Six-Unit Apartment
For Sale
$369,000
1401 Norwood St, Brainerd, MN 56401
Six apartments include a flexible mix of two-bedroom, one-bedroom, and efficiency units with month-to-month occupancy.
Property SizeContact for details
Days on Market101
Property Features for 1401 Norwood St
General Information
Standard status
Active
Property subtype
Commercial
Zoning
Business/Commercial
Units
Unit Mix
3 x 2BR, 2 x 1BR, 1 x efficiency
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$3,741
Building Details
Year Built
1938
Stories
3
Units
6
Listing Agency:
Your Home Sold Guaranteed Realty Exclusive
(218) 252-1373
Listed By:
James Flesch
(218) 252-1373
Source:
Juverealestate
Added: May 4
Changed: Aug 9
Last Checked: Aug 11 at 2:29PM
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 Your Home Sold Guaranteed Realty Exclusive
Investment Insights
Based on property information with market context.
Built in 1938, this six-unit apartment property includes three two-bedroom apartments, two one-bedroom units, and one efficiency apartment. The current tenancy is month to month across all units, providing a straightforward leasing structure. The property is designated Business/Commercial under its zoning classification.
An additional lot is included and is identified as having potential for future development. The current owner handles lawn care and snow removal, with those services potentially available for contract by a future owner. Showings require 48 hours’ notice. The property is located at 1401 Norwood St in Brainerd, within the Brainerd Lakes Area.
An additional lot is included and is identified as having potential for future development. The current owner handles lawn care and snow removal, with those services potentially available for contract by a future owner. Showings require 48 hours’ notice. The property is located at 1401 Norwood St in Brainerd, within the Brainerd Lakes Area.
Key Highlights
- Six‑unit apartment property built in 1938
- Unit mix includes three 2‑bedroom, two 1‑bedroom, and one efficiency apartment
- All units are currently leased on a month‑to‑month basis
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,103
Businesses Nearby
Explore this area
Business Placement
Demographics for 56401, MN
30,632
Population
16,038
Households
1.9
Avg Household Size
40
Median Age
24%
College-Educated
94%
High-School Grad
322.6 sq mi
ZIP Area
95
Density / Sq Mi
$70,269
Median Household Income
$40,172
Median Earnings
$918
Median Rent
$237,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six apartments include a flexible mix of two-bedroom, one-bedroom, and efficiency units with month-to-month occupancy.
Where is this apartment building located?
The property is located at 1401 Norwood St Brainerd, MN.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Six‑unit apartment property built in 1938; Unit mix includes three 2‑bedroom, two 1‑bedroom, and one efficiency apartment; All units are currently leased on a month‑to‑month basis
