$675,000

Estimated payment $4,240/month

8 Beds
4 Baths
3,508 Sq Ft
$192 Price per Sq Ft

Highlights

  • Deck
  • 1-Story Property
  • Baseboard Heating

About This Home

Great income property in the heart of New Richmond, close to the parks and schools! This 4plex features 4- 2 bedroom 1 bath units, with 2 units on the main floor with balconies and 2 units on the lower level with walk outs. These units have been well maintained. All appliances transfer. If you're looking for an income property this is one you do NOT want to miss!

Listing Agent

Alison Blanchard

Compass Realty Group Listed on: 09/02/2026

Compass Realty Group

Co-Listing Agent

Bailey Blanchard

Compass Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,196

Year Built

  • Built in 1986

Parking

  • 1 Car Garage

Home Design

  • Quadruplex
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Deck
  • Cleared Lot
  • Baseboard Heating

Community Details

  • 4 Units
  • Southview Add Subdivision

Listing and Financial Details

  • The owner pays for grounds care, snow removal, trash collection
  • Assessor Parcel Number 261110150000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,196

Year Built

Built in 1986

Lot Details

0.53 Acres

Parking

1

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Fourplex
  • Outside Features: Stone, Vinyl
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 1762
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Living Area: 3508
  • Below Grade Finished Sq Ft: 1746
  • Owner Pays: Grounds Care, Snow Removal, Trash Collection
  • Basement YN: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Rooms: 5
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Rooms: 7

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Foundation Details: Other
  • PatioPorchType: Deck

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Electric

Schools

  • Junior High Dist: New Richmond
  • SchoolDistrictPhone: 7152437411

Lot Info

  • Waterfront YN: No
  • Lot Size: .536
  • Land Lease: No
  • Lot Features: Cleared
  • Additional Parcels: No
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 4

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 261110150000
  • Tax Annual Amount: 6196
  • TaxWithAssessments: 6196

Multi Family

  • TenantPays: Broadband, Electricity, Sewer, Water
  • Number Of Refrigerators: Four, One Per Unit

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $6,196 $421,100 $70,200 $350,900
2024 $60 $397,500 $70,200 $327,300
2023 $5,076 $381,900 $70,200 $311,700
2022 $4,910 $310,000 $70,200 $239,800
2021 $5,182 $310,000 $70,200 $239,800
2020 $5,343 $215,600 $49,700 $165,900
2019 $5,035 $215,600 $49,700 $165,900
2018 $5,030 $215,600 $49,700 $165,900
2017 $4,853 $215,600 $49,700 $165,900
2016 $4,853 $215,600 $49,700 $165,900
2015 $4,917 $215,600 $49,700 $165,900
2014 $4,810 $215,600 $49,700 $165,900
2013 $4,710 $215,600 $49,700 $165,900
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
09/02/2026 09/02/26 For Sale $675,000 +170.0% $192 / Sq Ft
03/06/2015 03/06/15 Sold $250,000 -2.0% $74 / Sq Ft View Prior Sale
02/28/2015 02/28/15 Pending -- -- --
08/22/2014 08/22/14 For Sale $255,000 -- $75 / 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
Quit Claim Deed -- --
Warranty Deed $250,000 Edina Realty Title Inc
Source: Public Records

Source: NorthstarMLS

MLS Number: 7137023

NorthstarMLS

APN: 261-1101-50-000

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