, fresh paint and drywall, new flooring in one bedroom, and updated lighting fixtures.
Rounding out the property are an upper level 1-bedroom unit and a main level 1-bedroom unit, both offering excellent opportunity for cosmetic improvements to boost rental income further.
Building-wide improvements add peace of mind and reduce deferred maintenance, including a new furnace and ductwork servicing all units, a new water heater, and updated keypad entry systems on every unit. The basement includes a dedicated owner's storage room, additional tenant storage, and a shared coin-operated laundry room providing supplemental income.
With its unbeatable location near campus, the lake, and downtown amenities, combined with a blend of updated units and value-add opportunities, this property is a must-see for any investor looking to expand their portfolio.

Listing Agent

Bethany Nelson

Keller Williams Premier Realty Lake Minnetonka Listed on: 06/17/2026

Keller Williams Premier Realty Lake Minnetonka

Co-Listing Agent

Jordan Hinman

Keller Williams Premier Realty Lake Minnetonka

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,894

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 83 x 135
  • Corner Lot
  • Few Trees

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Front Porch

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 82447610000

Community Details

Overview

  • 4 Units
  • A A Browns Add Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,894

Year Built

Built in 1940

Lot Details

0.25 Acres

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Fourplex
  • Outside Features: Wood
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned, Porch
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 2708
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Full
  • Living Area: 3947
  • Below Grade Finished Sq Ft: 1239
  • Basement YN: Yes
  • Amenities: Main Floor Primary Bedroom
  • Appliances: Range, Refrigerator
  • FamilyRoomRoomFeatures: Family Room, Main Level
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Range, Refrigerator
  • Number Of Fireplaces: 1
  • Appliances: Range, Refrigerator
  • Total Rooms: 3
  • Appliances: Dishwasher, Range, Refrigerator
  • Total Rooms: 4
  • FamilyRoomRoomFeatures: Family Room

Beds/Baths

  • Total Bedrooms: 7

Exterior Features

  • Roof: Asphalt
  • Foundation Details: Block
  • PatioPorchType: Front Porch, Side Porch

Garage/Parking

  • Parking Features: Paved Lot, Open

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Common Area, Laundry Room
  • Fuel: Electric, Natural Gas

Schools

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

Lot Info

  • Waterfront YN: No
  • Lot Size: 83 X 135
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 4

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 82447610000
  • Tax Annual Amount: 3894
  • TaxWithAssessments: 3894

Multi Family

  • 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
2025 $4,754 $259,000 $40,000 $219,000
2024 $3,894 $235,900 $40,000 $195,900
2023 $3,830 $235,900 $40,000 $195,900
2022 $3,052 $172,000 $40,000 $132,000
2021 $3,206 $172,000 $40,000 $132,000
2018 $2,936 $156,000 $40,000 $116,000
2017 $7,304 $156,000 $40,000 $116,000
2016 $6,230 $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 Prior Sale
06/29/2026 06/29/26 Price Changed $375,000 -6.3% $95 / Sq Ft
06/17/2026 06/17/26 For Sale $400,000 +33.3% $101 / Sq Ft
07/15/2024 07/15/24 Sold $300,000 -6.2% $76 / Sq Ft View Prior Sale
05/24/2024 05/24/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $319,900 +6.7% $81 / Sq Ft
09/21/2023 09/21/23 Price Changed $299,900 -4.0% $76 / Sq Ft
08/29/2023 08/29/23 For Sale $312,500 0.0% $79 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $312,500 0.0% $79 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $312,500 +4.2% $79 / Sq Ft
03/14/2023 03/14/23 Off Market $300,000 -- --
03/03/2023 03/03/23 Price Changed $312,500 -2.3% $79 / Sq Ft
02/02/2023 02/02/23 For Sale $319,900 -- $81 / Sq Ft
Source: NorthstarMLS

Purchase 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 Type Sale Price Title Company
Deed $300,000 --
Warranty Deed $180,000 Misc Company
Source: Public Records

Source: NorthstarMLS

MLS Number: 7087061

NorthstarMLS

APN: 82-44761-0000

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