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    408 10Th St International Falls, MN 56649

    For Sale
    $210,000

    Commercial - International Falls, MN

    Lot size:
    0.24 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 408 10Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Multi-Family
    APN
    9200767150
    Parking features
    Parking Lot
    Exterior features
    Stucco
    Appliances
    Range, Refrigerator
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1940
    Flooring type
    Carpet, Linoleum, Tile, Vinyl
    Roof type
    Flat
    Architectural style
    Other

    Move It Real Estate Group by Lakehomes.com (218) 327-9889 [email protected]

    Listing agent Lucas Debenedet (218) 327-9889

    Listing date Nov 7, 2025

    MLS# 6764198 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Rented Apartment Investment

    This fully rented apartment property presents an investment opportunity with a 12% cap rate. The property is located in International Falls, MN, in the county of Koochiching. Situated on a lot of 0.24 acres, this property offers immediate cash flow with reliable tenants already in place. The property is zoned for residential multi-family use. This property is suitable for investors seeking a high-yield asset in a strong rental market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    International Falls
    County
    Koochiching
    State
    Minnesota
    Longitude
    -93.405887
    Latitude
    48.595813

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    FAQs

    What type of property is this?
    Apartment building - Turnkey apartment property with reliable tenants and immediate cash flow.
    Where is this apartment building located?
    The property is located at 408 10Th St International Falls, MN.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: - Exceptional 12% Cap Rate: A very attractive high return on investment.; - Fully Rented with Reliable Tenants: Ensures immediate and consistent cash flow.; - Turnkey and Income-Producing: Ready to generate income immediately.
    (218) 327-9889
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    408 10Th St International Falls, MN 56649
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    International Falls, MN 56649
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    408 10Th St International Falls, MN 56649
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