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    Hibbing, MN Buhl, MN Nashwauk, MN Iron, MN Keewatin, MN Britt, MN Mountain Iron, MN Side Lake, MN
    Remodeled Historic Apartment Building
    Updated: Jul 3
    Remodeled Historic Apartment Building

    400-408 1st Ave. SW, Chisholm, MN 55719

    Contact for pricing
    33,778 sqft
    33,778‑square‑foot apartment building originally constructed in 1920
    Historic school building converted into remodeled apartment suites
    One- and two‑bedroom layouts with galley kitchens, bedrooms, and baths
    Most units include fireplaces and refinished hardwood floors
    One suite offers 2 bedrooms, 2 baths, a walk‑in closet, and separate laundry room
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Chisholm, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Seven-Bedroom Duplex
    Seven-Bedroom Duplex

    824 13th St. N, Virginia, MN 55792

    $71,900
    1,496 sqft

    Residential income property with R zoning and a required three-property sale structure.

    View details
    Fully Leased Duplex
    Fully Leased Duplex

    130 E 16th St, Hibbing, MN 55746

    $95,000
    1,968 sqft

    Upper- and lower-level layout with off-street parking and established tenancy.

    View details
    Fully Rented Multifamily Property
    Fully Rented Multifamily Property

    824 13th St N, Virginia, MN 55792

    $71,900
    1,496 sqft

    Currently leased and offered only as part of a three-property package with two nearby Virginia properties.

    View details
    Fully Leased Upper/Lower Duplex
    Fully Leased Upper/Lower Duplex

    130 E 16th Street, Hibbing, MN 55746

    $95,000
    1,968 sqft

    Fully leased upper and lower duplex with long-term tenants, off-street parking, and hot water heat.

    View details

    Chisholm, MN Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Chisholm, MN on our real estate platform. These investment opportunities span a total of 33,778 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

    Population 5,642
    Population Growth (5Y) -4.7%
    Median Household Income $63,497
    College Educated 19.6%

    Taxes & Financing

    Tax Rate (average for all types) 1.71%
    Property Tax per SF $2.94 per SF
    Tax Rate vs County Average 0.88 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

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