Four-Unit Property with Two-Stall
New
For Sale
$334,900
450 Murray Ave, Pine River, MN 56474
In-town rental property with six bedrooms, four bathrooms, and one currently vacant unit.
Property Size2,508 SF
Price / SF$133.53
Days on Market4
Property Features for 450 Murray Ave
General Information
Standard status
Active
Size
2,508 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Financials
Asking Price
$334,900
Gross Income
$39,000
Additional Details
Multifamily Units
4
Building Details
Year Built
1972
Buildings
1
Listing Agency:
eXp Realty
(612) 751-9303
Listed By:
Radames Cruz
Source:
Searchhousesnow
Added: Aug 29
Last Checked: Aug 31 at 7:00PM
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 eXp Realty
Investment Insights
Based on property information with market context.
This four-unit rental property at 450 Murray Ave includes 6 bedrooms, 4 bathrooms, and approximately 2,508 finished square feet. The 1972 building has a two-stall garage, a newer deck, updated kitchen flooring, and remote-controlled ceiling fans. Three units are occupied, while Unit 2 is vacant, providing a four-unit configuration with existing tenancy and one available unit.
The property is in Pine River near downtown, Pine River-Backus Schools, the Paul Bunyan State Trail, and Norway Lake, which offers public recreational access. Unit configuration, leases, expenses, licensing, rents, and measurements are subject to buyer and agent verification.
The property is in Pine River near downtown, Pine River-Backus Schools, the Paul Bunyan State Trail, and Norway Lake, which offers public recreational access. Unit configuration, leases, expenses, licensing, rents, and measurements are subject to buyer and agent verification.
Key Highlights
- Four‑unit property with 6 bedrooms and 4 bathrooms
- Approximately 2,508 finished square feet
- Three occupied units with Unit 2 currently vacant
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Explore this area
Business Placement
Demographics for 56474, MN
4,419
Population
2,857
Households
1.5
Avg Household Size
48
Median Age
22%
College-Educated
94%
High-School Grad
230.5 sq mi
ZIP Area
19
Density / Sq Mi
$55,741
Median Household Income
$34,906
Median Earnings
$870
Median Rent
$220,500
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?
Quadplex - In-town rental property with six bedrooms, four bathrooms, and one currently vacant unit.
Where is this quadplex located?
The property is located at 450 Murray Ave Pine River, MN.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: Four‑unit property with 6 bedrooms and 4 bathrooms; Approximately 2,508 finished square feet; Three occupied units with Unit 2 currently vacant
