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    Detroit Lakes, MN
    Quadplex

    Detroit Lakes, MN Quadplexes for Sale

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    Audubon, MN Rochert, MN Frazee, MN Vergas, MN Pelican Rapids, MN Lake Park, MN Perham, MN Dent, MN
    Renovated Four-Unit Multifamily Property
    Updated: Aug 21
    Renovated Four-Unit Multifamily Property

    1311 Summit Ave, Detroit Lakes, MN 56501

    $950,000
    6,892 sqft
    6,892‑square‑foot fourplex built in 1949
    Multiple units renovated with updated kitchens, bathrooms, flooring, lighting, appliances, and insulation
    Furnished five‑bedroom, three‑bath unit ready for occupancy
    Two‑bedroom unit expected to be vacant at the end of the month
    Within the first block of Detroit Lake City Beach and The Heartland State Trail
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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 Detroit Lakes, 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.

    Quadplex with Brick Exterior
    Quadplex with Brick Exterior

    1105 11th Street N, Fargo, ND 58102

    $330,000
    6,864 sqft 0.16 AC lot

    Brick-and-stone quadplex with baseboard heat, offering a two-bedroom and one-bedroom unit mix.

    View details
    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    1002 5th Ave S, Moorhead, MN 56560

    Contact for pricing
    4,675 sqft

    Well-maintained four-unit income building with a two-stall garage and 100% occupancy.

    View details
    North Fargo 4-Plex Investment
    North Fargo 4-Plex Investment

    2710 8th St N, Fargo, ND 58102

    Contact for pricing
    3,792 sqft

    Well-maintained four-unit building with a detached garage, fully fenced yard, and a mix of 1- and 2-bedroom layouts.

    View details
    Fourplex Residential Income Property
    Fourplex Residential Income Property

    1114 18th Street S, Moorhead, MN 56560

    Contact for pricing

    Fourplex residential income property offered for sale, consisting of four separate units.

    View details

    Detroit Lakes, MN Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Detroit Lakes, MN on our real estate platform. These investment opportunities span a total of 6,892 square feet of properties for sale, with an estimated market value of $950,000.

    Sale prices for four-unit buildings in Detroit Lakes, MN average $950,000 — 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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    Demographics Overview

    Population 18K
    Population Growth (5Y) +5.4%
    Median Household Income $68,980
    College Educated 21.1%

    Taxes & Financing

    Tax Rate (average for all types) 1.50%
    Property Tax per SF $34.24 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

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