$325,000
$369,900
12.1%For more information regarding the value of a property, please contact us for a free consultation.
1.37 Acres Lot
SOLD DATE : 10/16/2026
Key Details
Sold Price $325,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Auditors Sub
MLS Listing ID 7048465
Sold Date 10/16/26
Year Built 1995
Annual Tax Amount $2,188
Tax Year 2025
Contingent None
Lot Size 1.369 Acres
Lot Dimensions 220X330
Property Description
Got Rent? Come have a look at this great opportunity in Stephen MN. The property has been renovated to a high level, offers solid income with a strong cap rate. This is one you may want to consider adding to your income stream portfolio as it offers a steady income with a history of low turnover and high occupancy since current owner has taken over! The building features 7 1-bedroom units as well as 1 2-bedroom unit, coin operated laundry and units are metered separately. If you are an investor looking to grow your empire you'll want to take a closer look at this one. Give us a call for additional information.
Location
State MN
County Marshall
Zoning Residential-Multi-Family
Rooms
Basement None
Interior
Heating Baseboard, Forced Air
Cooling Wall Unit(s)
Fireplace No
Exterior
Parking Features Parking Lot
Garage Spaces 1.0
Utilities Available Electric Separate
Roof Type Age Over 8 Years
Present Use Residential
Building
Lot Description Tree Coverage - Light
Story One
Foundation 5000
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Frame
New Construction false
Schools
School District Stephen-Argyle Central Schools
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