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    Pine River, MN
    Multifamily

    Pine River, MN Multifamily Properties for Sale

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    Pequot Lakes, MN Breezy Point, MN Jenkins, MN Crosslake, MN Merrifield, MN Nisswa, MN Lake Shore, MN Backus, MN
    Updated Quadplex
    Updated: Aug 21
    Updated Quadplex

    450 Murray Avenue, Pine River, MN 56474

    $334,900
    2,508 sqft 1.40 AC lot
    Four‑unit property with 2,508 square feet of building area
    1.4‑acre in‑town parcel in Pine River, MN
    More than $15,000 in recent seller updates
    New deck, kitchen flooring, and remote‑controlled ceiling fans
    Attached 2‑stall garage plus driveway parking
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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 Pine River, 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.

    Duplex with Upper Two-Bedroom Unit
    Duplex with Upper Two-Bedroom Unit

    519 S 9th Street, Brainerd, MN 56401

    $209,900
    1,408 sqft 0.13 AC lot

    Frame duplex on a small lot with upper two-bedroom living space and lower one-bedroom unit.

    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1401 Norwood Street, Brainerd, MN 56401

    $369,000
    3,180 sqft 0.17 AC lot

    Six units with a mix of two-bedroom, one-bedroom, and efficiency apartments, all currently month to month.

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    Furnished Three-Unit Rental Property
    Furnished Three-Unit Rental Property

    607 Second Street S, Walker, MN 56484

    $799,000
    9,752 sqft 1.24 AC lot

    Furnished three-unit rental built in 2005 with 14 bedrooms, 13 bathrooms, and multiple decks and patios.

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    Lake-View Fully Remodeled 14-Unit
    Lake-View Fully Remodeled 14-Unit

    107 Minnesota Ave E, Walker, MN 56484

    $1,175,000

    Fully remodeled 14-unit apartment property with a mix of 1-bedroom, efficiency, and one 3-bedroom unit, plus on-site Airbnb rentals.

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    Pine River, MN Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Pine River, MN on our real estate platform. These investment opportunities span a total of 2,508 square feet of properties for sale, with an estimated market value of $334,900.

    Sale prices for multifamily properties in Pine River, MN average $334,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 1

    Demographics Overview

    Population 4,471
    Population Growth (5Y) +9.6%
    Median Household Income $55,741
    College Educated 29.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.17%
    Property Tax per SF $16.72 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cass County

    New Delisted

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