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    801 E 41St St Hibbing, MN 55746

    For Sale
    $869,900

    Single, Multi-Family - Hibbing, MN

    Type:Multi Family
    Property size:
    8,120 SF
    Lot size:
    1.96 Acres
    Days on Market:
    149
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 801 E 41St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    32
    Bathrooms
    1
    APN
    140-0270-00991
    EntryLevel
    Efficiency
    Basement Y/N
    1
    Size
    8,120 SF
    Lot size
    1.96 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating), Natural Gas

    Building Details

    Year built
    1976
    Floors in Building
    3
    Number of units
    32
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

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

    Listing agent Deena Shykes (952) 829-2900

    Listing date Jul 18, 2025

    MLS# 6119058 Listing URL

    Copyright © 2025 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    32-Unit Apartment Complex on Hwy

    This 3-story, 32-unit apartment complex presents an excellent income opportunity. The property features high-visibility frontage on Hwy 169. Each unit is equipped with its own hot water heater and appliances. Coin-operated laundry facilities are available for tenant use. The property is located in Hibbing, MN, and is situated on a 1.96-acre lot. The total living area of the complex is 8120 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bear Den Apartments Apartment Building

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hibbing
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.928602
    Latitude
    47.400438

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    FAQs

    What type of property is this?
    Apartment building - 32-unit apartment complex with high-visibility frontage on Hwy 169.
    Where is this apartment building located?
    The property is located at 801 E 41St St Hibbing, MN.
    What is the asking price?
    The asking price for this property is $869,900.
    What are key features of this property?
    This property features: - 32-Unit Apartment Complex: substantial income opportunity; - High-Visibility Hwy 169 Frontage: excellent exposure; - Individual Hot Water Heaters: reducing utility cost concerns for tenants
    (952) 829-2900
    Request Owner's contact information
    801 E 41St St Hibbing, MN 55746
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    Hibbing, MN 55746
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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
    801 E 41St St Hibbing, MN 55746
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