Map
Listed price in listed location currency (USD).
$209,900

650

MLS® 6127016

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3120 sqft
Garage 
Taxes $3,536
Days Active 0
Lot Size 0 Acres
Approx. Age 1965
Avg. Price Per Sqft $67
MLS® Number 6127016

Property Address: 101 7th Ave W, Floodwood, MN, 55736-1212

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

Description

Awesome 4-plex on the main drag in Floodwood with freshly painted exterior and basement! Investor opportunity! Fully occupied four-unit apartment building with a strong rental history and excellent income potential. Current scheduled gross rents total $3, 700 per month ($44, 400 annually). Historical operating expenses indicate an estimated Net Operating Income (NOI) of approximately $33, 449 per year, resulting in an estimated 15.9% cap rate at the current asking price. Estimated cash flow analysis and income/expense summary are available upon request. One long-term tenant is currently paying below-market rent, providing additional upside potential for future income growth. Buyer to verify all financial information. The selling entity is owned by two licensed real estate professionals.
MLS® Number6127016
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1965
BasementFull
Driveway
Garage Spaces
HeatForced Air
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 28, 2026List Date
$209,900List Price
  • Commute

Commute

Starting Address
Destination Address
101 7Th Ave W, Floodwood, MN

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