Search
8-Unit Apartment Building
For Sale
$650,000

403 W Saint George Avenue, Grantsburg, WI 54840

Commercial Sale, Grantsburg, WI

Property SizeContact for details
Lot Size8.61 Acres
Days on Market63

Property Features for 403 W Saint George Avenue

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Residential-Multi-Family
Rooms Basement
Parking features Driveway
Appliances Range, Refrigerator
Lot features Corner Lot
High school district Grantsburg
Directions From Twin Cities: I-35 N to exit 165 for MN- 70 E Rock Creek/Grantsburg. Follow MN-70 E and WI-70 E. Turn Left on S. Russel St. Turn left onto W. St George Ave. Immediate Left into parking lot.
Standard status Active
APN 071312381915404000017000
Lot size 8.61 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5378

Utilities

Heating system Oil

Building Details

Year built 1962
Building materials Block
Listing Agency: RE/MAX Synergy · RE/MAX International
Listed By: Miranda Gray
Added: Aug 8 Changed: Oct 8 Last Checked: Oct 9 at 7:06AM
MLS# 7123125

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.

Investment Insights

Based on property information with market context.

This 8-unit apartment property at 403 W Saint George Avenue in Grantsburg was built in 1962 and occupies 8.607 acres. Four units have undergone complete renovations. The building has block construction, oil heat, and a basement; a driveway provides on-site parking. Range and refrigerator appliances are included.

Key Highlights

  • 8 apartments, including 4 completely renovated units
  • Built in 1962 with block construction
  • Property occupies 8.607 acres

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Plumbing Service Bakery Hair Salon (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby

Demographics for 54840, WI

4,702
Population
2,770
Households
1.7
Avg Household Size
48
Median Age
20%
College-Educated
92%
High-School Grad
255.2 sq mi
ZIP Area
18
Density / Sq Mi
$63,988
Median Household Income
$38,865
Median Earnings
$833
Median Rent
$180,800
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Four apartments have been renovated, with the property situated on a substantial acreage parcel.
Where is this apartment building located?
The property is located at 403 W Saint George Avenue Grantsburg, WI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 8 apartments, including 4 completely renovated units; Built in 1962 with block construction; Property occupies 8.607 acres
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again