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Listed price in listed location currency (USD).
$399,000

880

MLS® 7083985

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage 
Taxes $5,068
Days Active 1
Lot Size 
Approx. Age 1997
MLS® Number 7083985

Property Address: 30 Graceson Ave S, Akeley, MN, 56433-8163

Average square foot calculated using Size range provided by listing agent.

Description

Investment opportunity in the heart of Akeley! This well-maintained 8-unit apartment complex offers an excellent chance to own a fully occupied income-producing property in one of northern Minnesota's most desirable lake regions. Situated on a convenient half-acre city lot, the property features eight 1-bedroom, 1-bath units with updated flooring, spacious layouts, city water and sewer, separate electric service, and ample off-street parking. Tenants enjoy easy access to downtown Akeley, Walker, Leech Lake, and the area's endless outdoor recreation opportunities including boating, fishing, ATV trails, snowmobiling, hunting, and public land access. The property is located just minutes from local restaurants, shopping, parks, and area employers, making it an attractive housing option year-round. The building consists of approximately 7, 200 finished square feet and has demonstrated strong rental demand with stable occupancy. Utilities are separately metered for electric, while the property benefits from low-maintenance vinyl siding and a straightforward management structure. Whether you're looking to expand your investment portfolio or acquire a turnkey multifamily asset in a growing recreational market, this property delivers immediate cash flow and long-term upside potential. Financial information available upon request.
MLS® Number7083985
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1997
BasementNone
DrivewayGravel, Guest Parking, On-Street Parking Only
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 2, 2026List Date
$399,000List Price
Apr 11, 2025End Date
$367,000Sold Price

Sold

Dec 12, 2024List Date
$368,900List Price
  • Commute

Commute

Starting Address
Destination Address
30 Graceson Ave S, Akeley, MN

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