516 7th AVE, International Falls, MN 56649
516 7th AVE, International Falls, MN 56649
516 7th AVE, International Falls, MN 56649
516 7th AVE, International Falls, MN 56649
516 7th AVE, International Falls, MN 56649
516 7th AVE, International Falls, MN 56649
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Paul Erickson

Paul Erickson

+1(507) 430-2343
$ 200,000
Est. payment | /mo

11 Beds

6 Baths

Save
$ 200,000
Est. payment | /mo
Save

11 Beds

6 Baths

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision International Falls

MLS Listing ID 7041697

Bedrooms 11

Year Built 1910

Annual Tax Amount $1,258

Tax Year 2025

Contingent None

Lot Dimensions 75x140

Property Description

Strong income-producing opportunity featuring a 4-unit multifamily building plus a separate 3-bedroom, 1.5-bath single-family home—all being sold together. With 4 of the 5 total units currently rented and vacant unit #1 undergoing renovations, this property offers immediate cash flow with additional upside upon completion. Originally a church with a pastor's residence, the main building was converted into four rental units while still showcasing unique architectural character. The unfinished third level with vaulted ceilings provides excellent potential for additional unit(s), expanded living space, or increased rental income. The accompanying single-family home adds flexibility for owner-occupancy, additional rental revenue, or on-site management. Ideal for investors or house hackers looking to expand their portfolio with a versatile multi-unit property offering multiple income streams, value-add potential, and long-term growth. Owner is a licensed real estate agent in the state of Minnesota.

Location

State MN

County Koochiching

Zoning Residential-Multi-Family

Interior

Heating Boiler, Forced Air

Inclusions Building, Land, Leases

Fireplace No

Exterior

Parking Features Attached Garage

Garage Spaces 3.0

Utilities Available Electric Separate

Roof Type Asphalt,Metal

Present Use Residential

Building

Foundation 2368

Sewer City Sewer/Connected

Water City Water/Connected

New Construction false

Schools

School District International Falls

Listed by Riley Lind • eXp Realty

Schools and Properties Nearby

Paul Erickson

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(507) 430-2343

paul@erickson.realestate

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516 7th AVE