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    Hibbing, MN Buhl, MN Nashwauk, MN Iron, MN Keewatin, MN Britt, MN Mountain Iron, MN Side Lake, MN
    Remodeled Historic Apartment Building
    Updated: Jul 3
    Remodeled Historic Apartment Building

    400-408 1st Ave. SW, Chisholm, MN 55719

    Contact for pricing
    33,778 sqft
    33,778‑square‑foot apartment building originally constructed in 1920
    Historic school building converted into remodeled apartment suites
    One- and two‑bedroom layouts with galley kitchens, bedrooms, and baths
    Most units include fireplaces and refinished hardwood floors
    One suite offers 2 bedrooms, 2 baths, a walk‑in closet, and separate laundry room
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Chisholm, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1530-1532 E 1st St, Duluth, MN 55812

    $699,000
    3,200 sqft

    Six-unit property with separate electrical service for each apartment and off-street parking.

    View details
    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    218 Minnesota Ave NW, Bemidji, MN 56601

    $1,600,000

    Established commercial and residential asset with multiple suites, apartments, and an existing commercial anchor tenant.

    View details
    Vintage 5-Plex with Mixed Units
    Vintage 5-Plex with Mixed Units

    923 Beltrami Ave Nw, Bemidji, MN 56601

    $329,900

    Vintage 5-plex with four 1-bedroom units and one efficiency, each with stove and refrigerator.

    View details
    Brownstone Apartment Building
    Brownstone Apartment Building

    1321 East 1st Street, Duluth, MN 55812

    Contact for pricing

    Vintage apartment property with an inner courtyard, central lobby, on-site laundry, fitness room, and outdoor parking.

    View details

    Chisholm, MN Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Chisholm, MN on our real estate platform. These investment opportunities span a total of 33,778 square feet of properties for sale.

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    Demographics Overview

    Population 5,642
    Population Growth (5Y) -4.7%
    Median Household Income $63,497
    College Educated 19.6%

    Taxes & Financing

    Tax Rate (average for all types) 1.71%
    Property Tax per SF $2.94 per SF
    Tax Rate vs County Average 0.88 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

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