Lake-View Fully Remodeled
For Sale
$1,175,000
107 Minnesota Avenue E, Walker, MN 56484
Fully remodeled 14-unit apartment property with a mix of 1-bedroom, efficiency, and one 3-bedroom unit, plus on-site Airbnb rentals.
Property SizeContact for details
Days on Market178
Property Features for 107 Minnesota Avenue E
General Information
Standard status
Active
Property subtype
Commercial
Zoning
Business/Commercial, Residential-Multi-Family
Additional Details
Multifamily Units
14
Taxes and HOA fees
Annual Taxes
$3,477
Building Details
Year Built
1950
Stories
1
Units
14
Listing Agency:
Coldwell Banker Realty
(218) 838-8218
Listed By:
Christopher Cullen
(218) 838-8218
Source:
Juverealestate
Added: Feb 26
Changed: Aug 23
Last Checked: Aug 23 at 2:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This fully remodeled 14-unit apartment property features a unit mix of one 3-bedroom, one-bath unit, ten 1-bedroom, one-bath apartments, and three efficiency units. The recent renovations include updated interiors designed to support both long-term occupancy and short-term stays. Three units are currently operating as Airbnb rentals, creating diversified revenue streams alongside seasonal demand.
Set overlooking the shores of Leech Lake, the property’s elevated setting provides lake views and proximity to Walker’s downtown area, including local shops, dining, and marina access. The surrounding recreation opportunities support year-round interest from boating, fishing, snowmobiling, and trail systems.
For buyers evaluating a turnkey residential income investment, the extensive remodel is positioned to reduce immediate capital expenses while supporting stable operations in a high-demand lake market.
Set overlooking the shores of Leech Lake, the property’s elevated setting provides lake views and proximity to Walker’s downtown area, including local shops, dining, and marina access. The surrounding recreation opportunities support year-round interest from boating, fishing, snowmobiling, and trail systems.
For buyers evaluating a turnkey residential income investment, the extensive remodel is positioned to reduce immediate capital expenses while supporting stable operations in a high-demand lake market.
Key Highlights
- Fully remodeled 14‑unit apartment property with a unit mix of 1 three‑bedroom unit, ten 1‑bedroom units, and three efficiency units
- All units recently renovated with updated interiors for long‑term tenants and short‑term guests
- Three units currently operating as Airbnb rentals, adding diversified income with seasonal demand
Property Analytics
Property Profile
Current Use
Lease Details
14
Residential units
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Explore this area
Business Placement
Demographics for 56484, MN
3,517
Population
2,592
Households
1.4
Avg Household Size
52
Median Age
32%
College-Educated
94%
High-School Grad
91.8 sq mi
ZIP Area
38
Density / Sq Mi
$64,688
Median Household Income
$35,024
Median Earnings
$625
Median Rent
$292,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully remodeled 14-unit apartment property with a mix of 1-bedroom, efficiency, and one 3-bedroom unit, plus on-site Airbnb rentals.
Where is this apartment building located?
The property is located at 107 Minnesota Avenue E Walker, MN.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Fully remodeled 14‑unit apartment property with a unit mix of 1 three‑bedroom unit, ten 1‑bedroom units, and three efficiency units; All units recently renovated with updated interiors for long‑term tenants and short‑term guests; Three units currently operating as Airbnb rentals, adding diversified income with seasonal demand
