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    Babbitt, MN
    Quadplex

    Babbitt, MN Quadplexes for Sale

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    Updated Quadplex with Detached Garages
    Updated: Jul 12
    Updated Quadplex with Detached Garages

    12 Linney St, Babbitt, MN 55706

    $425,000
    3,460 sqft
    3,460‑square‑foot quadplex with four residential units
    New roof installed on both buildings
    New siding, fresh paint, and newer windows
    Detached garages plus parking lot
    Shared laundry room; one unit has private laundry facilities
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    This listing looks promising.

    Here's a quick look at some key insights for

    12 Linney St, Babbitt, MN 55706-0000

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $31K
      Annual

    • Price @ 7% Cap

      $440K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1977
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Babbitt, 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.

    Updated Four-Unit Quadplex
    Updated Four-Unit Quadplex

    1529 E 5th St, Duluth, MN 55812

    $640,000
    3,050 sqft 0.09 AC lot

    Brick multifamily property with dedicated parking, private storage, and shared laundry facilities.

    View details
    Updated Quadplex With Tuck-Under Garage
    Updated Quadplex With Tuck-Under Garage

    1529 E 5th St, Duluth, MN 55812

    $640,000
    3,050 sqft

    Four-unit building with private storage, dedicated parking, and upgraded mechanical systems.

    View details
    Four-Unit Quadplex
    Four-Unit Quadplex

    410 3rd Ave, Proctor, MN 55810

    $349,900
    1,200 sqft 0.21 AC lot

    The property identifies four bedrooms and four bathrooms, with radiant, natural-gas, and baseboard heating.

    View details
    Four-Unit Quadplex
    Four-Unit Quadplex

    410 3rd Ave, Proctor, MN

    $349,900
    1,200 sqft

    Four residential units provide flexibility for an owner occupant or a landlord leasing the entire property.

    View details

    Babbitt, MN Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Babbitt, MN on our real estate platform. These investment opportunities span a total of 3,460 square feet of properties for sale, with an estimated market value of $425,000.

    Sale prices for four-unit buildings in Babbitt, MN average $425,000 — 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 1,827
    Population Growth (5Y) +13.3%
    Median Household Income $60,096
    College Educated 30.1%

    High-Yield Neighborhoods for Investment

    Identify Babbitt submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55706 $425K

    Taxes & Financing

    Tax Rate (average for all types) 2.18%
    Property Tax per SF $44.35 per SF
    Tax Rate vs County Average 0.41 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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

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