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5-Unit Apartment Building
New
For Sale
$599,000

15073 Riverside Drive, Brainerd, MN 56401

Commercial Sale, Brainerd, MN

Property SizeContact for details
Lot Size1.22 Acres
Days on Market1

Property Features for 15073 Riverside Drive

General Information

Property type Commercial Sale
Property subtype Apartment
Rooms Basement
Parking features Covered
High school district Brainerd
Directions From Hwy 210 (Washington Street) / NW 4th Street intersection in Brainerd - North on NW 4th Street - At the Roundabout, exit onto Riverside Drive - Property is located on the North just after McKay Road
Standard status Active
APN 41340593
Lot size 1.22 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4628

Utilities

Heating system Oil, Space Heater
Cooling system Ductless

Building Details

Year built 1980
Building materials Frame
Roof type Shingle
Listing Agency: Close-Converse Commercial Prop
Listed By: Timothy Miller
Added: Oct 21 Last Checked: Oct 21 at 11:06PM
MLS# 7163290

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This single-story apartment property contains five units on a 1.22-acre parcel in Brainerd. Built in 1980, the frame building has a shingle roof and a basement. All five apartments are currently occupied.

Building systems include oil and space-heater heating with ductless cooling. Covered parking is also part of the property.

Key Highlights

  • Five units, all currently occupied
  • Single‑story frame apartment building
  • 1.22‑acre parcel

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

60
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - All five apartments are occupied at this Brainerd property.
Where is this apartment building located?
The property is located at 15073 Riverside Drive Brainerd, MN.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Five units, all currently occupied; Single‑story frame apartment building; 1.22‑acre parcel
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