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5-Unit Apartment Building
For Sale
$795,000

37462 Birch Drive N, Warroad, MN 56763

Furnished units include stainless steel appliances, in-unit washers and dryers, private patios, and paved parking.

Property Size4,065 SF
Price / SF$195.57
Days on Market54

Property Features for 37462 Birch Drive N

General Information

Standard status Active
Size 4,065 SF
Property subtype Commercial
Zoning Business/Commercial
Occupancy 100%

Additional Details

Furnished Yes
Multifamily Units 5
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,998

Amenities

stainless steel appliances
washer and dryers
private patios
paved parking

Building Details

Building Size 4,065 SF
Year Built 2015
Buildings 1
Stories 1
Units 5
Listing Agency: Home Crown Realty LLC
Listed By: Brandyn Dahl · License #20532109
Source: Homecrownrealty
Added: Sep 2 Changed: Oct 24 Last Checked: Oct 24 at 2:38PM

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 Home Crown Realty LLC

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Investment Insights

Based on property information with market context.

This five-unit apartment building totals 4,065 square feet and was built in 2015. The furnished apartments have stainless steel appliances, washers and dryers, and private patios. The building has no stairs, and paved parking serves the property. All five units are rented.

The property is less than 2 miles from Warroad and sits steps from the Warroad Estates Golf Course Clubhouse. Zoning is Business/Commercial.

Key Highlights

  • Five apartments totaling 4,065 square feet
  • Built in 2015; the building has no stairs
  • Furnished units with stainless steel appliances, washers and dryers, and private patios

Property Analytics

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 56763, MN

5,132
Population
2,347
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
92%
High-School Grad
262.9 sq mi
ZIP Area
20
Density / Sq Mi
$70,357
Median Household Income
$47,471
Median Earnings
$830
Median Rent
$184,700
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?
Apartment building - Furnished units include stainless steel appliances, in-unit washers and dryers, private patios, and paved parking.
Where is this apartment building located?
The property is located at 37462 Birch Drive N Warroad, MN.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Five apartments totaling 4,065 square feet; Built in 2015; the building has no stairs; Furnished units with stainless steel appliances, washers and dryers, and private patios
More about this property
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