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Hill City, MN Apartment Buildings for Sale

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Updated 6-Unit Apartment Building
Updated: Apr 11
Updated 6-Unit Apartment Building

241 W Lake Ave, Hill City, MN 55748

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Six‑unit apartment property with four two‑bedroom units and two large studios
Four of the six residences have been completely remodeled
Exterior and common‑area improvements have been completed
Full occupancy maintained for 5 years
Located at 241 W Lake Ave in Hill City, MN 55748
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hill City, 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.

6-Unit Apartment Building
6-Unit Apartment Building

1401 Norwood St, Brainerd, MN 56401

$369,000
0.17 AC lot

Apartment property with a varied unit mix, month-to-month occupancy, and an included additional lot.

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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.

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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.

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Six-Unit Apartment Building
Six-Unit Apartment Building

4714 Norwood Street, Brainerd, MN 56401

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Well-maintained six-unit property with a mix of three two-bedroom, two one-bedroom, and one efficiency apartment.

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Hill City, MN Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Hill City, MN on our real estate platform.

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Demographics Overview

Population 1,429
Population Growth (5Y) +2.5%
Median Household Income $54,615
College Educated 21.1%

Taxes & Financing

Tax Rate (average for all types) 1.66%
Property Tax per SF $23.41 per SF
Tax Rate vs County Average 0.32 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Aitkin County

New Delisted

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