Building Details

Year Built 1984

Units 4

Tenancy Multi

Listing Agency: Wolff & Simon Real Estate

Listed By: Brian Halik · License #40527985 Show Phone

Source: Getyoumoved

Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 4:14PM

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Investment Insights

Based on property information with market context.

Built in 1984, this four-unit property includes three two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment. Each residence has dedicated utilities. A shared common area provides coin-operated laundry, and all units have been updated. The property is zoned Residential-Multi-Family.

Straight Lake, downtown Osage, and Park Rapids are nearby.

Key Highlights

• Four apartments: three 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
• Dedicated utilities for each residence
• Shared common area with coin‑operated washer and dryer

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Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

32

Businesses Nearby

Explore this area Business Placement

Demographics for 56570, MN

1,177

Population

780

Households

1.5

Avg Household Size

51

Median Age

19%

College-Educated

96%

High-School Grad

97.7 sq mi

ZIP Area

12

Density / Sq Mi

$65,938

Median Household Income

$33,466

Median Earnings

$700

Median Rent

$273,800

Median Home Value

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?

Quadplex - Each apartment has dedicated utilities, and residents share a coin-operated laundry area.

Where is this quadplex located?

The property is located at 23941 County Road 123 Osage, MN.

What is the asking price?

The asking price for this property is $449,900.

What are key features of this property?

This property features: Four apartments: three 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Dedicated utilities for each residence; Shared common area with coin‑operated washer and dryer