519 S 9th Street, Brainerd, MN 56401
MULTI_FAMILY - Brainerd, MN
- Added:
- Apr 3, 2026
- Days on Market:
- 89
- Last Refresh:
- Jun 30 at 7:06 pm
Property Features for 519 S 9th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Basement, Bathroom 2
- Parking features
- Covered, Driveway
- Exterior features
- Vinyl
- Standard status
- Active
- APN
- 41240987
- Size
- 1,408 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1426
Utilities
- Heating system
- Forced Air, Baseboard
Building Details
- Year built
- 1888
- Building materials
- Frame
Listing agent Jamie Magness (218) 454-4300
Listing office Keller Williams Realty Professionals 406 Washington St. Suite 5 #151, Baxter, MN (218) 454-4300
Listing date Apr 3, 2026
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.
HighLights
- Year built 1888 with frame construction and vinyl exterior
- Upper level: 2 bedrooms, full bath, laminate hardwood flooring, gas wall mount heater
- Upper level includes stackable washer/dryer
- Lower level: 1 bedroom with new flooring and carpet, full bath, and tile countertops
- Lower level updates include new refrigerator plus washer/dryer
- Covered parking with driveway
Overview
The property is located at 519 S 9th Street in Brainerd, Minnesota, in Crow Wing County. The lot size is listed at 0.13 acres.
For buyers or operators seeking a manageable residential income asset, the clear two-level arrangement and in-unit laundry features can simplify tenant turnover and everyday living. The documented updates and replacements to the lower unit provide a basis for presenting the space to prospective tenants with fresh finishes.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.4k | $13.80 |
| − Vacancy | −$1.1k | −$0.76 |
| EGI | $18.4k | $13.04 |
| − OpEx | −$5.5k | −$3.91 |
| NOI | $12.9k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brainerd
- County
- Crow Wing
- State
- Minnesota
- Longitude
- -94.195613
- Latitude
- 46.352936
