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Historic Brick Multifamily Rehab
For Sale
$225,000

10035 Pokegama Lake Road Drive, Pine City, MN 55063

MULTI_FAMILY - Pine City, MN

Property Size12,702 SF
Lot Size0.72 Acres
Price / SF$17.71
Days on Market126

Property Features for 10035 Pokegama Lake Road Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential-Multi-Family
Bedrooms 12
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 4, Bedroom 12, Bedroom 8, Bathroom 2, Bedroom 10, Bathroom 5, Bedroom 7, Bedroom 11, Bathroom 4, Bathroom 1, Basement, Bedroom 3, Bathroom 6, Bedroom 2, Bedroom 9, Bedroom 1, Bedroom 5, Bathroom 3, Bathroom 7, Bedroom 6
Exterior features Brick/Stone
Subdivision Pine Shores at Pokegama Estate
High school district Pine City
Directions West of Pine City on Rd 7, 4 miles to Park Circle right, the continue left on Park Circle to Park Drive to property. Or you can put in GPS 10035 Pokgama Lake Road Pine City, MN.
Standard status Active
APN 0285792000
Size 12,702 SF
Lot size 0.72 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 776

Utilities

Heating system Hot Water(Heating)
Water source Well
Water front features Lake
Water front 1

Building Details

Year built 1920
Listing Agency: RE/MAX Advantage Plus · RE/MAX International
Listed By: Jan Rolfe · License #20252021
Added: Apr 13 Changed: Aug 12 Last Checked: Aug 16 at 10:06PM
MLS# 7054717

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Historic brick multifamily property on a 0.72-acre site featuring views of Lake Pokegama. The property includes a historic brick building built in 1920 and is being sold AS IS as a total rehab project. Heating is hot water. Exterior features include brick/stone.

Access to a community well and city sewer is included. Waterfront features are identified as Lake, with views of Lake Pokegama and across the street back waters of the Snake River, which connects to the lake.

The current zoning is listed as High Density Residential and commercia. While the room list includes multiple bedrooms and bathrooms, the public remarks disclose that there are no actual bed rooms and that plumbing is present but there are no bathrooms. The property is described as a clean slate for renovation, and an agent is to verify all measurements. Enter the building at your own risk.

Key Highlights

  • 0.72‑acre site with views of Lake Pokegama
  • Historic brick building built in 1920
  • Total rehab project sold AS IS

Property Analytics

Current Use

Multifamily properties

Lease Details

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

95
Businesses Nearby

Demographics for 55063, MN

9,236
Population
4,998
Households
1.8
Avg Household Size
45
Median Age
18%
College-Educated
93%
High-School Grad
159.2 sq mi
ZIP Area
58
Density / Sq Mi
$74,854
Median Household Income
$45,610
Median Earnings
$763
Median Rent
$239,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Historic brick multifamily property with lake frontage views and hot water heating, sold as-is for a full renovation project.
Where is this multifamily property located?
The property is located at 10035 Pokegama Lake Road Drive Pine City, MN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 0.72‑acre site with views of Lake Pokegama; Historic brick building built in 1920; Total rehab project sold AS IS
More about this property
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