1300 America NW Ave Bemidji, MN 56601-3846
Property Lookup
Property profile & analytics
1300 America NW Ave Bemidji, MN 56601-3846
- High-rise multifamily apartments
- 7,400 SF
- 0.32 lot acres
Property ID
US46-2183991
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- High-rise multifamily apartments
Property Details for 1300 America NW Ave
- Year built
- 1940
- Construction
- WOOD
- Lot size
- 0.32 lot acres
- Property size
- 7,400 SF
- Property type
- High-rise multifamily apartments
- APN
- 80.01602.00
- APU
- 800160200
Description
This exceptional 10-unit apartment complex presents a lucrative investment opportunity in Bemidji, Minnesota. Strategically located just five blocks from Bemidji State University, this property enjoys a high demand for student and young professional housing. The low-rise building boasts a total of 5,312 square feet and sits on a 0.56-acre lot. The complex comprises six two-bedroom units and four studio/efficiency apartments, all conveniently situated on a single level with private entrances. Residents benefit from off-street parking, including six garages, and the added convenience of on-site laundry facilities located in the basement. The property boasts an excellent rental history, demonstrating consistent occupancy and reliable income generation. Furthermore, the sale includes three additional vacant lots, offering significant potential for future expansion or development. This well-maintained property represents a rare opportunity to acquire a turnkey investment with strong cash flow and significant upside potential in a desirable location. The asking price is $599,900. This is a truly exceptional opportunity for investors seeking a stable and profitable addition to their portfolio. The property's proximity to Bemidji State University ensures consistent tenant demand, while the existing infrastructure and well-maintained condition minimize immediate capital expenditures. The inclusion of three additional lots provides significant flexibility for future growth and expansion.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Bemidji
- County
- Beltrami
- State
- Minnesota
- Longitude
- -94.8839
- Latitude
- 47.4808
- CBSA code
- 13420
- CBSA name
- BEMIDJI, MN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,786
$31,500
$382,900
$414,400
-
$31,500
$382,900
$414,400
