Multifamily and Single-Family Investment
516 7th Avenue, International Falls, MN 56649
- Added:
- Mar 24, 2026
- Days on Market:
- 51
- Last Refresh:
- May 13 at 9:06 am
Property Features for 516 7th Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Residential-Multi-Family
- Bedrooms
- 11
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Garage, Garage - Attached
- Exterior features
- Wood
- Standard status
- Active
- APN
- 9200631130
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1258
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1910
- Roof type
- Asphalt, Metal, Shingle
- Architectural style
- Other
Listing agent Riley Lind (218) 535-5325
Listing office eXp Realty 4525 White Bear Pkwy, White Bear Lake, MN (612) 751-9303
Listing date Mar 24, 2026
MLS# 7041697
Listing URL
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HighLights
- Immediate cash flow from 4 currently rented units plus upside from renovating vacant unit #1.
- Includes a 4‑unit multifamily building and a separate 3‑bedroom single‑family home.
- Unfinished third level with vaulted ceilings offers potential for additional unit(s) or expanded living space.
- Single‑family home provides flexibility for owner‑occupancy, additional rental income, or on‑site management.
- Unique architectural character from original church conversion.
- Garage and attached garage parking features.
Overview
This property presents a strong income-producing opportunity, featuring a 4-unit multifamily building and a separate 3-bedroom, 1.5-bath single-family home, both being sold together. Four of the five units are currently rented, with the vacant unit #1 undergoing renovations, offering immediate cash flow and additional upside upon completion. Originally a church with a pastor’s residence, the main building was converted into four rental units while retaining unique architectural character. The unfinished third level with vaulted ceilings offers potential for additional unit(s), expanded living space, or increased rental income. The accompanying single-family home provides flexibility for owner-occupancy, additional rental revenue, or on-site management. This versatile multi-unit property offers multiple income streams, value-add potential, and long-term growth, making it ideal for investors. The property is located in International Falls, MN, and sits on a 0.23-acre lot. The zoning is Residential-Multi-Family.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- International Falls
- County
- Koochiching
- State
- Minnesota
- Longitude
- -93.41018
- Latitude
- 48.599884
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Income-producing multifamily building plus a separate single-family home.
Where is this quadplex located?
The property is located at 516 7th Avenue International Falls, MN.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Immediate cash flow from 4 currently rented units plus upside from renovating vacant unit #1.; Includes a 4‑unit multifamily building and a separate 3‑bedroom single‑family home.; Unfinished third level with vaulted ceilings offers potential for additional unit(s) or expanded living space.
