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    607_ 2 St S Walker, MN 56484

    For Sale
    $850,000

    Commercial - Walker, MN

    Lot size:
    1.24 Acres
    Days on Market:
    160
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 607_ 2 St S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Multi-Family
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    14
    APN
    TBD
    Parking features
    Driveway, Garage, Garage - Attached, Guest, Parking Lot, RV
    Exterior features
    Vinyl
    Lot size
    1.24 Acres

    Utilities

    Heating system
    Baseboard, Forced Air

    Building Details

    Year built
    2005
    Architectural style
    Other

    RE/MAX Results (952) 829-2900 [email protected]

    Listing agent Natasha Puffe (952) 829-2900

    Listing date Jul 7, 2025

    MLS# 6750670 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

    Walker MN Multi-Unit Investment

    Located in Walker, Minnesota, this property offers an opportunity to own a three-unit rental building. The property, with over 9700 square feet, is situated within walking distance of Leech Lake public access, schools, the library, restaurants, shopping, coffee shops, the Paul Bunyan Trail, and grocery stores. The building includes a total of 14 bedrooms, 13 bathrooms, and a 4-car garage. Exterior features include 2 decks, 2 patios, and a lawn shed. The main floor unit contains 10 bedrooms, 11 bathrooms, a full kitchen, a full laundry, a pantry, and an office, along with a 2-car garage currently used as a game room. Lower Level Unit A features 2 bedrooms, 1 bathroom, a full laundry room, and a kitchen. Lower Level Unit B also has 2 bedrooms and 1 bathroom, with laundry facilities located in a large utility room, and includes another 2-car garage. The property is being sold fully furnished, including appliances, beds, nightstands, TVs, end tables, accent chairs, a dining room table, chairs, couches, bedroom linens, and bathroom towels. Each bedroom has its own temperature-controlled heat. The lawn is equipped with a sprinkler system. The property is designed with internal stairs providing access to each unit through a secure entry, with separate driveways also available. The 1.24-acre lot and residential multi-family zoning allows for various business opportunities such as an Airbnb, VRBO, rental units, event center, assisted living, or wellness/treatment center.
    Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Map

    City
    Walker
    County
    Cass
    State
    Minnesota
    Longitude
    -94.57672505
    Latitude
    47.09479118

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    FAQs

    What type of property is this?
    Apartment building - Three-unit rental property in Walker, MN, fully furnished and ready!
    Where is this apartment building located?
    The property is located at 607_ 2 St S Walker, MN.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Turn-key 3-unit rental property with **14 bedrooms and 13 bathrooms**, fully furnished.; - Prime location in the heart of Walker, Minnesota, walking distance to Leech Lake, schools, restaurants, shopping, and the Paul Bunyan Trail.; - Versatile property ideal for Airbnb, VRBO, rental units, event center, assisted living, or wellness/treatment center.
    (952) 829-2900
    Request Owner's contact information
    607_ 2 St S Walker, MN 56484
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    Walker, MN 56484
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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

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    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
    607_ 2 St S Walker, MN 56484
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