90
See all 90 photos
$200,000
Est. payment /mo
11 Beds
6 Baths
Active
516 7th AVE International Falls, MN 56649
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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
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